UBS Group Trims trivago (NASDAQ:TRVG) Target Price to $1.95

trivago (NASDAQ:TRVG - Free Report) had its price target trimmed by UBS Group from $2.25 to $1.95 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a neutral rating on the technology company's stock.

TRVG has been the subject of several other research reports. StockNews.com assumed coverage on shares of trivago in a research note on Saturday. They issued a "buy" rating for the company. 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 analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $2.68.

trivago Trading Down 2.9 %

NASDAQ:TRVG traded down $0.05 on Wednesday, hitting $1.65. The company had a trading volume of 15,565 shares, compared to its average volume of 59,861. The stock has a market capitalization of $115.20 million, a price-to-earnings ratio of -0.57 and a beta of 1.62. The firm has a 50 day moving average of $1.85 and a two-hundred day moving average of $2.11. trivago has a 52 week low of $1.61 and a 52 week high of $5.90.

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 the consensus estimate of ($0.01). The business had revenue of $127.62 million during the quarter, compared to the consensus estimate of $127.25 million. trivago had a negative net margin of 41.42% and a positive return on equity of 1.30%. During the same quarter in the prior year, the firm earned $0.10 EPS. As a group, equities analysts forecast that trivago will post -0.1 EPS for the current year.

Institutional Investors Weigh In On trivago

Several large investors have recently modified their holdings of the company. Acadian Asset Management LLC increased its position in shares of trivago by 10.3% during the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company's stock worth $1,966,000 after buying an additional 67,053 shares during the period. Tidal Investments LLC acquired a new stake in trivago in the first quarter worth $393,000. BNP Paribas Financial Markets acquired a new stake in trivago in the first quarter worth $173,000. Finally, Quadrature Capital Ltd acquired a new stake in trivago in the fourth quarter worth $67,000. 4.50% of the stock is currently owned by institutional investors and hedge funds.

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.