Analyst’s Review under Consideration: GrubHub Inc (NYSE:GRUB)

The shares of GrubHub Inc (NYSE:GRUB) currently has mean rating of 2.00 while 7 analysts have recommended the shares as “BUY”, 6 recommended as “OUTPERFORM” and 7 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending June-16 is 114.18 million by 14 analysts. The means estimate of sales for the year ending Dec-16 is 473.27 million by 15 analysts.

The mean price target for the shares of GrubHub Inc (NYSE:GRUB) is at 30.24 while the highest price target suggested by the analysts is 35.00 and low price target is 22.00. The mean price target is calculated keeping in view the consensus of 17 brokerage firms.

The average estimate of EPS for the current fiscal quarter for GrubHub Inc (NYSE:GRUB) stands at 0.19 while the EPS for the current year is fixed at 0.79 by 16 analysts.

The next one year’s EPS estimate is set at 1.00 by 16 analysts while a year ago the analysts suggested the company’s EPS at 0.79. The analysts also projected the company’s long-term growth at 26.05% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, GrubHub Inc (NYSE:GRUB) reported earnings of $0.20. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 3, 2016 GrubHub Inc (NYSE:GRUB) the nation’s leading online and mobile food-ordering and delivery platform, today brings its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

“We’re always looking for ways to make it easier for our diners to find and order the type of food they want, when they want it, from their favorite local restaurants,” said Sudev Balakrishnan, SVP of Product for Grubhub. “We’re thrilled to bring the ease of use of Apple Pay to our diners. It offers another quick and convenient way for them to pay for their meals, whether they’re at home or on the go.”

Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by credit and debit cards. In stores, Apple Pay works with iPhone SE, iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus and AppleWatch.

Online shopping in apps accepting Apple Pay is as simple as the touch of a finger with Touch ID, so there’s no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information. When paying for goods and services within apps, Apple Pay is compatible with iPhone SE, iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, iPad Air 2, iPad mini 3, iPad mini 4 and iPad Pro.

Security and privacy is at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.