Somewhat Favorable Press Coverage Somewhat Unlikely to Impact GrubHub (NASDAQ:GRUB) Stock Price

News headlines about GrubHub (NASDAQ:GRUB) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. GrubHub earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned news headlines about the information services provider an impact score of 44.0106084650388 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have effected Accern’s scoring:

GrubHub (NASDAQ GRUB) opened at 54.46 on Friday. The stock has a 50 day moving average of $46.91 and a 200 day moving average of $41.04. The firm has a market cap of $4.70 billion and a price-to-earnings ratio of 80.09. GrubHub has a one year low of $32.43 and a one year high of $57.26.

GrubHub (NASDAQ:GRUB) last released its quarterly earnings results on Thursday, August 3rd. The information services provider reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.01. GrubHub had a net margin of 11.35% and a return on equity of 7.21%. The business had revenue of $158.79 million for the quarter, compared to analysts’ expectations of $158.13 million. Equities research analysts predict that GrubHub will post $1.10 EPS for the current fiscal year.

A number of research analysts have recently issued reports on the stock. Cowen and Company reiterated a “hold” rating on shares of GrubHub in a research note on Sunday, April 30th. Maxim Group reiterated a “hold” rating on shares of GrubHub in a research note on Thursday, April 27th. Roth Capital restated a “buy” rating on shares of GrubHub in a research report on Monday, May 22nd. Pacific Crest restated an “overweight” rating and issued a $50.00 price objective on shares of GrubHub in a research report on Wednesday, June 28th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $53.00 price objective (up previously from $50.00) on shares of GrubHub in a research report on Wednesday. Two analysts have rated the stock with a sell rating, seven have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $48.87.

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In other GrubHub news, CEO Matthew M. Maloney sold 6,250 shares of GrubHub stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $44.57, for a total value of $278,562.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Matthew M. Maloney sold 88,000 shares of GrubHub stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $55.83, for a total transaction of $4,913,040.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 280,342 shares of company stock worth $13,974,090.

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.

Insider Buying and Selling by Quarter for GrubHub (NASDAQ:GRUB)

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