trivago (NASDAQ:TRVG) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of trivago (NASDAQ:TRVG) in a report published on Saturday. The firm issued a buy rating on the technology company’s stock.

Separately, Susquehanna lowered their price objective on trivago from $2.50 to $2.25 and set a “neutral” rating for the company 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $2.75.

trivago Price Performance

Shares of NASDAQ TRVG opened at $1.70 on Friday. trivago has a 1-year low of $1.61 and a 1-year high of $5.90. The company has a market capitalization of $118.69 million, a price-to-earnings ratio of -0.58 and a beta of 1.62. The business has a 50-day moving average of $1.85 and a 200-day moving average of $2.11.

trivago (NASDAQ:TRVG) last released its quarterly earnings results on Tuesday, July 30th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). The firm had revenue of $127.62 million for 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 previous year, the firm posted $0.10 EPS. Research analysts expect that trivago will post -0.1 EPS for the current fiscal year.

Institutional Investors Weigh In On trivago

A number of hedge funds have recently made changes to their positions in the business. 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 purchasing an additional 67,053 shares in the last quarter. Tidal Investments LLC acquired a new position in trivago during the 1st quarter valued at about $393,000. BNP Paribas Financial Markets bought a new stake in shares of trivago during the 1st quarter worth about $173,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of trivago in the 4th quarter worth approximately $67,000. Institutional investors own 4.50% of the company’s stock.

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.