Brokerages expect Trivago NV – (NASDAQ:TRVG) to post $319.98 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Trivago’s earnings. The highest sales estimate is $325.62 million and the lowest is $316.53 million. Trivago reported sales of $285.14 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 12.2%. The business is scheduled to issue its next quarterly earnings report on Monday, May 21st.
According to Zacks, analysts expect that Trivago will report full-year sales of $319.98 million for the current financial year, with estimates ranging from $1.34 billion to $1.39 billion. For the next fiscal year, analysts expect that the business will post sales of $1.60 billion per share, with estimates ranging from $1.53 billion to $1.70 billion. Zacks’ sales calculations are an average based on a survey of research analysts that cover Trivago.
Trivago (NASDAQ:TRVG) last issued its quarterly earnings results on Wednesday, February 7th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.01). The business had revenue of $181.54 million during the quarter, compared to the consensus estimate of $183.13 million. Trivago had a negative return on equity of 1.57% and a negative net margin of 1.30%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis.
Several research analysts recently issued reports on the stock. DA Davidson assumed coverage on shares of Trivago in a research note on Wednesday, April 4th. They issued a “neutral” rating and a $7.30 price target for the company. Wedbush assumed coverage on shares of Trivago in a research note on Tuesday, April 3rd. They issued a “neutral” rating and a $7.50 price target for the company. BidaskClub lowered shares of Trivago from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 29th. JPMorgan Chase lowered shares of Trivago from a “neutral” rating to an “underweight” rating in a research note on Thursday, March 22nd. Finally, Mizuho assumed coverage on shares of Trivago in a research note on Wednesday, March 21st. They issued a “buy” rating and a $9.00 price target for the company. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $13.14.
A number of hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. grew its position in Trivago by 26.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 97,087 shares of the technology company’s stock valued at $1,054,000 after purchasing an additional 20,489 shares during the last quarter. Wells Fargo & Company MN grew its position in Trivago by 231.5% during the 4th quarter. Wells Fargo & Company MN now owns 40,856 shares of the technology company’s stock valued at $279,000 after purchasing an additional 28,531 shares during the last quarter. Hodges Capital Management Inc. purchased a new stake in Trivago during the 4th quarter valued at about $205,000. Granahan Investment Management Inc. MA grew its position in Trivago by 13.3% during the 3rd quarter. Granahan Investment Management Inc. MA now owns 339,322 shares of the technology company’s stock valued at $3,682,000 after purchasing an additional 39,882 shares during the last quarter. Finally, TD Asset Management Inc. grew its position in Trivago by 72.6% during the 3rd quarter. TD Asset Management Inc. now owns 129,081 shares of the technology company’s stock valued at $1,401,000 after purchasing an additional 54,300 shares during the last quarter. 7.28% of the stock is currently owned by institutional investors.
Shares of Trivago stock opened at $6.39 on Tuesday. The stock has a market capitalization of $2,307.71, a P/E ratio of -106.50 and a beta of 0.84. Trivago has a 1 year low of $6.17 and a 1 year high of $24.27.
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Trivago Company Profile
Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.
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