GrubHub (NYSE:GRUB) Getting Extremely Negative Press Coverage, Report Finds

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News stories about GrubHub (NYSE:GRUB) have been trending extremely negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. GrubHub earned a media sentiment score of -4.22 on their scale. InfoTrie also gave news articles about the information services provider an news buzz score of 0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have effected GrubHub’s score:

NYSE:GRUB opened at $57.35 on Friday. The company has a quick ratio of 2.52, a current ratio of 2.52 and a debt-to-equity ratio of 0.53. GrubHub has a 52 week low of $29.35 and a 52 week high of $80.25. The stock has a market capitalization of $5.27 billion, a price-to-earnings ratio of -89.61 and a beta of 1.21. The firm has a 50 day moving average of $45.90 and a 200 day moving average of $46.29.

GrubHub (NYSE:GRUB) last issued its quarterly earnings results on Wednesday, May 6th. The information services provider reported ($0.16) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.25) by $0.09. GrubHub had a negative net margin of 4.36% and a negative return on equity of 0.74%. The business had revenue of $363.00 million for the quarter, compared to analyst estimates of $359.76 million. During the same quarter in the prior year, the business posted $0.30 EPS. GrubHub’s revenue for the quarter was up 12.1% compared to the same quarter last year. As a group, analysts expect that GrubHub will post -1.25 EPS for the current year.

Several equities research analysts have issued reports on GRUB shares. Exane BNP Paribas cut shares of GrubHub from a “neutral” rating to an “underperform” rating and set a $30.00 price objective for the company. in a research report on Monday, April 27th. Deutsche Bank boosted their price objective on shares of GrubHub from $40.00 to $46.00 and gave the company a “hold” rating in a research report on Monday, May 11th. Wedbush reissued a “hold” rating and issued a $45.00 price objective on shares of GrubHub in a research report on Monday, February 10th. ValuEngine cut shares of GrubHub from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 1st. Finally, Credit Suisse Group lowered their price target on shares of GrubHub from $68.00 to $64.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. Five analysts have rated the stock with a sell rating, seventeen have given a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $50.96.

In other GrubHub news, CFO Adam Dewitt sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $45.00, for a total transaction of $45,000.00. Following the transaction, the chief financial officer now owns 56,488 shares in the company, valued at approximately $2,541,960. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 15,156 shares of company stock worth $816,524 in the last 90 days. 1.88% of the stock is currently owned by company insiders.

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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