|Day's Range||1.20 - 1.20|
GrubHub Inc (NYSE:GRUB) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the caseRead More...
FTSE Russell is rebalancing the large-cap Russell 1000 and the small-cap Russell 2000 indexes, which happens only once a year. Last year's reconstitution on June 23 saw nearly 5 billion shares change hands, the second busiest day of 2017. A little-known indexing event on Friday will likely result in the year's biggest volume day, with large trading and potential price swings in well-known names like Apple, Microsoft, J.P. Morgan, and Grubhub.
Square (SQ) has rolled out an option for Caviar drivers to receive their payments instantly through its Cash App. “It really economically empowers couriers, and we believe it changes how on-demand workers access their earnings,” the Verge quoted Caviar head Gokul Rajaram as saying about the option for drivers to receive instant payments.
As concerns over trade wars escalate, investors may find refuge in small-cap stocks, which have been handily beating the broader market this year. Lower exposure to trade risk along with beneficial tax policy exposures, relative strength in U.S. economic growth, and potential merger activity, make small caps like GrubHub Inc. ( GRUB), Exact Sciences Corp. ( EXAS) and Aspen Technology Inc. ( AZPN), especially attractive in the current environment, according to CNBC.
Square (SQ) has launched a software platform for running all restaurant operations in an attempt that seems aimed at strengthening Caviar, its online food ordering and delivery business. Square for Restaurants, as the platform is called, is a cloud-based solution that offers a complete set of tools for running a restaurant business efficiently. The platform is integrated with Caviar to tie together in one place point-of-sale and food ordering functions.
Companies like GrubHub GRUB , Zillow ZG , Angi Homeservices ANGI and IAC IAC have posted double-digit gains this year, while one of the best performers, Etsy ETSY , has rocketed by as much as 112 percent. Mark Newton , president and founder of Newton Advisors, only has eyes for one of the names. GrubHub's relative strength index, a momentum measure, spiked to 72 to end last week as its stock scored another intraday record on Friday.
Shares of Internet stock GrubHub (GRUB) rose 13.3% in the week that ended on June 15 to close at $118.77. GrubHub shares have generated a return of 172% in the trailing 12 months and 18% in the trailing one month since rising over 90% in 2017.
Consumers are staying home more than ever before and, increasingly, even when they're eating out, they're eating in. How can you invest in America's growing appetite for delivery?
Look for Grubhub to partner with restaurant chains to provide ordering functionality on their mobile phone apps, says an Oppenheimer analyst, who raised his price target on the leading provider of food delivery services.
Shares of GrubHub Inc. are up 1.9% in Thursday morning trading after Oppenheimer analyst Jason Helfstein raised his price target on the stock to $130 from $100. The new $130 price target is the second highest among those tracked by FactSet. "We see opportunity for GRUB to leverage capabilities in UI, personalization/loyalty and digital marketing to power mobile apps for many large chain restaurants," Helfstein wrote.
A gain of 58.32% in 2018 for shares of GrubHub Inc. ( GRUB) was likely helped by unusual trading activity in the stock. GrubHub shares have been performing very well this year even after a very solid 2017 return (+93.74%), and what makes this company interesting is that higher share volumes are accompanying the higher share price. As food delivery gains in popularity, GrubHub should continue to post solid growth for years to come.
NEW YORK, June 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Matrix ...
The relentless growth of Amazon.com Inc.’s Prime memberships has led the e-commerce giant to tap courier services like INPAX to make same-day and two-day deliveries in what’s called “the final mile” to customer homes. “In the final-mile world, there’s more work than you can handle,” said Wright, who employs 300 drivers running U.S. routes for Amazon and 200 independent contractors for non-Amazon accounts. Atlanta-based INPAX and other regional services supplement the major haulers -- United Parcel Service Inc., FedEx Corp. and the U.S. Postal Service.
Investors will want to check out these promising innovators in restaurant delivery, accounting made easy, and mobile check processing.
Plenty of analysts and investors are bullish on the future prospects for Yelp Inc (NASDAQ:YELP). Currently, the Street-high price target calls for Yelp stock to rally another ~40% to $58 per share. Keybanc analyst Brad Erickson downgraded Yelp stock from overweight to sector weight on Wednesday.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 20. Index (PMI) data, output in the Technology sector is rising.
Grubhub is the IBD Stock of the Day, and looks poised for tasty gains as it hovers near a buy zone. The stock has made mammoth gains in the last 12 months, with its value rising by around 140% from its closing mark of 43.88 this time last year.
GrubHub Inc (NYSE:GRUB), a internet company based in United States, saw a decent share price growth in the teens level on the NYSE over the last few months. As aRead More...
The IBD 50 list of top stocks is a great place to look for investing ideas. Alibaba, Red Hat, ServiceNow and Grubhub are all in buy range now.
Ride-hailing giant Uber’s CEO Dara Khosrowshahi said during Recode’s Code Conference that the company intends to go public in the second half of 2019. Khosrowshahi said during the conference that Uber wants to be the “Amazon of Transportation.” Khosrowshahi mentioned that in the future Uber could be a platform that bikes, buses, and even subways operate on. According to Khosrowshahi, Uber’s online food delivery service, UberEats has achieved a $6 billion run rate.
No matter how fast a driver may be, the food is always going to taste a little stale. As a result, the GrubHub bubble perplexes me and, make no mistake, it’s a bubble. GRUB stock opened for trade June 1 at about $108 per share, but Canaccord Genuity analyst Maria Ripps just began coverage with a price target of $130.
Southeast Asian ride-hailing company Grab recently acquired Uber’s assets in the region. UberEats, Uber’s online delivery business, officially pulled out of the region on May 27, and on May 28, Grab launched its own online delivery service in Singapore. Grab took over UberEats in the region as part of its acquisition of Uber, and moved its merchants and customer base to GrabFood.
GrubHub Inc (NASDAQ: GRUB )’s rapid expansion could soon make it synonymous with food delivery in the way Uber is with ride-hailing and Amazon is for household items, according to Canaccord Genuity. The ...