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

Equities research analysts at StockNews.com initiated coverage on shares of trivago (NASDAQ:TRVG) in a research report issued to clients and investors on Friday. The firm set a “buy” rating on the technology company’s stock.

Separately, Susquehanna lowered their price target on shares of 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 given a buy rating to the company. Based on data from MarketBeat.com, trivago presently has a consensus rating of “Hold” and an average price target of $2.75.

trivago Price Performance

Shares of trivago stock opened at $1.71 on Friday. The firm has a fifty day moving average price of $1.90 and a two-hundred day moving average price of $2.18. trivago has a fifty-two week low of $1.61 and a fifty-two week high of $5.90. The company has a market cap of $119.15 million, a PE ratio of -0.61 and a beta of 1.62.

trivago (NASDAQ:TRVG) last announced its earnings results on Tuesday, July 30th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). The company had revenue of $127.62 million for the quarter, compared to analyst estimates 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 period in the prior year, the business earned $0.10 earnings per share. Analysts expect that trivago will post -0.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On trivago

A number of institutional investors have recently made changes to their positions in the stock. Quadrature Capital Ltd acquired a new position in shares of trivago during the 4th quarter valued at $67,000. BNP Paribas Financial Markets acquired a new stake in trivago in the first quarter valued at approximately $173,000. Tidal Investments LLC bought a new stake in shares of trivago during the first quarter valued at approximately $393,000. Finally, Acadian Asset Management LLC grew its position in trivago by 10.3% in 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. Institutional investors own 4.50% of the company’s stock.

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.