Trivago N.V. ADS (NASDAQ:TRVG) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Trivago N.V. ADS (NASDAQ:TRVG) announced its earnings results on Tuesday. The technology company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.02, FiscalAI reports. The firm had revenue of $218.06 million during the quarter, compared to the consensus estimate of $216.56 million. Trivago N.V. ADS had a return on equity of 7.76% and a net margin of 2.19%.

Trivago N.V. ADS Stock Down 3.3%

Shares of TRVG stock traded down $0.12 during mid-day trading on Tuesday, reaching $3.52. The stock had a trading volume of 50,430 shares, compared to its average volume of 94,259. Trivago N.V. ADS has a one year low of $2.59 and a one year high of $6.80. The firm has a market cap of $248.58 million, a PE ratio of 58.67 and a beta of 0.95. The firm’s 50 day simple moving average is $5.01 and its 200 day simple moving average is $4.06.

Analyst Ratings Changes

TRVG has been the topic of several recent analyst reports. Weiss Ratings raised Trivago N.V. ADS from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 19th. UBS Group reduced their price objective on Trivago N.V. ADS from $6.00 to $4.80 and set a “neutral” rating for the company in a research report on Tuesday. Susquehanna boosted their target price on shares of Trivago N.V. ADS from $3.25 to $5.50 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Zacks Research cut shares of Trivago N.V. ADS from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Mizuho increased their price target on shares of Trivago N.V. ADS from $3.00 to $5.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $5.33.

Insider Activity

In related news, Director Joana Breidenbach sold 35,000 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $5.16, for a total value of $180,600.00. Following the completion of the transaction, the director directly owned 16,725 shares in the company, valued at approximately $86,301. This represents a 67.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 6.50% of the company’s stock.

Trivago N.V. ADS Company Profile

Trivago N.V. operates a global hotel and accommodation metasearch platform. Through its website and mobile applications, the company enables travelers to compare prices, locations, ratings, amenities and other details for hotels and alternative accommodations listed across online booking sites and other travel providers.

Trivago generally does not provide the underlying lodging itself. Instead, it directs users to partner websites to complete reservations and generates revenue primarily through referral and advertising arrangements.