trivago (NASDAQ:TRVG) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of trivago (NASDAQ:TRVG) in a report released on Sunday morning. The brokerage issued a buy rating on the technology company’s stock.

Separately, Susquehanna reduced their price target on shares of trivago from $2.50 to $2.25 and set a neutral rating on the stock in a research report on Thursday, August 1st. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, trivago presently has an average rating of Hold and an average target price of $3.36.

trivago Trading Down 2.0 %

Shares of TRVG stock opened at $1.98 on Friday. trivago has a 12 month low of $1.80 and a 12 month high of $6.21. The firm has a fifty day moving average price of $2.06 and a 200 day moving average price of $2.32. The company has a market cap of $137.96 million, a P/E ratio of -0.70 and a beta of 1.62.

trivago (NASDAQ:TRVG) last issued its earnings results on Tuesday, July 30th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). trivago had a positive return on equity of 1.30% and a negative net margin of 41.42%. The business had revenue of $127.62 million during the quarter, compared to the consensus estimate of $127.25 million. During the same period in the prior year, the business posted $0.10 EPS. On average, equities analysts forecast that trivago will post -0.1 EPS for the current year.

Institutional Trading of trivago

A number of hedge funds have recently made changes to their positions in TRVG. Quadrature Capital Ltd bought a new position in trivago in the fourth quarter worth about $67,000. BNP Paribas Financial Markets purchased a new stake in trivago during the first quarter valued at about $173,000. Acadian Asset Management LLC boosted its stake in trivago by 10.3% in the 1st quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock worth $1,966,000 after purchasing an additional 67,053 shares during the period. Tidal Investments LLC purchased a new stake in trivago in the 1st quarter worth about $393,000. Finally, Inflection Point Investments LLP acquired a new stake in shares of trivago during the fourth quarter worth approximately $572,000. Institutional investors and hedge funds own 4.50% of the company’s stock.

trivago Company Profile

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.