GrubHub Inc (NASDAQ:GRUB) has been given a consensus recommendation of “Buy” by the twenty-five ratings firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation, fourteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $49.16.

Several equities research analysts have recently issued reports on GRUB shares. Maxim Group reissued a “hold” rating on shares of GrubHub in a research report on Thursday, April 20th. Zacks Investment Research lowered shares of GrubHub from a “buy” rating to a “hold” rating in a research report on Thursday, April 20th. Roth Capital set a $45.00 price objective on shares of GrubHub and gave the stock a “buy” rating in a research report on Monday, April 24th. Wedbush increased their price objective on shares of GrubHub from $47.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, April 28th. Finally, Stifel Nicolaus increased their price objective on shares of GrubHub from $48.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, April 28th.

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In other GrubHub news, COO Stanley Chia sold 822 shares of the business’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $46.65, for a total transaction of $38,346.30. Following the sale, the chief operating officer now directly owns 1,215 shares in the company, valued at approximately $56,679.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Matthew M. Maloney sold 6,250 shares of the business’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $44.57, for a total transaction of $278,562.50. The disclosure for this sale can be found here. Over the last quarter, insiders sold 289,592 shares of company stock worth $14,500,728.

Several hedge funds have recently added to or reduced their stakes in GRUB. Caledonia Private Investments Pty Ltd boosted its position in shares of GrubHub by 3.4% in the second quarter. Caledonia Private Investments Pty Ltd now owns 9,911,910 shares of the information services provider’s stock valued at $432,159,000 after buying an additional 329,401 shares in the last quarter. Baillie Gifford & Co. boosted its position in shares of GrubHub by 1.7% in the second quarter. Baillie Gifford & Co. now owns 8,385,444 shares of the information services provider’s stock valued at $365,605,000 after buying an additional 142,445 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of GrubHub by 3.0% in the second quarter. Vanguard Group Inc. now owns 6,952,748 shares of the information services provider’s stock valued at $303,139,000 after buying an additional 203,802 shares in the last quarter. BlackRock Inc. boosted its position in shares of GrubHub by 4.3% in the second quarter. BlackRock Inc. now owns 5,296,672 shares of the information services provider’s stock valued at $230,935,000 after buying an additional 216,307 shares in the last quarter. Finally, Carmignac Gestion boosted its position in shares of GrubHub by 55.4% in the second quarter. Carmignac Gestion now owns 4,976,545 shares of the information services provider’s stock valued at $216,977,000 after buying an additional 1,773,959 shares in the last quarter.

GrubHub (NASDAQ GRUB) opened at 53.56 on Friday. The firm has a market cap of $4.63 billion and a P/E ratio of 78.76. The firm has a 50 day moving average of $47.97 and a 200 day moving average of $41.40. GrubHub has a 1-year low of $32.43 and a 1-year high of $57.26.

GrubHub (NASDAQ:GRUB) last released its quarterly earnings data on Thursday, August 3rd. The information services provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.01. GrubHub had a net margin of 9.29% and a return on equity of 5.84%. The company had revenue of $158.79 million during the quarter, compared to analyst estimates of $158.13 million. On average, equities research analysts expect that GrubHub will post $1.10 EPS for the current year.

About GrubHub

Grubhub Inc provides an online and mobile platform for restaurant pick-up and delivery orders. Its products include Grubhub and Seamless Mobile Applications and Mobile Website, Grubhub and Seamless Websites, Corporate Program, Delivery, Allmenus and MenuPages, Grubhub for Restaurants, and Restaurant Websites.

Analyst Recommendations for GrubHub (NASDAQ:GRUB)

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