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

StockNews.com started coverage on shares of trivago (NASDAQ:TRVG) in a note issued to investors on Thursday. The firm set a “buy” rating on the technology company’s stock.

Separately, Susquehanna decreased 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 equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $2.75.

trivago Stock Down 0.6 %

TRVG opened at $1.72 on Thursday. The firm’s 50-day moving average price is $1.96 and its 200-day moving average price is $2.22. The company has a market cap of $119.85 million, a P/E ratio of -0.61 and a beta of 1.62. trivago has a 52-week low of $1.61 and a 52-week high of $5.90.

trivago (NASDAQ:TRVG) last issued its quarterly earnings data on Tuesday, July 30th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). trivago had a positive return on equity of 1.30% and a negative net margin of 41.42%. The business had revenue of $127.62 million during the quarter, compared to analysts’ expectations of $127.25 million. During the same quarter in the previous year, the firm posted $0.10 EPS. On average, research analysts anticipate that trivago will post -0.1 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TRVG. Acadian Asset Management LLC grew its stake in shares of 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. Tidal Investments LLC purchased a new stake in shares of trivago during the first quarter worth approximately $393,000. BNP Paribas Financial Markets purchased a new position in trivago in the first quarter worth approximately $173,000. Finally, Quadrature Capital Ltd acquired a new position in trivago during the 4th quarter worth approximately $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.