Grubhub HAS RECEIVED SOME SEVERE CRITICISM FOR THE PAST YEAR AND THE STOCK PRICE AND PERFORMANCE REFLECTS THAT. IT DOES SELL AT AVERY HIGH P/E BUT AS A GROWTH STOCK THAT IS RUN OF THE MILL IN THE CURRENT MARKET, LATELY THE STOCK HAS BEGUN TO PERFORM MUCH BETTER AND HAS FORMED WHAT LOOKS LIKE A STRONG BASE, IN THE PROCESS IT HAS REGAINED SOME KEY TECHNICAL LEVELS AND ATTRACTED THE ATTENTION OF ANALYSTS ONCE AGAIN, WHILE ACTUALLY RECEIVING UPGRADES.
THERE DOES LOOK LIKE A NICE OPPORTUNITY TO LONG THE STOCK, BUT MAYBE WISE TO WAIT FOR SOME MORE CONFIRMATION IN THE VOLUME PROFILE IN PARTICULAR, A FEW VERY LARGE VOLUME DAYS MAY BE THE SIGN ITS TIME TO FOLLOW THE BIG MONEY.
AVERAGE ANALYSTS PRICE TARGET $95
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
SHORT INTEREST 19%
COMPANY PROFILE
GrubHub, Inc. operates as an online and mobile food-ordering company, which connects diners with local takeout restaurants. Its online and mobile ordering platforms allow diners and corporate businesses to order directly from takeout restaurants in the United States and London. The firm's products and services include Grubhub, Seamless and Eat24 Mobile Apps and Mobile Website, Grubhub, Seamless, Eat24 and MenuPages Websites, Corporate Program, Delivery Services, Grubhub for Restaurants, Technology and Fulfillment Services, Point of Sale Integration, Restaurant Websites and Mobile Applications and Allmenus. GrubHub was founded on August 8, 2013 and is headquartered in Chicago, IL.
THERE DOES LOOK LIKE A NICE OPPORTUNITY TO LONG THE STOCK, BUT MAYBE WISE TO WAIT FOR SOME MORE CONFIRMATION IN THE VOLUME PROFILE IN PARTICULAR, A FEW VERY LARGE VOLUME DAYS MAY BE THE SIGN ITS TIME TO FOLLOW THE BIG MONEY.
AVERAGE ANALYSTS PRICE TARGET $95
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
SHORT INTEREST 19%
COMPANY PROFILE
GrubHub, Inc. operates as an online and mobile food-ordering company, which connects diners with local takeout restaurants. Its online and mobile ordering platforms allow diners and corporate businesses to order directly from takeout restaurants in the United States and London. The firm's products and services include Grubhub, Seamless and Eat24 Mobile Apps and Mobile Website, Grubhub, Seamless, Eat24 and MenuPages Websites, Corporate Program, Delivery Services, Grubhub for Restaurants, Technology and Fulfillment Services, Point of Sale Integration, Restaurant Websites and Mobile Applications and Allmenus. GrubHub was founded on August 8, 2013 and is headquartered in Chicago, IL.