Stock analysts at StockNews.com assumed coverage on shares of trivago (NASDAQ:TRVG - Get Free Report) in a research report issued to clients and investors on Friday. The brokerage set a "buy" rating on the technology company's stock.
Separately, Susquehanna lowered their price objective on trivago from $2.50 to $2.25 and set a "neutral" rating on the stock in a research report on Thursday, August 1st. Three equities 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 company currently has a consensus rating of "Hold" and a consensus target price of $2.75.
Read Our Latest Report on trivago
trivago Stock Down 1.2 %
NASDAQ:TRVG traded down $0.02 on Friday, hitting $1.69. The stock had a trading volume of 31,235 shares, compared to its average volume of 60,850. trivago has a 52-week low of $1.61 and a 52-week high of $5.90. The stock has a market cap of $118.00 million, a price-to-earnings ratio of -0.58 and a beta of 1.62. The business's 50-day simple moving average is $1.90 and its two-hundred day simple moving average is $2.18.
trivago (NASDAQ:TRVG - Get Free Report) last posted its quarterly earnings data 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 positive return on equity of 1.30% and a negative net margin of 41.42%. The firm had revenue of $127.62 million for the quarter, compared to analysts' expectations of $127.25 million. During the same period in the previous year, the firm earned $0.10 EPS. As a group, equities research analysts anticipate that trivago will post -0.1 EPS for the current year.
Institutional Trading of trivago
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quadrature Capital Ltd bought a new stake in trivago during the 4th quarter valued at approximately $67,000. BNP Paribas Financial Markets bought a new stake in trivago during the 1st quarter valued at approximately $173,000. Acadian Asset Management LLC raised its stake in trivago by 10.3% during 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 period. Finally, Tidal Investments LLC bought a new stake in trivago during the 1st quarter valued at approximately $393,000. Institutional investors own 4.50% of the company's stock.
About trivago
(
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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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