Trivago NV – (NASDAQ:TRVG) – Investment analysts at SunTrust Banks lowered their Q1 2018 earnings per share (EPS) estimates for shares of Trivago in a research report issued on Thursday. SunTrust Banks analyst N. Khan now anticipates that the technology company will earn $0.00 per share for the quarter, down from their previous forecast of $0.01. SunTrust Banks has a “Hold” rating on the stock.
Trivago (NASDAQ:TRVG) last posted its quarterly earnings results on Wednesday, February 7th. The technology company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Trivago had a negative net margin of 1.30% and a negative return on equity of 1.57%. The company had revenue of $181.54 million during the quarter, compared to analyst estimates of $183.13 million. The business’s quarterly revenue was up 7.3% on a year-over-year basis.
Shares of Trivago (TRVG) opened at $7.76 on Monday. Trivago has a one year low of $6.45 and a one year high of $24.27. The firm has a market cap of $2,721.48, a P/E ratio of -155.17 and a beta of 0.21.
A number of large investors have recently bought and sold shares of the stock. Artisan Partners Limited Partnership acquired a new stake in Trivago during the 3rd quarter worth approximately $6,954,000. TCW Group Inc. boosted its position in Trivago by 1.5% during the 3rd quarter. TCW Group Inc. now owns 468,000 shares of the technology company’s stock worth $5,078,000 after buying an additional 7,042 shares during the period. Granahan Investment Management Inc. MA boosted its position in Trivago by 13.3% during the 3rd quarter. Granahan Investment Management Inc. MA now owns 339,322 shares of the technology company’s stock worth $3,682,000 after buying an additional 39,882 shares during the period. Penserra Capital Management LLC boosted its position in Trivago by 262.1% during the 4th quarter. Penserra Capital Management LLC now owns 277,831 shares of the technology company’s stock worth $1,900,000 after buying an additional 201,096 shares during the period. Finally, Lord Abbett & CO. LLC acquired a new stake in Trivago during the 2nd quarter worth approximately $4,243,000. Institutional investors and hedge funds own 7.98% of the company’s stock.
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Trivago 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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