Trivago NV – (NASDAQ:TRVG) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 5,439,189 shares, a drop of 22.6% from the January 15th total of 7,025,533 shares. Based on an average trading volume of 411,828 shares, the short-interest ratio is presently 13.2 days.
A number of institutional investors have recently added to or reduced their stakes in the business. Penserra Capital Management LLC acquired a new position in Trivago during the 4th quarter valued at about $3,601,000. Putnam Investments LLC acquired a new position in Trivago during the 3rd quarter valued at about $1,645,000. Kornitzer Capital Management Inc. KS acquired a new position in Trivago during the 4th quarter valued at about $844,000. Bluefin Trading LLC acquired a new position in Trivago during the 3rd quarter valued at about $773,000. Finally, Westfield Capital Management Co. LP increased its stake in Trivago by 18.6% during the 4th quarter. Westfield Capital Management Co. LP now owns 70,900 shares of the technology company’s stock valued at $399,000 after buying an additional 11,100 shares during the period. 9.44% of the stock is currently owned by hedge funds and other institutional investors.
Trivago stock opened at $5.93 on Tuesday. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of -84.71, a P/E/G ratio of 16.94 and a beta of 0.21. Trivago has a 52 week low of $4.01 and a 52 week high of $8.87.
Trivago (NASDAQ:TRVG) last released its earnings results on Wednesday, February 6th. The technology company reported $0.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.03. The firm had revenue of $166.80 million for the quarter, compared to analysts’ expectations of $166.23 million. Trivago had a negative net margin of 2.50% and a negative return on equity of 2.66%. Trivago’s quarterly revenue was down 10.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.03) EPS. Equities research analysts forecast that Trivago will post 0.05 earnings per share for the current year.
A number of analysts recently weighed in on the stock. Zacks Investment Research cut shares of Trivago from a “buy” rating to a “hold” rating in a report on Wednesday, December 26th. BidaskClub raised shares of Trivago from a “hold” rating to a “buy” rating in a report on Tuesday, November 6th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $7.29.
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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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