GRUB - Grubhub Inc.

NYSE - NYSE Delayed Price. Currency in USD
57.52
-0.97 (-1.66%)
At close: 4:00PM EDT

57.60 +0.08 (0.14%)
After hours: 5:55PM EDT

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Inside Bar (Bearish)

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close58.49
Open58.41
Bid57.35 x 1000
Ask57.40 x 800
Day's Range56.70 - 59.47
52 Week Range29.35 - 80.25
Volume1,768,034
Avg. Volume5,019,290
Market Cap5.289B
Beta (5Y Monthly)1.23
PE Ratio (TTM)1,337.67
EPS (TTM)0.04
Earnings DateJul 28, 2020 - Aug 03, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est47.72
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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  • Thomson Reuters StreetEvents

    Edited Transcript of GRUB earnings conference call or presentation 7-May-20 1:00pm GMT

    Q1 2020 GrubHub Inc Earnings Call

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    Grubhub Says It Wants a Breakup Fee if Regulators Stop Uber’s Acquisition Deal

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  • MarketWatch

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Meanwhile, Uber and Lyft haven’t altered their stance that drivers are independent contractors, not employees, disqualifying them from unemployment insurance in most states. The companies have directed drivers toward at least three alternatives, including the two Parise applied for.Congress created Pandemic Unemployment Assistance to help provide financial relief to workers normally ineligible for unemployment benefits, and Uber successfully lobbied for its drivers to be included. States manage the federally funded program, and implementation has been patchy at best. Many drivers have yet to receive money or even confirmation they’ll get it eventually, said Harry Campbell, who runs a popular website for drivers called the Rideshare Guy. “Some people are getting unemployment,” he said. “Some aren’t.”The financial-aid programs for small businesses have been similarly inconsistent. 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Dozens of drivers clicked through the link and filled out applications, according to data Walter received from Womply that was reviewed by Bloomberg.Walter got a loan of $4,800 and anticipates he’ll have to pay it back. He didn’t apply for other government programs, he said, because it didn’t feel right. Since Walter mostly delivers food, he said he’s actually doing pretty well. He can squeeze more deliveries into every hour and gets paid more. “Traffic is a lot better, and parking is a lot better because everybody is staying home,” he said. But as the economy worsens, Walter worries demand is not going to last. At some point, he said, “people run out of money.”(Updates with lawsuit in the 12th paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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    InvestorPlace

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Almost every weekend, we'd drive to the local Dunkin' shop to pick up a dozen doughnuts, along with a box of doughnut holes.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut then we moved to California and left the East Coast Dunkin' behind. My son never really got over it. Every time I traveled to the East Coast for business, he'd ask me to bring back a doughnut or two, if I could. And if I couldn't, he'd ask me to at least take a photo of a Dunkin' Donuts shop and send it to him. * 7 Dow Jones Stocks to Buy With Fortress-Like Balance Sheets That's a powerful example of "brand value," and that's one of the traits that will enable Dunkin' Brands to thrive in the post-Covid-19 world. And that tradition will continue well into the next generation and beyond. Plenty of Room for Brand GrowthWhile many East Coasters, like my son, are huge fans of Dunkin' Donuts, much of the country isn't so familiar with Dunkin' yet. The company launched its initial public offering in 2011 in part to raise funds and enhance its public stature as part of a big expansion push across the United States. That is well under way now, as the company has found new franchisees outside of its core East Coast market.There's also a large overseas opportunity for Dunkin' Donuts. International revenues account for just 17% of the company's total sales at this point. However, this could grow a ton. As of year-end 2019, Dunkin' Donuts had more than 13,000 locations. Nearly 10,000 of those are in the United States, and the other 3,500 are international. Three thousand five hundred is an impressive number and shows the potential for the company to become a coffee and fast-food leader around the world, following in the footsteps of McDonald's (NYSE:MCD) and Starbucks (NASDAQ:SBUX). Dunkin' Is a Natural Social-Distancing WinnerThe Canton, Massachusetts-based company's other main winning trait is a business model that relies heavily on "takeaway" purchases and mobile deliveries.Takeout orders represented 90% of the company's business even before the quarantines started. Unlike Starbucks, few people go to Dunkin' to hang out and enjoy the ambiance. Dunkin' has never marketed itself as a public space to linger with friends or get work done. So it loses little from switching to all takeout and delivery for the time being.On top of that, Dunkin' is actively finding new clients through delivery services. The company has added delivery alliances with GrubHub (NYSE:GRUB), UberEats (NYSE:UBER), DoorDash and Postmates. Put it all together, and the company has doubled its pre-coronavirus delivery capacity. The Verdict on DNKN StockDunkin' has a fantastic brand. And, unlike a McDonald's or Starbucks, it's not fully saturated yet. There are plenty of markets, both in the United States and overseas, for Dunkin' to tap in to.On top of that, Dunkin' has a unique advantage right now: Its brand is based around its products, but not its in-store experience. People like Dunkin's doughnuts and drinks (and the ice cream at Baskin-Robbins), not the look of its restaurants. Thus, Dunkin' can seamlessly switch to delivery and takeout only for some time, while many competitors lose much of their appeal without dine-in eating.So, I expect Dunkin' Brands to snap back quickly and thrive in the post-coronavirus world. Dunkin' was set to earn more than $3 per share before the virus hit. And the company has historically grown earnings at more than 10% a year thanks to its new-store growth and large share buyback.For a fast-growing franchisee restaurant chain, the market normally would pay at least 25x earnings, which would support a stock price up toward $80. As investors figure out that sales should be steady, and perhaps even increase as the new delivery options kick in, expect shares to continue moving higher.Eric Fry is an award-winning stock picker with numerous "10-bagger" calls -- in good markets AND bad. How? By finding potent global megatrends … before they take off. And when it comes to bear markets, you'll want to have his "blueprint" in hand before stocks go south. Eric does not own the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Dunkin' Brands Has the Perfect Recipe to Overcome Coronavirus Challenges appeared first on InvestorPlace.

  • Go Long on Uber Stock Despite Short-Term Headwinds
    InvestorPlace

    Go Long on Uber Stock Despite Short-Term Headwinds

    Uber (NYSE:UBER) stock rose approximately 11% ahead of its earnings report on May 7. The rally had less to do with the ridesharing company and more to do with competitor LYFT (NASDAQ:LYFT) The company reported first-quarter revenue growth and unveiled its plans to survive the pandemic.Source: vaalaa / Shutterstock.com In reporting its own set of earnings, Uber revealed it lost $2.9 billion in the first quarter, translating to a GAAP loss of $1.70 per share for the period. Analysts were expecting a loss of $1.53 billion in the first quarter or 90 cents per share.On the bright side, CEO Dara Khosrowshahi noted the core ride-hailing business was showing signs of recovery with week-over-week gains in each of the last four weeks. Revenues climbed to $3.54 billion, a 14% increase over the year-ago period, but rides were down 3%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsDespite the disappointing results, Khosrowshahi said he was confident that the company has ample liquidity to survive the effects of the novel coronavirus pandemic. Uber Eats is the company's strong suit in these times; it grew 54% YoY, thanks to the surge in demand for food deliveries. Also, the company is looking to curtail its fixed costs and investments to narrow out its losses as much as possible. * 7 Excellent Penny Stocks Ready to Roar I was quite satisfied that these are all positive developments. Uber has done what it can to make the best of a bad situation. It has been nimble-footed in carrying out some essential spring cleaning, and as the effects of the virus start to dissipate, the markets will reward these efforts. Uber Eats is Growing at a Fantastic PaceAt its 2009 start, Uber's primary purpose was to help people to get from point A to B, essentially creating a new platform for ridesharing. Since then; it has become a multi-billion dollar company, diversifying into several different service areas apart from its core business. One such segment is the food delivery service Uber Eats. It started as a pilot project in 2014 called UberFresh, delivering lunch and dinner from specific restaurants in California. Since then, it has expanded its restaurant selection and operates in several markets around the world. The Uber Eats division has had double-digit revenue growth for the past five years, with a 54% growth in Uber's latest quarter results.However, the segment has had trouble gaining traction in certain regions, particularly India and China. Rather than waste time, energy and money, the company has discontinued its operations in China and sold the Indian Uber Eats operations to Zomato earlier this year.Interestingly, though, Uber announced it is making a play to acquire Grubhub (NYSE:GRUB), which currently has a 30% market share in the food delivery business. With the acquisition, Uber Eats would have 50% of the market share in the food delivery business, 15% bigger than its main competitor, Doordash. Liquidity and Cost CuttingUber and other ride-hailing services have been hit hard by the health crisis, which is why they are looking to preserve the strength of their balance sheets. Currently, Uber's cash equivalents and short-term investments are $9.0 billion, which the company feels is enough to cover its cash burn until there is a significant rebound in demand for its ride-hailing service.Belt-tightening initiatives are already underway, as the company laid off 14% of its workforce in the past couple of months. Uber is also closing around 40% of its Greenlight locations. CEO Khosrowshahi has also agreed to waive his base salary for the rest of 2020. In addition to this, the company has exited eight global markets and has pulled back $150 million in advertising and incentives.It's worth noting that Uber recently landed a contract worth $810 million to provide ride-hailing services to the U.S. federal government, which will run through 2025. All of these initiatives should help shore up the company's balance sheet, leading me to believe the company has sufficient liquidity to weather the storm. About That ValuationMost analysts believe that Uber is currently underpriced and that investors could grab the stock at a bargain. According to Refinitiv, the price target for Uber stock lies somewhere between $55 and $15, with the average at $39.40. Surprisingly, Refinitiv has boosted its Earnings Rating for Uber over the past week from 5 to 7. The average Earnings Rating for its Online Services industry is 6.4, while the S&P 500 index average is 6.5. Additionally, Uber stock trading at a 37% bargain to its 52-week high price at $47.08. Therefore, there is a 21% upside to the stock to its current price of $32.54 per share.Uber's Q1 results are underwhelming. Analysts expect a more challenging second quarter due to negative headwinds and the structure of the company's offerings. However, the company's swift actions in preserving its liquidity and focusing additional resources on its Uber Eats division are likely to pay dividends in the future. Bottomline on Uber StockUber's core ride-hailing business is showing signs of recovery, and with the easing of restrictions across the world, things will only get better. The balance sheet looks strong enough to survive the crisis until the end of the year, but it needs to cut costs wherever it can to give it more breathing space. Furthermore, the acquisition of Grubhub will give it a decisive edge over its competitors in the food delivery business.Considering all this, it should come as no surprise that I am long on Uber stock.As of this writing, Muslim Farooque did not hold a position in any of the securities mentioned above. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Go Long on Uber Stock Despite Short-Term Headwinds appeared first on InvestorPlace.

  • Big tech firms look to acquire smaller tech companies amid downturn
    Yahoo Finance Video

    Big tech firms look to acquire smaller tech companies amid downturn

    Big tech companies will acquire smaller tech companies despite coronavirus pandemic. Yahoo Finance's On The Move panel discusses.