StockNews.com began coverage on shares of trivago (NASDAQ:TRVG – Free Report) in a research report report published on Friday. The brokerage issued a buy rating on the technology company’s stock.
Separately, Susquehanna dropped their price objective on trivago from $2.50 to $2.25 and set a neutral rating for the company 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. According to data from MarketBeat, the stock presently has a consensus rating of Hold and an average price target of $2.75.
View Our Latest Report on TRVG
trivago Price Performance
trivago (NASDAQ:TRVG – Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The technology company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). The firm had revenue of $127.62 million for the quarter, compared to analyst estimates 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 period in the prior year, the firm posted $0.10 EPS. On average, equities analysts anticipate that trivago will post -0.1 earnings per share for the current fiscal year.
Institutional Investors Weigh In On trivago
Several institutional investors and hedge funds have recently made changes to their positions in TRVG. Quadrature Capital Ltd acquired a new stake in shares of trivago in the fourth quarter valued at about $67,000. BNP Paribas Financial Markets bought a new position in trivago in the first quarter worth approximately $173,000. Acadian Asset Management LLC boosted 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 acquiring an additional 67,053 shares in the last quarter. Finally, Tidal Investments LLC bought a new position in trivago in the first 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.
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