offline
Grubhub is one stock that could more than double in 2019, Stephens says
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In the restaurant sector, Grubhub Inc. GRUB, -1.64% is top pick with a stock price target that is 102% above its year-end closing price. The stock was first added to Stephens’ list after a selloff following the third quarter.
“We continue to support the company’s decision for additional investment in acquiring diners at accelerating ROIs (return on investment), which we believe will likely lead to further upside in FY19 revenue growth and greater earnings power over time,” analyst Will Slabaugh wrote. “ We also felt 3Q18 demonstrated that 1) organic demand continues to accelerate, demonstrating the health of the end-market, and 2) the additional ad-spend in 3Q (leading to the EBITDA miss) translated into clear top-line benefits, which we expect to occur on a larger scale in 4Q18/2019.”
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https://www.marketwatch.com/story/enova-...2019-01-02
![[Bild: GRUBc1dl1430.png]](https://finviz.com/publish/010219/GRUBc1dl1430.png)
...
In the restaurant sector, Grubhub Inc. GRUB, -1.64% is top pick with a stock price target that is 102% above its year-end closing price. The stock was first added to Stephens’ list after a selloff following the third quarter.
“We continue to support the company’s decision for additional investment in acquiring diners at accelerating ROIs (return on investment), which we believe will likely lead to further upside in FY19 revenue growth and greater earnings power over time,” analyst Will Slabaugh wrote. “ We also felt 3Q18 demonstrated that 1) organic demand continues to accelerate, demonstrating the health of the end-market, and 2) the additional ad-spend in 3Q (leading to the EBITDA miss) translated into clear top-line benefits, which we expect to occur on a larger scale in 4Q18/2019.”
...
https://www.marketwatch.com/story/enova-...2019-01-02
