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

StockNews.com assumed coverage on shares of trivago (NASDAQ:TRVG) in a research note published on Tuesday. The firm issued a buy rating on the technology company’s stock.

Separately, Susquehanna lowered their price objective on shares of trivago from $2.50 to $2.25 and set a neutral rating for the company in a research report on Thursday, August 1st. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of Hold and a consensus price target of $2.75.

trivago Trading Down 2.5 %

Shares of TRVG opened at $1.76 on Tuesday. The stock has a market cap of $122.88 million, a P/E ratio of -0.62 and a beta of 1.62. trivago has a 1 year low of $1.73 and a 1 year high of $5.90. The stock’s 50-day moving average price is $2.02 and its two-hundred day moving average price is $2.27.

trivago (NASDAQ:TRVG) last released its quarterly earnings data on Tuesday, July 30th. The technology company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). trivago had a negative net margin of 41.42% and a positive return on equity of 1.30%. The business had revenue of $127.62 million for the quarter, compared to analyst estimates of $127.25 million. During the same quarter last year, the firm earned $0.10 EPS. As a group, equities analysts forecast that trivago will post -0.1 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TRVG. Quadrature Capital Ltd bought a new stake in trivago in the 4th quarter valued at $67,000. BNP Paribas Financial Markets bought a new stake in shares of trivago in the first quarter valued at about $173,000. Acadian Asset Management LLC boosted its position in shares of trivago by 10.3% during the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock worth $1,966,000 after buying an additional 67,053 shares during the period. Finally, Tidal Investments LLC bought a new position in shares of trivago during the first quarter worth about $393,000. 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.