Trivago NV – (NASDAQ:TRVG) has received an average recommendation of “Hold” from the twelve ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $6.83.
Separately, BidaskClub upgraded shares of Trivago from a “hold” rating to a “buy” rating in a report on Tuesday, November 6th.
TRVG stock opened at $6.17 on Monday. Trivago has a 12-month low of $4.01 and a 12-month high of $10.05. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of -102.83 and a beta of -0.17.
Trivago (NASDAQ:TRVG) last released its earnings results on Wednesday, October 24th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.04. Trivago had a negative net margin of 4.61% and a negative return on equity of 5.18%. The company had revenue of $253.70 million during the quarter, compared to the consensus estimate of $261.60 million. During the same quarter in the prior year, the firm earned ($0.02) EPS. The company’s revenue was down 11.9% compared to the same quarter last year. As a group, equities analysts expect that Trivago will post -0.08 earnings per share for the current year.
Institutional investors have recently added to or reduced their stakes in the company. Clear Harbor Asset Management LLC bought a new position in shares of Trivago during the 2nd quarter valued at $130,000. Jane Street Group LLC bought a new position in shares of Trivago during the 3rd quarter valued at $205,000. Miracle Mile Advisors LLC raised its holdings in shares of Trivago by 123.0% during the 3rd quarter. Miracle Mile Advisors LLC now owns 40,800 shares of the technology company’s stock valued at $251,000 after purchasing an additional 22,500 shares in the last quarter. Bluefin Trading LLC bought a new position in shares of Trivago during the 3rd quarter valued at $773,000. Finally, Putnam Investments LLC bought a new position in shares of Trivago during the 3rd quarter valued at $1,645,000. Institutional investors and hedge funds own 6.18% of the company’s stock.
trivago N.V., together with its subsidiaries, operates as a hotel search platform. It offers online meta-search for hotels by facilitating consumers' search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.
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