Shares of Trivago NV – (NASDAQ:TRVG) have earned an average recommendation of “Hold” from the twelve brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $6.83.
Separately, BidaskClub raised Trivago from a “hold” rating to a “buy” rating in a research report on Tuesday, November 6th.
A number of large investors have recently added to or reduced their stakes in TRVG. 683 Capital Management LLC raised its position in Trivago by 37.5% in the second quarter. 683 Capital Management LLC now owns 5,500,000 shares of the technology company’s stock valued at $24,970,000 after purchasing an additional 1,500,000 shares during the period. Putnam Investments LLC purchased a new position in Trivago in the third quarter valued at about $1,645,000. Bluefin Trading LLC purchased a new position in Trivago in the third quarter valued at about $773,000. Jane Street Group LLC purchased a new position in Trivago in the third quarter valued at about $205,000. Finally, Clear Harbor Asset Management LLC purchased a new position in Trivago in the second quarter valued at about $130,000. 9.50% of the stock is currently owned by institutional investors.
Shares of TRVG traded up $0.04 during trading hours on Monday, hitting $5.80. The stock had a trading volume of 354,879 shares, compared to its average volume of 466,605. The firm has a market capitalization of $2.02 billion, a P/E ratio of -96.67 and a beta of -0.24. Trivago has a 12-month low of $4.01 and a 12-month high of $10.05.
Trivago (NASDAQ:TRVG) last issued its earnings results on Wednesday, October 24th. The technology company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.04. The business had revenue of $253.70 million for the quarter, compared to analyst estimates of $261.60 million. Trivago had a negative return on equity of 5.18% and a negative net margin of 4.61%. The business’s quarterly revenue was down 11.9% on a year-over-year basis. During the same period last year, the company posted ($0.02) EPS. On average, equities research analysts forecast that Trivago will post -0.08 EPS for the current year.
Trivago Company Profile
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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