Trivago N.V. ADS (TRVG) Given Average Recommendation of “Hold” by Brokerages
Trivago N.V. ADS (NASDAQ:TRVG) has been assigned a consensus rating of “Hold” from the twelve analysts that are currently covering the company, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $20.33.
Several equities analysts have recently weighed in on TRVG shares. Morgan Stanley restated an “overweight” rating and set a $25.00 price objective on shares of Trivago N.V. ADS in a research report on Saturday, July 22nd. Zacks Investment Research upgraded shares of Trivago N.V. ADS from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Wednesday, April 26th. Cowen and Company raised their price objective on shares of Trivago N.V. ADS from $13.00 to $15.00 and gave the company a “market perform” rating in a research report on Friday, April 28th. Bank of America Corporation restated a “neutral” rating and set a $24.00 price objective (up previously from $18.00) on shares of Trivago N.V. ADS in a research report on Wednesday, May 17th. Finally, Susquehanna Bancshares Inc restated a “neutral” rating and set a $23.00 price objective (up previously from $14.00) on shares of Trivago N.V. ADS in a research report on Wednesday, May 17th.
Shares of Trivago N.V. ADS (TRVG) opened at 16.44 on Tuesday. The stock has a market cap of $5.75 billion and a P/E ratio of 62.75. Trivago N.V. ADS has a one year low of $10.88 and a one year high of $24.27. The firm has a 50 day moving average of $21.13 and a 200 day moving average of $16.58.
Trivago N.V. ADS (NASDAQ:TRVG) last posted its quarterly earnings data on Friday, August 4th. The technology company reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by $0.02. The firm had revenue of $298.30 million for the quarter, compared to the consensus estimate of $293.16 million. Trivago N.V. ADS’s revenue for the quarter was up 66.6% on a year-over-year basis. On average, equities research analysts predict that Trivago N.V. ADS will post $0.09 EPS for the current fiscal year.
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Several hedge funds and other institutional investors have recently made changes to their positions in the company. Creative Planning boosted its position in shares of Trivago N.V. ADS by 87.1% in the second quarter. Creative Planning now owns 4,360 shares of the technology company’s stock valued at $103,000 after buying an additional 2,030 shares during the last quarter. Thompson Davis & CO. Inc. purchased a new position in shares of Trivago N.V. ADS during the second quarter valued at approximately $124,000. Parametric Portfolio Associates LLC purchased a new position in shares of Trivago N.V. ADS during the first quarter valued at approximately $161,000. Sei Investments Co. purchased a new position in shares of Trivago N.V. ADS during the first quarter valued at approximately $179,000. Finally, Independent Portfolio Consultants Inc. purchased a new position in shares of Trivago N.V. ADS during the second quarter valued at approximately $190,000. Institutional investors own 11.59% of the company’s stock.
Trivago N.V. ADS Company Profile
Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.
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