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

Equities research analysts at StockNews.com started coverage on shares of trivago (NASDAQ:TRVG) in a research note issued on Monday. The firm set a “buy” rating on the technology company’s stock.

Separately, Susquehanna decreased their price target 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 research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $2.75.

trivago Price Performance

TRVG stock opened at $1.94 on Monday. The firm has a 50-day moving average price of $2.05 and a 200-day moving average price of $2.31. trivago has a 12 month low of $1.80 and a 12 month high of $5.90.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets bought a new position in trivago during the first quarter worth $173,000. Quadrature Capital Ltd bought a new stake in shares of trivago during the 4th quarter valued at about $67,000. Acadian Asset Management LLC increased its holdings in trivago by 10.3% in the first 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 in the last quarter. Inflection Point Investments LLP acquired a new position in trivago in the fourth quarter valued at approximately $572,000. Finally, Tidal Investments LLC bought a new position in shares of trivago during the 1st quarter worth approximately $393,000. Institutional investors and hedge funds 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.