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

StockNews.com initiated coverage on shares of trivago (NASDAQ:TRVG) in a research report released on Tuesday. The firm issued a buy rating on the technology company’s stock.

Separately, Susquehanna lowered their price target on trivago from $2.50 to $2.25 and set a neutral rating on the stock in a report on Thursday, August 1st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, trivago has an average rating of Hold and a consensus target price of $2.75.

trivago Trading Down 0.5 %

trivago stock opened at $1.80 on Tuesday. trivago has a 1-year low of $1.76 and a 1-year high of $5.90. The firm has a market capitalization of $125.50 million, a PE ratio of -0.64 and a beta of 1.62. The firm’s 50 day simple moving average is $2.03 and its 200 day simple moving average is $2.28.

trivago (NASDAQ:TRVG) last released its quarterly earnings results on Tuesday, July 30th. The technology company reported ($0.01) EPS 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 during the quarter, compared to analyst estimates of $127.25 million. During the same period in the previous year, the business earned $0.10 EPS. Research analysts forecast that trivago will post -0.1 earnings per share for the current year.

Institutional Trading of trivago

A number of hedge funds have recently made changes to their positions in TRVG. Quadrature Capital Ltd purchased a new stake in trivago during the fourth quarter valued at about $67,000. BNP Paribas Financial Markets purchased a new position in shares of trivago during the 1st quarter valued at about $173,000. Tidal Investments LLC bought a new stake in trivago in the 1st quarter worth approximately $393,000. Finally, Acadian Asset Management LLC boosted its stake 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 buying an additional 67,053 shares in the last quarter. 4.50% of the stock is owned by institutional investors.

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.