trivago (NASDAQ:TRVG) PT Lowered to $1.95 at UBS Group

trivago (NASDAQ:TRVG) had its price target trimmed by UBS Group from $2.25 to $1.95 in a research report report published on Wednesday morning, Benzinga reports. The brokerage currently has a neutral rating on the technology company’s stock.

Other analysts have also issued research reports about the company. Susquehanna lowered their target price on trivago from $2.50 to $2.25 and set a “neutral” rating on the stock in a report on Thursday, August 1st. StockNews.com began coverage on trivago in a research report on Saturday, October 19th. They issued a “buy” rating for the company. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, trivago presently has an average rating of “Hold” and a consensus target price of $2.68.

trivago Price Performance

Shares of TRVG stock opened at $1.62 on Wednesday. The firm has a market cap of $112.88 million, a P/E ratio of -0.57 and a beta of 1.62. The stock’s 50-day moving average is $1.82 and its two-hundred day moving average is $2.10. trivago has a fifty-two week low of $1.60 and a fifty-two week high of $5.90.

trivago (NASDAQ:TRVG) last issued its quarterly earnings data on Tuesday, July 30th. The technology company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). The business had revenue of $127.62 million for the quarter, compared to analyst estimates of $127.25 million. trivago had a positive return on equity of 1.30% and a negative net margin of 41.42%. During the same quarter in the prior year, the firm posted $0.10 EPS. As a group, research analysts expect that trivago will post -0.1 EPS for the current year.

Institutional Investors Weigh In On trivago

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quadrature Capital Ltd acquired a new stake in shares of trivago in the 4th quarter valued at $67,000. BNP Paribas Financial Markets acquired a new stake in shares of trivago during the first quarter worth $173,000. Acadian Asset Management LLC grew its stake in shares of trivago by 10.3% during the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock worth $1,966,000 after purchasing an additional 67,053 shares during the period. Finally, Tidal Investments LLC acquired a new stake in shares of trivago during the first quarter worth $393,000. 4.50% of the stock is owned by institutional investors and hedge funds.

About trivago

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.