trivago (NASDAQ:TRVG) Earns Buy Rating from Analysts at StockNews.com

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

Separately, Susquehanna lowered their target price on trivago from $2.50 to $2.25 and set a neutral rating for the company in a research note on Thursday, August 1st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of Hold and a consensus price target of $2.75.

trivago Stock Down 2.5 %

Shares of TRVG stock opened at $1.76 on Tuesday. The company has a market capitalization of $122.88 million, a P/E ratio of -0.62 and a beta of 1.62. trivago has a 12-month low of $1.73 and a 12-month high of $5.90. The firm has a 50-day moving average price of $2.02 and a 200 day moving average price of $2.27.

trivago (NASDAQ:TRVG) last posted its earnings results on Tuesday, July 30th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). The company had revenue of $127.62 million during the quarter, compared to analysts’ expectations 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 previous year, the company posted $0.10 earnings per share. As a group, research analysts expect that trivago will post -0.1 earnings per share for the current year.

Institutional Investors Weigh In On trivago

Institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets bought a new position in trivago in the first quarter valued at about $173,000. Quadrature Capital Ltd bought a new position in shares of trivago in the 4th quarter valued at about $67,000. Acadian Asset Management LLC grew its position in shares of trivago by 10.3% during the 1st 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. Finally, Tidal Investments LLC bought a new stake in shares of trivago during the first quarter worth approximately $393,000. 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.