GRUB - Grubhub Inc.

NYSE - NYSE Delayed Price. Currency in USD
61.85
+0.22 (+0.36%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close61.63
Open62.00
Bid61.85 x 1100
Ask0.00 x 1000
Day's Range61.43 - 63.07
52 Week Range57.37 - 149.35
Volume873,788
Avg. Volume2,547,750
Market Cap5.65B
Beta (3Y Monthly)0.70
PE Ratio (TTM)224.09
EPS (TTM)0.28
Earnings DateOct 23, 2019 - Oct 28, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est91.44
Trade prices are not sourced from all markets
  • Whole30, Lettuce Entertain You Enterprises & Grubhub Team Up for Healthier Meal Options with Whole30 Delivered
    PR Newswire

    Whole30, Lettuce Entertain You Enterprises & Grubhub Team Up for Healthier Meal Options with Whole30 Delivered

    CHICAGO and SALT LAKE CITY, Aug. 21, 2019 /PRNewswire/ -- Lettuce Entertain You Enterprises (LEYE), a multi-concept restaurant group, and Grubhub (GRUB), the nation's leading online and mobile food-ordering and delivery marketplace, are partnering to offer Whole30 Delivered, Whole30's first-ever branded restaurant. This delivery-only restaurant concept from Whole30, the 30-day dietary reset chosen by millions for stunning, life-changing results, is operated by LEYE and provides diners across Chicago access to prepared, Whole30-compliant meals for delivery exclusively on Grubhub, making it easier to maintain a healthy lifestyle. The culinary team at LEYE worked directly with Whole30 to create a menu for the virtual restaurant that keeps with the lifestyle brand's commitment to real, whole, unprocessed foods.

  • Bloomberg

    JPMorgan Is Shutting Down Its Chase Pay App

    (Bloomberg) -- JPMorgan Chase & Co. is planning to shut down its Chase Pay app in the bank’s third reversal on digital offerings in three months.The company started informing customers Wednesday that they’ll no longer be able to use the product to pay with their smartphones when shopping in stores starting early next year, according to an email seen by Bloomberg. They’ll still be able to use Chase Pay on the websites and apps of retailers that accept it.It’s an about-face on a product introduced four years ago to compete with rivals such as Apple Inc. that are working to transform how consumers pay for products and services. New technologies have spurred a revolution in mobile payments, with Chinese companies leading the way in helping consumers bypass credit and debit cards. The U.S. market has been slower to develop.“When we started this, it was four years ago -- the payment space has changed a lot over the period of time and customer behavior has changed,” Eric Connolly, head of Chase Pay, said in an interview. “A lot of merchants have shifted to ‘buy online, pick up in store’ and have invested in their online presence and their apps.”The bank says it wants to capture a larger share of a market long dominated by PayPal Holdings Inc., whose digital wallet was accepted by about 70% of online merchants at the end of the second quarter. Fewer than 1% accepted JPMorgan’s, according to a study by industry publication PYMNTS.com.Pablo Rodriguez, a JPMorgan spokesman, declined to say how many online retailers currently accept Chase Pay, adding that the bank expects that number to increase. In a statement on Wednesday, the company said that GrubHub Inc. will soon accept it.Shares of the bank, which have climbed 11% this year, advanced 0.8% to $108.16 at 9:33 a.m. in New York.Finn, On DeckJPMorgan has shown a greater willingness than rivals to cut bait on unsuccessful projects as it spends more than $11 billion on technology initiatives designed in part to position the bank to stay ahead of changes in how consumers spend money.Some of the bank’s other digital experiments have failed to take hold. In June, it shut down digital bank Finn a year after rolling out the brand nationally. A month later, it cut ties with fintech company On Deck, whose technology platform it had used to originate online small-business loans.JPMorgan has been testing other technologies to lure consumers to spend more on its cards. It has been adding tap-to-pay technology to its cards and joined with Cardlytics Inc. to offer coupons for select merchants inside its mobile app. In February, it unveiled a prototype cryptocurrency, dubbed JPM Coin, that it plans to use to speed up payments between companies.(Updates with JPMorgan’s digital experiments starting in seventh paragraph.)To contact the reporters on this story: Michelle F. Davis in New York at mdavis194@bloomberg.net;Jenny Surane in New York at jsurane4@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Steve Dickson, Daniel TaubFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 3 Surprising Stocks Hitting New Lows Last Week
    Motley Fool

    3 Surprising Stocks Hitting New Lows Last Week

    Rite Aid, Dropbox, and Grubhub hit fresh 52-week lows last week. Ouch!

  • Motley Fool

    Yum! Brands Wants Pizza Hut to Be More Like Domino's

    It is converting some of its sit-down restaurants into carryout-delivery stores.

  • How To Invest In Growth Stocks: Use The Relative Strength Line Correctly
    Investor's Business Daily

    How To Invest In Growth Stocks: Use The Relative Strength Line Correctly

    When you invest in growth stocks, first learn to use IBD's relative strength line to confirm a stock's real power as it breaks out of any base.

  • These 2 Stocks Are the Real Winners in the Food Delivery Wars
    Motley Fool

    These 2 Stocks Are the Real Winners in the Food Delivery Wars

    If you're looking to profit from the food-delivery boom, there's a better way to play it than the delivery stocks themselves.

  • GlobeNewswire

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of GrubHub Inc. – GRUB

    The investigation concerns whether GrubHub and certain of its officers and/or directors have breached fiduciary duties owed to the company and its investors. If you are a shareholder of GrubHub and are interested in obtaining additional information regarding this investigation, you are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

  • Why Jimmy John's 'doesn't trust' third-party delivery apps like Grubhub, Uber Eats
    Yahoo Finance

    Why Jimmy John's 'doesn't trust' third-party delivery apps like Grubhub, Uber Eats

    Jimmy John's is doubling down on its "freaky fast" delivery promise — and is refusing to work with food delivery giants like GrubHub, Uber Eats, and Postmates.

  • Food Delivery Apps Are In A Race For Orders, Putting Uber And Grubhub Stock On Defensive
    Investor's Business Daily

    Food Delivery Apps Are In A Race For Orders, Putting Uber And Grubhub Stock On Defensive

    Capital is pouring into food delivery apps, putting leaders like Grubhub and Uber Eats in a race to entice customers. Grubhub stock and Uber stock have a lot on the line.

  • 4 Top Stock Trades for Friday: AMZN, GE, BABA, GRUB
    InvestorPlace

    4 Top Stock Trades for Friday: AMZN, GE, BABA, GRUB

    U.S. stocks started off higher on the day, but failed to hold most of the gains. It leaves market-wide volatility elevated as investors continue trying to digest a bevy of news. Let's look at a few top stock trades as we approach the weekend. Top Stock Trades for Tomorrow No. 1: AmazonLike we covered with Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) earlier this week, Amazon (NASDAQ:AMZN) is perched in a precarious spot.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAMZN currently has uptrend support (blue line) at $1,770, just below current levels, the 200-day moving average at $1,752 and the 38.2% retracement at $1,766. It's also at former fourth-quarter resistance.Buyers who believe Amazon has upside can buy near current levels, stepping out on a move below the 200-day moving average. If it holds, upside targets include the 20-day moving average at $1,846 and the 50-day moving average at $1,899.Should support fail, look to see if AMZN finds support at the 50% retracement at $1,679 and the 61.8% retracement at $1,591. Top Stock Trades for Tomorrow No. 2: General Electric (GE)General Electric (NYSE:GE) are getting crushed on Thursday, falling more than 11% to its lowest levels since early January. * 10 Stocks Under $5 to Buy for Fall We have been all over GE stock this year, looking for a breakout over $10.50 to $10.70. Vital support at $9 gave way, as did the 61.8% retracement and the 200-day moving average near $9.25.Bulls need to stand aside until GE finds its footing now. Will that be at $7.50? How about $6.50? In between or somewhere even lower?There's too many questions to know the answer. What we do know is that $9 is likely to be resistance on the way back up. Top Stock Trades for Tomorrow No. 3: Alibaba (BABA)Alibaba (NYSE:BABA) is forming a long-term wedge, with a series of higher lows and lower highs (blue lines). $170 has proven notable, and it's also the 38.2% retracement.Shares opened near $170 and have been retreating ever since, even after a solid quarterly result.BABA stock is sitting near $165, resting on the 200-day moving average. If it holds, look for a rebound up to downtrend resistance (blue line). Over there, it could trigger a move to $180-plus.If it gives way, look for a drop down to uptrend support and the 61.8% retracement near $155. Falling below there opens up the door to $150 and, if that fails, BABA could be in trouble. Top Stock Trades for Tomorrow No. 4: GrubHub (GRUB)Man, I do not like shares of GrubHub (NASDAQ:GRUB), and the decline from the July highs highlights why.Had support near $60 held, GRUB might have been a worthwhile long with decent risk/reward. Downtrend support (blue line) gave way on Wednesday, paving the way for Thursday's losses.A move back over $60 could kickstart a rally back to $65 and possibly higher. The concern for bulls now? $60 becomes resistance, increasing the downside potential significantly. Watch $60. It may be key in the coming sessions.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AMZN and GOOGL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks Under $5 to Buy for Fall * 5 Stocks to Avoid Amid the Ongoing Trade War * 7 5G Stocks to Buy Now for the Future The post 4 Top Stock Trades for Friday: AMZN, GE, BABA, GRUB appeared first on InvestorPlace.

  • Zacks Industry Outlook Highlights: Asure Software, GrubHub, GoDaddy and Vipshop
    Zacks

    Zacks Industry Outlook Highlights: Asure Software, GrubHub, GoDaddy and Vipshop

    Zacks Industry Outlook Highlights: Asure Software, GrubHub, GoDaddy and Vipshop

  • These five U.S. stocks are most vulnerable to an activist attack
    MarketWatch

    These five U.S. stocks are most vulnerable to an activist attack

    Food delivery firm Grubhub, industrial heavyweight 3M and consumer products giant Colgate Palmolive are all prime targets for activist investors.

  • Outlook for Internet Delivery Services Industry Looks Dull
    Zacks

    Outlook for Internet Delivery Services Industry Looks Dull

    Outlook for Internet Delivery Services Industry Looks Dull

  • An Update on Yelp
    GuruFocus.com

    An Update on Yelp

    Some thoughts on the business in the midst of evolution Continue reading...

  • The Biggest Long-Term Question for Uber Stock
    InvestorPlace

    The Biggest Long-Term Question for Uber Stock

    It's easy to make the bear case for Uber Technologies Inc (NYSE:UBER). The current UBER stock price -- even after a 14% decline over the past two sessions -- still suggests a market capitalization near $70 billion. Yet Uber isn't close to profitable.Source: Shutterstock In fact, Uber lost a staggering $5 billion in its second quarter, according to last week's earnings report. To be fair, much of that loss was due to stock-based compensation following the company's IPO. But even on an Adjusted EBITDA basis, Uber lost some $656 million in the quarter. In that context, $70 billion seems ridiculous.That said, this is a company with a path to growth. At least some of the current losses are coming from investments in areas like UberEats and Uber Freight. Those investments eventually will generate returns, or so the company hopes. And with a real opportunity in self-driving vehicles, in particular, growth can continue for decades to come -- with profitability likely to follow at some point, and possibly some point soon.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Safe Dividend Stocks for Investors to Buy Right Now But the long-term question remains: how much profitability? While the UBER stock price has fallen off a single earnings report, that's the question that really matters. And there's a very real probability that the answer is much worse than Uber shares suggest, even as they trade not far from post-IPO lows. The CEO's Case for UBEROn Friday, one day after Uber earnings, CEO Dara Khosrowshahi gave a lengthy interview to CNBC. The appearance certainly seemed like damage control from the notoriously PR-focused company, as the UBER stock price fell despite some good underlying news in the quarter.There's one passage from the roughly 20-minute interview worth calling out in the context of understanding the fundamentals behind the UBER stock price. CNBC's David Faber asked Khosrowshahi if he agreed that it was an "uphill battle" to get the company to cash-flow positive. Here's how the CEO responded:This is a 20% revenue margin business at 50, 60 plus percent scale. Every single year we add $15 billion of gross bookings at 20% margin - revenue margin. So that's essentially $3 billion of revenue that we're bringing in house. And you know, put that against a $656 million quarterly loss. And you see that with a couple of years of $3 billion-plus revenue coming in, you're going to be able to cover those losses. I am very, very confident of this. Can Uber Technologies Inc Hold Pricing?From a broad standpoint, that's the right answer. Uber will be able to grow to the point where Adjusted EBITDA is positive.Growth stocks across the market have soared this decade on the backs of similar models. And companies -- including both Uber and rival Lyft (NASDAQ:LYFT) -- have taken advantage of that fact to go public earlier than in the past.It's worth going through the exact metrics Khosrowshahi cites because they can also highlight the bear case for UBER stock right now. First, he notes that the business is at 20% "revenue margin." What this means is that Uber has a "take rate" around 20% of bookings, or the price that riders pay. (According to figures from the 10-Q, take rate actually was about 19% in Q2, excluding a one-time driver benefit in conjunction with the IPO.)That metric alone is a worry for Uber. Per its own filings, Uber's take rate has steadily declined in recent years. The key factor has been competition from Lyft and China's Didi Chuxing, who has expanded into Europe and Australia.And one real concern is that it will keep declining. After all, competition can create a "race to the bottom." More importantly, drivers may not be able to survive paying Uber 20% of the fare, while also maintaining and fueling their vehicles and being properly compensated for their time.The argument from Uber bears is that the model doesn't work. The company is funding its business through incentives to consumers and incentives to drivers. That combination can't last forever -- unless Uber (and its rivals) want to keep burning cash. While those promotional incentives have stabilized across the market, per post-Q2 commentary, that may not hold. The risk here is that there's always going to be someone out there willing to undercut the incumbent players. Does Operating Leverage Lead UBER Stock Price Higher?The CEO then notes that the company is running a quarterly loss (which, to be clear, is Adjusted EBITDA) of $656 million, or about $2.6 billion a year, while growing revenue at a $3 billion clip. In theory, that should narrow losses rather quickly.After all, this is a platform company, or at least believes that it is. And the reason platform stocks (think Etsy (NASDAQ:ETSY) or Match.com (NASDAQ:MTCH)) generally trade at high valuations is that incremental margins are huge. Once the platform is built, each extra dollar in revenue comes with minimal costs. So raising pricing, as Etsy did, or simply growing usage both lead profitability to move almost exponentially higher in a very short amount of time.$3 billion in revenue probably can't cover a $2.6 billion hole. $6 billion probably can -- at least if platform economics hold. But here, too, there are questions. New riders on the Uber platform, for the most part, need a corresponding amount of new drivers. (Existing drivers can increase their utilization, but only to a point.) And acquiring new drivers costs money. Either Uber has to market to them, incentivize them, or pay them.For most digital stocks, incremental margins are huge. For Uber, it's not clear that they are. The company's own financials don't show it: Adjusted EBITDA loss more than doubled year-over-year in Q2.To be fair, the company has kept up its spending as it has entered new markets, and looked to grow UberEats, in particular. The longer-term risk, however, is that Uber always will have to keep up its spending. Other BetsThere are real concerns as to whether the core ride-sharing business can ever really be profitable. After earnings, bulls and analysts pointed to a notable improvement in contribution margin from ride-sharing. The figure, according to the earnings slides, jumped to 8% from -4% in the first quarter. Some of the loss, then, is coming from spending on UberEats and autonomous driving, in particular.Again, this is a company worth $70 billion. GrubHub (NYSE:GRUB) is worth $6 billion. As Ian Bezek pointed out last week, Square (NYSE:SQ) sold Caviar to DoorDash for just $410 million. UberEats is going to have to be absolutely dominant to support even a fraction of the current UBER stock price.Uber Freight is intriguing, but faces stiff competition in an industry that has huge numbers of incumbent brokers (many of whom have similar technology). And the autonomous efforts don't necessarily solve Uber's problems: driverless cars certainly would have lower costs, but they'd also have commodity pricing, as MarketWatch contributor Rich Alton pointed out this week.The core distribution business has to reach profitability -- and likely material profitability -- for the UBER stock price to do anything but keep falling. That's not guaranteed. Khosrowshahi's math works on paper. The key question for Uber is whether it will work in practice.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Real Estate Investments to Ride Out the Current Storm * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * 7 Safe Dividend Stocks for Investors to Buy Right Now The post The Biggest Long-Term Question for Uber Stock appeared first on InvestorPlace.

  • Coffee Stock Wars: Starbucks, McDonald's, Dunkin' & Upstarts
    Zacks

    Coffee Stock Wars: Starbucks, McDonald's, Dunkin' & Upstarts

    Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains and guest Madeleine Johnson dive into the world of coffee to see how the major publicly traded firms from Starbucks (SBUX) to Dunkin' (DNKN) have performed...

  • Is Uber Stock A Buy Right Now? Here's What Earnings, Charts Show
    Investor's Business Daily

    Is Uber Stock A Buy Right Now? Here's What Earnings, Charts Show

    Uber Technologies is a global company that is transforming the ride-sharing and meal delivery markets. After a much-hyped debut on May 10, Uber stock is one of the hottest IPO stocks today, but is Uber a buy right now in the current stock market? Uber stock sold off in the wake of its disappointing earnings results late Thursday.

  • TheStreet.com

    Can UberEats Eat GrubHub and DoorDash's Lunch?

    Uber is promising growth with UberEats but its up to consumers to decide who can really deliver the goods.

  • ACCESSWIRE

    SHAREHOLDER REMINDER: The Law Offices of Timothy L. Miles Is Investigating Certain Officers and Directors of GrubHub, Inc. (GRUB) on Behalf of Shareholders and Encourages GrubHub Shareholders to Contact the Firm

    HENDERSONVILLE, TN / ACCESSWIRE / August 9, 2019 / The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 18 years, reminds investors the firm is investigating ...

  • GlobeNewswire

    Bragar Eagel & Squire is Investigating Certain Officers and Directors of Grubhub, Molson Coors, and PriceSmart and Encourages Investors to Contact the Firm

    NEW YORK, Aug. 08, 2019 -- Bragar Eagel & Squire is investigating certain officers and directors of Grubhub, Inc. (NYSE: GRUB), Molson Coors Brewing Company (NYSE: TAP),.

  • Ride-hailing shares, PPI data — What to know in markets Friday
    Yahoo Finance

    Ride-hailing shares, PPI data — What to know in markets Friday

    Uber and PPI data will be closely watched by investors on Friday.

  • GlobeNewswire

    Grubhub Inc. Shareholder Alert: Kehoe Law Firm, P.C. Investigating Claims on Behalf of Grubhub Shareholders - GRUB

    Kehoe Law Firm, P.C. is investigating potential claims on behalf of Grubhub Inc. shareholders (“Grubhub” or the “Company”) (NYSE: GRUB) to determine whether Grubhub and certain officers or directors breached fiduciary duties owed to Grubhub and the Company’s investors.

  • 2 Top Food Stocks to Buy Now
    Motley Fool

    2 Top Food Stocks to Buy Now

    These aren't the names you'd expect.

  • Business Wire

    INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against GrubHub Inc.

    The law firm of Kirby McInerney LLP is investigating potential claims against GrubHub Inc. (“GrubHub” or the “Company”) (NYSE: GRUB). This investigation concerns whether GrubHub and certain of its officers and/or directors have breached fiduciary duties owed to the company and its investors. On July 2, 2019, Mark Gjonaj, the head of the New York City Council’s Committee on Small Business wrote a letter to New York Attorney General Letitia James asking the attorney general to open an antitrust investigation into GrubHub.