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

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

Separately, Susquehanna lowered their target price 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 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, the company currently has an average rating of Hold and a consensus price target of $2.75.

trivago Price Performance

TRVG opened at $1.69 on Friday. The firm has a market capitalization of $118.00 million, a P/E ratio of -0.58 and a beta of 1.62. trivago has a one year low of $1.61 and a one year high of $5.90. The company has a fifty day moving average price of $1.90 and a 200-day moving average price of $2.17.

trivago (NASDAQ:TRVG) last posted its earnings results on Tuesday, July 30th. The technology company reported ($0.01) EPS for the quarter, hitting 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 period in the previous year, the business earned $0.10 earnings per share. On average, analysts expect that trivago will post -0.1 earnings per share for the current year.

Hedge Funds Weigh In On trivago

Several institutional investors have recently modified their holdings of TRVG. Tidal Investments LLC bought a new stake in trivago in the 1st quarter worth approximately $393,000. Acadian Asset Management LLC lifted its holdings in shares of trivago by 10.3% in the 1st 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 during the last quarter. BNP Paribas Financial Markets bought a new stake in shares of trivago in the 1st quarter worth approximately $173,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of trivago in the 4th quarter valued at $67,000. 4.50% of the stock is currently owned by institutional investors.

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.