Shares of trivago (NASDAQ:TRVG – Get Rating) have been given an average recommendation of “Hold” by the seven research firms that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $2.71.
Several research firms have recently weighed in on TRVG. Mizuho decreased their price objective on trivago from $3.60 to $3.00 in a report on Thursday, May 5th. StockNews.com cut trivago from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, May 4th. TheStreet cut shares of trivago from a “c-” rating to a “d+” rating in a research note on Monday, June 6th. Citigroup reduced their price objective on shares of trivago from $2.65 to $2.50 and set a “neutral” rating for the company in a research report on Wednesday, April 20th. Finally, Morgan Stanley cut their price target on shares of trivago from $2.60 to $2.40 and set an “equal weight” rating for the company in a report on Friday, May 20th.
A number of hedge funds have recently bought and sold shares of TRVG. Mirae Asset Global Investments Co. Ltd. increased its position in shares of trivago by 2.9% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 162,079 shares of the technology company’s stock worth $353,000 after acquiring an additional 4,642 shares in the last quarter. Bank of America Corp DE boosted its position in shares of trivago by 11,846.0% in the first quarter. Bank of America Corp DE now owns 11,946 shares of the technology company’s stock worth $28,000 after buying an additional 11,846 shares during the period. Fulton Bank N.A. acquired a new stake in shares of trivago in the first quarter valued at about $29,000. Cetera Advisor Networks LLC raised its holdings in shares of trivago by 100.0% during the 3rd quarter. Cetera Advisor Networks LLC now owns 40,000 shares of the technology company’s stock valued at $99,000 after buying an additional 20,000 shares during the period. Finally, Compagnie Lombard Odier SCmA lifted its position in trivago by 25.0% during the 1st quarter. Compagnie Lombard Odier SCmA now owns 100,000 shares of the technology company’s stock worth $236,000 after acquiring an additional 20,000 shares in the last quarter. 9.00% of the stock is owned by hedge funds and other institutional investors.
TRVG stock opened at $1.50 on Friday. trivago has a fifty-two week low of $1.44 and a fifty-two week high of $3.20. The company’s 50 day moving average price is $1.69 and its 200 day moving average price is $2.04. The firm has a market capitalization of $538.00 million, a price-to-earnings ratio of 50.02 and a beta of 1.61.
trivago (NASDAQ:TRVG – Get Rating) last posted its quarterly earnings results on Monday, May 2nd. The technology company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. The company had revenue of $114.04 million for the quarter, compared to analysts’ expectations of $135.43 million. trivago had a return on equity of 3.42% and a net margin of 1.72%. As a group, sell-side analysts forecast that trivago will post 0.05 earnings per share for the current fiscal year.
trivago Company Profile (Get Rating)
trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels. The company provides access to its platform through 53 localized websites and apps in 31 languages.
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