Analysts predict that Trivago NV – (NASDAQ:TRVG) will post earnings per share (EPS) of $0.02 for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Trivago’s earnings, with estimates ranging from $0.01 to $0.03. Trivago reported earnings of $0.03 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 33.3%. The business is expected to report its next quarterly earnings report on Wednesday, October 23rd.
On average, analysts expect that Trivago will report full year earnings of $0.10 per share for the current fiscal year, with EPS estimates ranging from $0.07 to $0.14. For the next fiscal year, analysts anticipate that the business will report earnings of $0.12 per share, with EPS estimates ranging from $0.07 to $0.18. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Trivago.
Trivago (NASDAQ:TRVG) last released its earnings results on Wednesday, July 24th. The technology company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. Trivago had a return on equity of 4.10% and a net margin of 4.27%. The business had revenue of $223.40 million for the quarter, compared to analyst estimates of $218.28 million. During the same quarter last year, the firm posted ($0.06) earnings per share. The business’s revenue was down 4.9% compared to the same quarter last year.
A number of analysts have weighed in on TRVG shares. Wedbush set a $5.00 target price on Trivago and gave the stock a “hold” rating in a research note on Thursday, May 2nd. Guggenheim upgraded Trivago from a “neutral” rating to a “buy” rating and set a $5.50 target price on the stock in a research note on Tuesday, April 23rd. Zacks Investment Research lowered Trivago from a “buy” rating to a “hold” rating in a research note on Saturday, July 27th. ValuEngine raised Trivago from a “hold” rating to a “buy” rating in a research report on Monday, July 29th. Finally, BidaskClub raised Trivago from a “sell” rating to a “hold” rating in a research report on Wednesday, July 24th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $5.25.
Institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank bought a new position in shares of Trivago during the 4th quarter worth $3,608,000. Marshall Wace North America L.P. boosted its position in Trivago by 4,997.0% during the first quarter. Marshall Wace North America L.P. now owns 201,281 shares of the technology company’s stock valued at $869,000 after purchasing an additional 197,332 shares in the last quarter. Westfield Capital Management Co. LP boosted its position in Trivago by 28.2% during the first quarter. Westfield Capital Management Co. LP now owns 90,900 shares of the technology company’s stock valued at $393,000 after purchasing an additional 20,000 shares in the last quarter. Marshall Wace LLP bought a new stake in Trivago during the first quarter valued at about $3,989,000. Finally, Virtu Financial LLC bought a new stake in Trivago during the first quarter valued at about $62,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.
TRVG stock traded down $0.25 during midday trading on Friday, reaching $4.48. The company’s stock had a trading volume of 14,083 shares, compared to its average volume of 545,263. The company has a quick ratio of 3.27, a current ratio of 3.27 and a debt-to-equity ratio of 0.11. The company’s fifty day moving average price is $4.44. Trivago has a 1 year low of $3.41 and a 1 year high of $7.54. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of -64.07, a price-to-earnings-growth ratio of 6.33 and a beta of 0.80.
Trivago Company Profile
trivago N.V., together with its subsidiaries, operates as a hotel and accommodation 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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