trivago (NASDAQ:TRVG) Now Covered by StockNews.com

StockNews.com began coverage on shares of trivago (NASDAQ:TRVG) in a research report sent to investors on Saturday. The firm issued a buy rating on the technology company’s stock.

Separately, Susquehanna cut their price target on trivago from $2.50 to $2.25 and set a “neutral” rating for the company in a report on Thursday, August 1st. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $2.75.

trivago Price Performance

Shares of TRVG stock opened at $1.70 on Friday. The business’s fifty day moving average price is $1.85 and its 200 day moving average price is $2.11. The firm has a market capitalization of $118.69 million, a PE ratio of -0.58 and a beta of 1.62. trivago has a 1-year low of $1.61 and a 1-year high of $5.90.

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

Institutional Investors Weigh In On trivago

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Tidal Investments LLC purchased a new stake in trivago in the 1st quarter valued at about $393,000. Acadian Asset Management LLC boosted its holdings in shares of trivago by 10.3% in the 1st quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock valued at $1,966,000 after purchasing an additional 67,053 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of trivago during the 1st quarter valued at $173,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of trivago during the 4th quarter worth $67,000. Hedge funds and other institutional investors own 4.50% of the company’s stock.

About trivago

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.