trivago (NASDAQ:TRVG) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of trivago (NASDAQ:TRVG) in a report released on Monday morning. The firm issued a buy rating on the technology company’s stock.

Separately, Susquehanna dropped their target price on shares of trivago from $2.50 to $2.25 and set a neutral rating on the stock in a report on Thursday, August 1st. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of Hold and a consensus target price of $2.75.

trivago Stock Down 3.7 %

TRVG stock opened at $1.81 on Monday. trivago has a twelve month low of $1.79 and a twelve month high of $5.90. The firm has a market cap of $126.12 million, a PE ratio of -0.65 and a beta of 1.62. The business has a 50 day moving average of $2.05 and a 200 day moving average of $2.30.

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

Institutional Trading of trivago

Institutional investors and hedge funds have recently modified their holdings of the company. Quadrature Capital Ltd bought a new stake in trivago during the fourth quarter valued at about $67,000. BNP Paribas Financial Markets purchased a new stake in shares of trivago in the first quarter worth about $173,000. Tidal Investments LLC bought a new stake in trivago in the 1st quarter worth approximately $393,000. Inflection Point Investments LLP purchased a new stake in shares of trivago during the 4th quarter worth approximately $572,000. Finally, Acadian Asset Management LLC grew its holdings in shares of trivago by 10.3% in the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock valued at $1,966,000 after purchasing an additional 67,053 shares in the last quarter. 4.50% of the stock is currently owned by institutional investors.

trivago Company Profile

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.