Brokerages expect GrubHub Inc (NYSE:GRUB) to announce ($0.03) earnings per share for the current fiscal quarter, Zacks reports. Eight analysts have provided estimates for GrubHub’s earnings, with estimates ranging from ($0.21) to $0.07. GrubHub posted earnings of $0.19 per share in the same quarter last year, which would suggest a negative year over year growth rate of 115.8%. The firm is scheduled to announce its next earnings results on Thursday, February 6th.

According to Zacks, 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 fiscal year, analysts anticipate that the business will post earnings of $0.25 per share, with EPS estimates ranging from ($0.02) to $0.63. Zacks’ EPS averages are a mean average based on a survey of research firms that that provide coverage for GrubHub.

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

A number of equities research analysts recently commented on the company. Mizuho downgraded GrubHub from a “buy” rating to a “neutral” rating and set a $35.00 price objective for the company. in a report on Tuesday, October 29th. Wedbush downgraded GrubHub from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $90.00 to $30.00 in a report on Wednesday, October 30th. DA Davidson downgraded GrubHub from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $100.00 to $37.00 in a report on Wednesday, October 30th. Barclays upgraded GrubHub from an “underweight” rating to an “overweight” rating and upped their price objective for the company from $27.00 to $51.00 in a report on Friday, November 15th. Finally, Craig Hallum downgraded GrubHub from a “buy” rating to a “hold” rating and dropped their price objective for the company from $100.00 to $40.00 in a report on Tuesday, October 29th. Two investment 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 assigned a strong buy rating to the stock. GrubHub has a consensus rating of “Hold” and a consensus target price of $62.60.

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

In other news, Director Keith Richman acquired 3,000 shares of GrubHub stock in a transaction dated Friday, November 1st. The stock was bought at an average cost of $33.31 per share, with a total value of $99,930.00. Following the completion of the transaction, the director now directly owns 3,284 shares of the company’s stock, valued at $109,390.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Margo Drucker sold 587 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $60.00, for a total value of $35,220.00. Following the transaction, the senior vice president now directly owns 8,315 shares of the company’s stock, valued at $498,900. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,694 shares of company stock valued at $258,086. Insiders own 1.88% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Elkfork Partners LLC acquired a new position in shares of GrubHub during the second quarter worth about $26,000. Meadow Creek Investment Management LLC acquired a new position in shares of GrubHub during the second quarter worth about $33,000. Glen Harbor Capital Management LLC acquired a new position in shares of GrubHub during the second quarter worth about $40,000. Steward Partners Investment Advisory LLC bought a new stake in GrubHub during the second quarter worth about $41,000. Finally, CSat Investment Advisory L.P. bought a new stake in GrubHub during the second quarter worth about $52,000.

GrubHub Company Profile

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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