Wall Street analysts expect GrubHub Inc (NYSE:GRUB) to announce $201.17 million in sales for the current quarter, Zacks reports. Ten analysts have made estimates for GrubHub’s earnings, with the highest sales estimate coming in at $202.72 million and the lowest estimate coming in at $199.50 million. GrubHub posted sales of $137.46 million during the same quarter last year, which suggests a positive year-over-year growth rate of 46.3%. The company is scheduled to issue its next earnings results on Wednesday, February 14th.

On average, analysts expect that GrubHub will report full year sales of $201.17 million for the current fiscal year, with estimates ranging from $677.50 million to $682.00 million. For the next financial year, analysts anticipate that the business will report sales of $929.25 million per share, with estimates ranging from $880.76 million to $967.80 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow GrubHub.

GrubHub (NYSE:GRUB) last issued its quarterly earnings results on Wednesday, October 25th. The information services provider reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. The business had revenue of $163.10 million for the quarter, compared to analyst estimates of $159.63 million. During the same period in the previous year, the business posted $0.23 earnings per share. The business’s revenue was up 32.1% compared to the same quarter last year.

A number of research analysts have recently issued reports on the stock. Wedbush reiterated an “outperform” rating and set a $60.00 price target (down from $63.00) on shares of GrubHub in a research note on Tuesday, September 26th. Monness Crespi & Hardt boosted their price target on shares of GrubHub from $35.00 to $42.00 and gave the stock a “sell” rating in a research note on Thursday, October 26th. KeyCorp set a $80.00 price target on shares of GrubHub and gave the stock a “buy” rating in a research note on Monday. Canaccord Genuity reiterated a “buy” rating and set a $68.00 price target (up from $60.00) on shares of GrubHub in a research note on Thursday, October 26th. Finally, Pacific Crest reissued an “overweight” rating and set a $62.00 price objective on shares of GrubHub in a report on Monday, September 25th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. GrubHub currently has an average rating of “Buy” and an average price target of $59.96.

GrubHub (NYSE:GRUB) opened at $70.34 on Tuesday. GrubHub has a one year low of $32.43 and a one year high of $70.74. The stock has a market cap of $5,914.30, a PE ratio of 78.41, a PEG ratio of 3.74 and a beta of 1.67.

In other GrubHub news, insider Barbara Martin Coppola sold 2,342 shares of the company’s stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $54.32, for a total value of $127,217.44. Following the sale, the insider now owns 10,488 shares of the company’s stock, valued at $569,708.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Adam Dewitt sold 6,722 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $52.61, for a total transaction of $353,644.42. Following the completion of the sale, the chief financial officer now directly owns 22,554 shares in the company, valued at approximately $1,186,565.94. The disclosure for this sale can be found here. Insiders sold 327,383 shares of company stock worth $19,612,812 in the last ninety days. Insiders own 2.37% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in GRUB. Cubist Systematic Strategies LLC purchased a new stake in shares of GrubHub in the third quarter valued at about $105,000. PNC Financial Services Group Inc. lifted its stake in shares of GrubHub by 6.4% during the second quarter. PNC Financial Services Group Inc. now owns 2,453 shares of the information services provider’s stock valued at $108,000 after buying an additional 148 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of GrubHub by 11.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,761 shares of the information services provider’s stock valued at $120,000 after buying an additional 285 shares during the period. Fortaleza Asset Management Inc. purchased a new position in shares of GrubHub during the second quarter valued at approximately $146,000. Finally, Asset Dedication LLC purchased a new position in shares of GrubHub during the third quarter valued at approximately $165,000.

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GrubHub Company Profile

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.

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