trivago (NASDAQ:TRVG) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

trivago (NASDAQ:TRVG) announced its quarterly earnings results on Tuesday. The technology company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.02, Zacks reports. trivago had a negative return on equity of 1.20% and a negative net margin of 5.77%.

trivago Trading Up 1.7 %

Shares of TRVG stock traded up $0.05 on Tuesday, reaching $3.06. 190,901 shares of the stock were exchanged, compared to its average volume of 72,884. The business’s 50 day moving average price is $2.44 and its 200 day moving average price is $2.06. The company has a market capitalization of $214.02 million, a price-to-earnings ratio of -43.71 and a beta of 1.76. trivago has a twelve month low of $1.60 and a twelve month high of $3.29.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. UBS Group lowered their target price on trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Susquehanna reduced their price target on shares of trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Finally, StockNews.com began coverage on shares of trivago in a research report on Friday. They set a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $2.55.

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.