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

Research analysts at StockNews.com started coverage on shares of trivago (NASDAQ:TRVG) in a report issued on Tuesday. The brokerage set a “buy” rating on the technology company’s stock.

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

trivago Stock Performance

TRVG opened at $1.80 on Tuesday. The stock has a fifty day moving average price of $2.04 and a 200 day moving average price of $2.28. trivago has a 1 year low of $1.76 and a 1 year high of $5.90. The stock has a market cap of $125.68 million, a price-to-earnings ratio of -0.64 and a beta of 1.62.

trivago (NASDAQ:TRVG) last posted 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). trivago had a positive return on equity of 1.30% and a negative net margin of 41.42%. The company had revenue of $127.62 million during the quarter, compared to the consensus estimate of $127.25 million. During the same period last year, the business earned $0.10 EPS. As a group, sell-side analysts forecast that trivago will post -0.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On trivago

A number of large investors have recently added to or reduced their stakes in TRVG. BNP Paribas Financial Markets bought a new position in shares of trivago in the first quarter valued at approximately $173,000. Quadrature Capital Ltd bought a new stake in shares of trivago during the 4th quarter worth $67,000. Acadian Asset Management LLC grew 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 valued at $1,966,000 after buying an additional 67,053 shares during the last quarter. Finally, Tidal Investments LLC acquired a new position in trivago in the 1st quarter valued at $393,000. Institutional investors 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.