376 institutions hold shares in Grubhub Inc. (GRUB), with 310.54k shares held by insiders accounting for 0.33% while institutional investors hold 108.33% of the company’s shares. The shares outstanding are 92.91M, and float is at 91.95M with Short Float at 10.90%. Institutions hold 107.97% of the Float.
The top institutional shareholder in the company is Caledonia (Private) Investments Pty Ltd with over 16.54 million shares valued at $1.23 billion. The investor’s holdings represent 17.73% of the GRUB Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 8.26 million shares valued at $613.64 million to account for 8.86% of the shares outstanding. The other top investors are Blackrock Inc. which holds 7.81 million shares representing 8.38% and valued at over $580.18 million, while Goldman Sachs Group, Inc. holds 5.12% of the shares totaling 4.78 million with a market value of $354.8 million.
Grubhub Inc. (NYSE: GRUB) is -5.20% lower on its value in year-to-date trading and has touched a low of $43.26 and a high of $85.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GRUB stock was last observed hovering at around $70.06 in the last trading session, with the day’s gains setting it 0.35% off its average median price target of $75.00 for the next 12 months. It is also 11.99% off the consensus price target high of $80.00 offered by 10 analysts, but current levels are -40.82% lower than the price target low of $50.00 for the same period.
Currently trading at $70.41, the stock is 3.37% and 6.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 0.50% at the moment leaves the stock -1.73% off its SMA200. GRUB registered 51.97% gain for a year compared to 6-month loss of -8.76%. The firm has a 50-day simple moving average (SMA 50) of $64.24 and a 200-day simple moving average (SMA200) of $71.70.
The stock witnessed a 14.66% gain in the last 1 month and extending the period to 3 months gives it a -2.30%, and is -0.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.71% over the week and 2.11% over the month.
Grubhub Inc. (GRUB) has around 2841 employees, a market worth around $6.42B and $1.82B in sales. Fwd P/E is 44.56. Profit margin for the company is -8.60%. Distance from 52-week low is 62.76% and -17.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.70%).
Grubhub Inc. (GRUB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Grubhub Inc. (GRUB) is a “Hold”. 10 analysts offering their recommendations for the stock have an average rating of 3.10, where 9 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Grubhub Inc. is expected to release its quarterly report on 08/05/2021 and quarterly earnings per share for the current quarter are estimated at $0.02 with sales reaching $550.59M over the same period.The EPS is expected to shrink by -729.70% this year, but quarterly earnings will post 20.40% year-over-year. Quarterly sales are estimated to grow 51.70% in year-over-year returns.
Grubhub Inc. (GRUB) Insider Activity
A total of 150 insider transactions have happened at Grubhub Inc. (GRUB) in the last six months, with sales accounting for 76 and purchases happening 74 times. The most recent transaction is an insider sale by DeWitt Adam, the company’s President, CFO and Treasurer. SEC filings show that DeWitt Adam sold 4,000 shares of the company’s common stock on Apr 19 at a price of $73.10 per share for a total of $0.29 million. Following the sale, the insider now owns 44623.0 shares.
Grubhub Inc. disclosed in a document filed with the SEC on Apr 05 that DeWitt Adam (President, CFO and Treasurer) sold a total of 6,000 shares of the company’s common stock. The trade occurred on Apr 05 and was made at $63.81 per share for $0.38 million. Following the transaction, the insider now directly holds 48623.0 shares of the GRUB stock.
Still, SEC filings show that on Mar 15, DeWitt Adam (President, CFO and Treasurer) disposed off 1,500 shares at an average price of $67.69 for $0.1 million. The insider now directly holds 52,623 shares of Grubhub Inc. (GRUB).
Grubhub Inc. (GRUB): Who are the competitors?
The company’s main competitors (and peers) include Flanigan’s Enterprises Inc. (BDL) that is trading 19.41% up over the past 12 months. Short interest in the company’s stock has fallen -3.94% from the last report on Apr 14, 2021 to stand at a total of 10.02 million short shares sold with a short interest ratio of 7.16.