Wall Street analysts expect GrubHub Inc (NYSE:GRUB) to report earnings per share (EPS) of ($0.03) for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have issued estimates for GrubHub’s earnings, with estimates ranging from ($0.21) to $0.07. GrubHub posted earnings per share of $0.19 in the same quarter last year, which would indicate a negative year over year growth rate of 115.8%. The company is scheduled to report its next earnings results on Thursday, February 6th.

On average, analysts expect that GrubHub will report full-year earnings of $0.81 per share for the current year, with EPS estimates ranging from $0.63 to $0.89. For the next financial year, analysts forecast that the firm will report earnings of $0.25 per share, with EPS estimates ranging from ($0.02) to $0.63. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for GrubHub.

GrubHub (NYSE:GRUB) last issued its earnings results on Monday, October 28th. The information services provider reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.15. GrubHub had a net margin of 0.32% and a return on equity of 2.89%. The business had revenue of $322.05 million during the quarter, compared to analysts’ expectations of $329.54 million. During the same quarter in the prior year, the business posted $0.45 EPS. The company’s revenue for the quarter was up 30.3% on a year-over-year basis.

Several brokerages have recently issued reports on GRUB. Oppenheimer cut shares of GrubHub from an “outperform” rating to an “underperform” rating and lowered their target price for the company from $91.00 to $34.00 in a report on Tuesday, October 29th. Bank of America cut shares of GrubHub from a “buy” rating to an “underperform” rating in a report on Tuesday, October 29th. JMP Securities cut shares of GrubHub from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 30th. Barclays upgraded shares of GrubHub from an “underweight” rating to an “overweight” rating and upped their target price for the company from $27.00 to $51.00 in a report on Friday, November 15th. Finally, Craig Hallum cut shares of GrubHub from a “buy” rating to a “hold” rating and lowered their target price for the company from $100.00 to $40.00 in a report on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. GrubHub currently has an average rating of “Hold” and a consensus price target of $62.60.

Shares of GrubHub stock opened at $42.26 on Tuesday. The company has a fifty day simple moving average of $44.58 and a 200-day simple moving average of $60.56. GrubHub has a 12-month low of $32.11 and a 12-month high of $87.98. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40. The stock has a market cap of $3.94 billion, a price-to-earnings ratio of 34.36, a PEG ratio of 7.60 and a beta of 1.21.

In related news, SVP Margo Drucker sold 587 shares of the stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $60.00, for a total transaction of $35,220.00. Following the completion of the sale, the senior vice president now owns 8,315 shares in the company, valued at approximately $498,900. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Brandt Walter Kucharski sold 2,030 shares of the stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $55.13, for a total transaction of $111,913.90. Following the sale, the insider now owns 2,030 shares of the company’s stock, valued at approximately $111,913.90. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,694 shares of company stock valued at $258,086. 1.88% of the stock is owned by company insiders.

Large investors have recently modified their holdings of the stock. Logan Capital Management Inc. boosted its stake in GrubHub by 64.0% during the 2nd quarter. Logan Capital Management Inc. now owns 16,821 shares of the information services provider’s stock worth $1,312,000 after purchasing an additional 6,563 shares during the period. Atria Investments LLC purchased a new position in GrubHub during the 2nd quarter worth $457,000. Steward Partners Investment Advisory LLC purchased a new position in GrubHub during the 2nd quarter worth $41,000. Ellington Management Group LLC raised its position in GrubHub by 123.4% during the 2nd quarter. Ellington Management Group LLC now owns 42,000 shares of the information services provider’s stock worth $3,276,000 after buying an additional 23,200 shares during the last quarter. Finally, Commonwealth Equity Services LLC purchased a new position in GrubHub during the 3rd quarter worth $326,000.

About GrubHub

Grubhub Inc, together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 105,000 local restaurants with diners with diners in various cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites; and operates Websites through grubhub.com, seamless.com, eat24.com, and menupages.com.

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Earnings History and Estimates for GrubHub (NYSE:GRUB)

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