trivago (NASDAQ:TRVG) Announces Quarterly Earnings Results, Beats Expectations By $0.02 EPS

trivago (NASDAQ:TRVG) announced its quarterly earnings data on Tuesday. The technology company reported $0.07 earnings per share (EPS) 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 Stock Up 6.8 %

NASDAQ TRVG traded up $0.21 during trading hours on Thursday, hitting $3.22. The company had a trading volume of 61,540 shares, compared to its average volume of 76,529. trivago has a fifty-two week low of $1.60 and a fifty-two week high of $3.29. The business has a fifty day simple moving average of $2.48 and a 200-day simple moving average of $2.07. The firm has a market cap of $224.86 million, a P/E ratio of -46.21 and a beta of 1.76.

Analyst Ratings Changes

TRVG has been the subject of a number of research analyst reports. StockNews.com assumed coverage on trivago in a report on Friday, January 31st. They issued a “buy” rating for the company. UBS Group lowered their target price on shares of trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Finally, 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. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $2.55.

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.