How to buy shares in Grubhub
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. ...
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. ...
- Search for Grubhub. Find the stock by name or ticker symbol: GRUB. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Grubhub reaches your desired price. ...
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. ...
- Check in on your investment. Congratulations, you own a part of Grubhub. ...
Is GrubHub Inc (Grub) stock a buy or sell?
The GrubHub Inc stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
Is Grubhub owned by Just Eat takeaway?
GrubHub, which has traded publicly on the NYSE since 2014, has been in talks with Just Eat Takeaway about a potential merger for some time. As a result of the merger, existing shareholders of GrubHub’s common stock are being issued new shares of ADSs for Just Eat Takeaway.
What does the Grubhub-jet deal mean for Grubhub shareholders?
The terms of the deal predicated that Grubhub shareholders would receive 0.671 shares of JET for each share of Grubhub stock. The two companies will now be connected until the deal is consummated.
What happened to Grubhub?
The $7.3 billion takeover by Just Eat Takeaway was announced in Jun. 2020. GrubHub had lost over half its value in the past three years, largely due to competition from Uber Eats and DoorDash.
Is Grubhub stock a buy?
It's already down 17% in 2021, and at below the sale per share price of $75 when the deal goes through, there are some gains to be made if you buy today. But forward-looking, with the market becoming more crowded and the company losing its top spot to DoorDash, I would hold off on purchasing Grubhub stock.
What happened to my Grubhub stock?
In addition, Grubhub requested that the New York Stock Exchange ("NYSE") delist Grubhub's common stock, and, as a result, trading of the Grubhub common stock, which traded under the ticker symbol "GRUB" on the NYSE, was suspended following the close of trading on 14 June 2021.
Why is Grubhub stock so low?
The immense competition from companies such as Uber Eats (UBER), Delivery Hero, Postmates, and DoorDash (DASH) caused Grubhub's market share to drop significantly within the last years, with gross margins declining accordingly.
What is Grubhub stock symbol?
GrubHub Inc (1GU)
Is Grubhub on NYSE?
(GRUB) on the NYSE.
Who is better Grubhub or DoorDash?
DoorDash is the biggest food delivery service in many major cities in America, holding 55% of the current market share. That's why Dashers are often more likely to get higher earnings than Grubhub drivers. Grubhub holds just 17% of the market share.
Is Grub a good investment?
Do Hedge Funds Think GRUB Is A Good Stock To Buy Now? At the end of December, a total of 38 of the hedge funds tracked by Insider Monkey were long this stock, a change of -22% from the third quarter of 2020. On the other hand, there were a total of 33 hedge funds with a bullish position in GRUB a year ago.
Who is Grubhub owned by?
Just Eat TakeawayGrubhubFormerlyGrubHub Seamless Inc. (2013–2014)Total equityUS$1.49 billion (2019)Number of employees2,773 (Jan. 22, 2020)ParentJust Eat TakeawaySubsidiariesBiteGrabber Eat24 LevelUp Seamless Tapingo OrderUp15 more rows
Is Grub delisted?
By company decision, Just Eat Takeaway.com (GRUB) will be delisted from US exchanges. The anticipated delisting date is March 14th, 2022. As such, you may not be able to sell Just Eat Takeaway.com after market close on March 11th, 2022.
Why did Grubhub get delisted?
It cited its low share price and the low percentage of its total shares held on Nasdaq (about 3.7%).
What is share price of Grubhub?
Grubhub, Inc. (GRUB)Prev Close3.78Open3.89Day Low/High3.88 / 4.0352 Wk Low/High3.47 / 19.84Volume218.42K
How much is Grubhub worth?
What started as a simple way to order food from Chicago restaurants has grown into an online food-delivery empire worth over $4 billion....Company Information.Overall Score3.9Market Value as of Oct. 9, 2017 ($M)$4,4308 more rows
What is a grubhub?
Grubhub Inc., together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 300,000 local restaurants with diners in various cities. It offers mobile applications and mobile Websites; and operates Websites through grubhub.com, seamless.com, and menupages.com. The company also provides corporate program that offers employees with various food and ordering options, including options for individual meals, group ordering, and catering, as well as proprietary tools that consolidate various food ordering into a single online account. In addition, it offers Grubhub for Restaurants, a responsive web application that can be accessed from computers and mobile devices, as well as Grubhub-provided tablets; GH+ subscription program to diners; delivery services to restaurants; point of sale (POS) integration, which allows restaurants to manage Grubhub orders and update their menus directly from their existing POS system; and Website and mobile application design and hosting services for restaurants, as well as technology and fulfillment services, including order transmission and customer relationship management tools. The company was formerly known as GrubHub Seamless Inc. and changed its name to Grubhub Inc. in February 2014. Grubhub Inc. was founded in 1999 and is headquartered in Chicago, Illinois.
How to calculate GRUBhub P/E ratio?
Grubhub's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 6.7787. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
How much does grubhub cost in 2020?
Shareholders will receive 0.671 shares of JET for each share of Grubhub, based on the price in June 2020 (when the announcement took place) of about $75.15.
Is Grubhub still a company?
Grubhub is still a fairly small company, with just over half a billion dollars in fourth-quarter sales. Though it's lost market share to newer rivals, there are still ways to grow. The ability to scale with JET's assistance will be important for Grubhub's future.
Are there any reasons to buy this food delivery stock ahead of its merger with Just Eat Takeaway next year?
Grubhub ( GRUB ) took investors on a roller-coaster ride after its IPO in April 2014. The food delivery company went public at $26 per share, and its stock had surged to nearly $150 by late 2018. However, intense competition, surging expenses, and the COVID-19 crisis caused Grubhub to drop back to the low $30s earlier this year.
Is Grubhub an arbitrage play?
Grubhub agreed to exchange each of its shares for 0.671 shares of Just Eat Takeaway. That offer implied a value of $75.15 per Grubhub share when the deal was announced on June 10.
Will the combined company be stronger than Grubhub?
Grubhub processed 180 million orders for 23 million customers last year. Just Eat Takeaway processed 413 million orders for 48 million customers.
Is Just Eat Takeaway a good long-term investment?
Just Eat Takeaway currently has an enterprise value of about $6.6 billion, which gives it a trailing EV/revenue ratio of 3.9. Grubhub, which also has an enterprise value of $6.6 billion, trades at 5.1 times last year's revenue.
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The Merger Math Basics for Grubhub Stock
There are three main things you need to know. First, how many shares in Just Eat Takeaway do you receive for every Grubhub share?
Calculating the Merger Arb Math
Here is how you calculate whether the investment is worthwhile. First, you multiply all the three inputs we found above by each other.
Estimating the Arbitrage Return for Grubhub Stock
Most investors will not actually be able to get these exact prices. The exchange rate will always be worse than what is quoted depending on the size of your arbitrage. The bid-ask spreads on the stock buy and simultaneous short sale will also be different.
What to do With Grubhub Stock
If you either own Grubhub stock now or are contemplating buying it, your upside is limited. The most you can make, assuming prices don’t change is between 3.5% and 5.25%.
Is Grubhub profitable?
Back in 2018, Grubhub was profitable. Last quarter, it lost $33.4 million. In the third quarter of last year, its market share was 30%, down from 70% in 2017. I believe that, given its much larger size, Just Eat will be able to spend much more money on marketing than Grubhub has been able to afford.
Is Just Eats a good stock?
Since Just Eats stock looks like a better short-term bet than Grubhub, I recommend that investors sell Grubhub and buy Just Eats. Given Just Eat’s ability to improve Grubhub’s marketing efforts, along with the positive long-term outlook of the food delivery sector, Just Eat has a good chance to outperform the market over the next year or two.
Does Larry Ramer own stocks?
As of this writing, Larry Ramer did not own any of the aforementioned stocks. Larry has conducted research and written articles on U.S. stocks for 13 years. He has been employed by The Fly and Israel’s largest business newspaper, Globes.
Signals & Forecast
There are few to no technical positive signals at the moment. The GrubHub Inc stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
Support, Risk & Stop-loss
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
Is GrubHub Inc stock A Buy?
GrubHub Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Insiders are negative selling more shares than they are buying in GrubHub Inc
In the last 100 trades there were 51.82 thousand shares bought and 252.17 thousand shares sold. The last trade was done 254 days ago by Hall Samuel Pike who sold 7.68 thousand shares. In general the insiders are selling more stocks than they buy. There can be a variety of reasons for this, but in general it can be considered as a negative signal.
About GrubHub Inc
GrubHub Inc., together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 40,000 local restaurants with diners in approximately 1,000 cities. It operates GrubHub and Seamless Websites through grubhub.com and seamless.com.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
Why did Grubhub lose its value?
GrubHub had lost over half its value in the past three years, largely due to competition from Uber Eats and DoorDash. At least 14 shareholder lawsuits have been brought against GrubHub since the merger announcement a year ago, claiming the company acted unlawfully in the course of the merger agreement.
Is GRUBhub publicly traded?
GrubHub, which has traded publicly on the NYSE since 2014, has been in talks with Just Eat Takeaway about a potential merger for some time. As a result of the merger, existing shareholders of GrubHub’s common stock are being issued new shares of ADSs for Just Eat Takeaway.
Serving The Country Under Lockdown
The Largest Food Delivery Service in The World
- Just Eat Takeaway (JET), which is based in Amsterdam, doesn't currently operate in the U.S., but it owns food delivery service companies all over Europe, Canada, Australia, South America, and the Middle East. The acquisition of Grubhub will give it a foothold in the U.S., and also make it the largest online food delivery service outside of China. Shareholders will receive 0.671 shares of J…
What's in Grubhub's Future?
- Grubhub is still a fairly small company, with just over half a billion dollars in fourth-quarter sales. Though it's lost market share to newer rivals, there are still ways to grow. The ability to scale with JET's assistance will be important for Grubhub's future. For example, DoorDash posted a profit in the second quarter as sales skyrocketed. It have since posted two quarters of losses as it invest…
Stock Gains and Potential
- Grubhub stock reached a high in Sept. 2018 after several years of growth, but it has since tumbled, losing as much as 81% over the following 12 months. Ouch. It's already down 17% in 2021, and at below the sale per share price of $75 when the deal goes through, there are some gains to be made if you buy today. But forward-looking, with the market b...