GRUB

GrubHub Inc

TMT, Consumer


Presented:07/08/2019
Price:$75.80
Cap:$6.91B
Current Price:$2.64
Cap:$2.55B

Presented

Date07/08/2019
Price$75.80
Market Cap$6.91B
Ent Value$6.68B
P/E Ratio128.43x
Book Value$16.05
Div Yield0%
Shares O/S91.18M
Ave Daily Vol2,615,442
Short Int24.72%

Current

Price$2.64
Market Cap$2.55B
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.

Publicly traded companies mentioned herein: Amazon.com Inc (AMZN), Chipotle Mexican Grill Inc (CMG), GrubHub Inc (GRUB), Uber Technologies (UBER)

Highlights

The presenter is short shares of GrubHub (GRUB) and believes that the company’s value proposition is being challenged by competitors. She doesn’t think that GRUB will be able to maintain its current take rate and margins. The stock may decline to $50s, which represents ~35% downside risk from the current price of $77.

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Idea Discussion

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