Trivago N.V. ADS (NASDAQ:TRVG) Releases Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Trivago N.V. ADS (NASDAQ:TRVG) posted its quarterly earnings data on Tuesday. The technology company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.06), Zacks reports. Trivago N.V. ADS had a negative net margin of 4.93% and a negative return on equity of 0.46%.

Trivago N.V. ADS Price Performance

NASDAQ TRVG traded up $0.03 on Tuesday, hitting $3.05. The company had a trading volume of 37,951 shares, compared to its average volume of 32,738. The company has a market capitalization of $214.66 million, a PE ratio of -305.00 and a beta of 1.39. The company’s fifty day moving average price is $3.25 and its 200-day moving average price is $3.71. Trivago N.V. ADS has a 12-month low of $1.64 and a 12-month high of $5.83.

Institutional Investors Weigh In On Trivago N.V. ADS

A number of large investors have recently made changes to their positions in TRVG. Cubist Systematic Strategies LLC purchased a new stake in shares of Trivago N.V. ADS in the first quarter valued at about $75,000. NewEdge Advisors LLC purchased a new position in Trivago N.V. ADS during the first quarter worth about $258,000. Walleye Capital LLC purchased a new position in Trivago N.V. ADS during the second quarter worth about $40,000. Marshall Wace LLP boosted its stake in Trivago N.V. ADS by 272.6% during the second quarter. Marshall Wace LLP now owns 137,638 shares of the technology company’s stock worth $519,000 after buying an additional 100,699 shares during the period. Finally, Jump Financial LLC acquired a new stake in shares of Trivago N.V. ADS in the second quarter valued at $94,000. 4.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on TRVG. Susquehanna cut their target price on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a “neutral” rating on the stock in a research report on Thursday, August 7th. Wall Street Zen downgraded shares of Trivago N.V. ADS from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Weiss Ratings reissued a “sell (e+)” rating on shares of Trivago N.V. ADS in a research report on Thursday, October 30th. Finally, Mizuho began coverage on shares of Trivago N.V. ADS in a research note on Tuesday, September 30th. They set a “neutral” rating and a $3.50 price objective for the company. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $4.18.

Trivago N.V. ADS 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.