Grubhub

Grubhub is one stock that could more than double in 2019, Stephens says

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In the restaurant sector, Grubhub Inc. GRUB, -1.64%  is top pick with a stock price target that is 102% above its year-end closing price. The stock was first added to Stephens’ list after a selloff following the third quarter.

“We continue to support the company’s decision for additional investment in acquiring diners at accelerating ROIs (return on investment), which we believe will likely lead to further upside in FY19 revenue growth and greater earnings power over time,” analyst Will Slabaugh wrote. “ We also felt 3Q18 demonstrated that 1) organic demand continues to accelerate, demonstrating the health of the end-market, and 2) the additional ad-spend in 3Q (leading to the EBITDA miss) translated into clear top-line benefits, which we expect to occur on a larger scale in 4Q18/2019.”

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https://www.marketwatch.com/story/enova-...2019-01-02

Grubhub gestern dann mal gute 40% runter...  

Grubhub Stock Plunges On Earnings Report Flop, Intense Competition

Grubhub (GRUB) plunged Tuesday in reaction to third-quarter earnings that missed Wall Street expectations — and offered a dismal fourth-quarter outlook — in the face of slowing industry growth and heated competition.

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A provider of food delivery services, Grubhub reported revenue of $322 million, missing analyst estimates for $330.5 million. Adjusted earnings of 27 cents per share missed by a penny. Revenue growth of 30% from the year-ago period was its slowest advance in 14 quarters. It was also the fourth quarter in a row of deceleration.

Grubhub gave a fourth-quarter revenue outlook in the range of $315 million to $335 million. The midpoint of $325 million is about $62 million short of estimates.


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https://www.investors.com/news/technolog...yptr=yahoo

Grubhub Stock Drops After Denying Reports It's Up For Sale

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On Wednesday, the Wall Street Journal said Grubhub (GRUB) tapped financial advisors for help with a review of potential moves that could include a sale. Grubhub stock surged nearly 13% in reaction. Additional media reports said Walmart (WMT), Kroger (KR) and two other grocers were interested in acquiring Grubhub.

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https://www.investors.com/news/technolog...yptr=yahoo