Wall Street brokerages predict that Trivago NV – (NASDAQ:TRVG) will post sales of $24.74 million for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Trivago’s earnings, with the highest sales estimate coming in at $37.58 million and the lowest estimate coming in at $17.62 million. Trivago posted sales of $251.19 million during the same quarter last year, which would suggest a negative year over year growth rate of 90.2%. The business is scheduled to issue its next quarterly earnings results on Wednesday, July 22nd.
On average, analysts expect that Trivago will report full year sales of $358.61 million for the current financial year, with estimates ranging from $272.56 million to $466.86 million. For the next fiscal year, analysts expect that the business will report sales of $587.63 million, with estimates ranging from $521.53 million to $626.83 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover Trivago.
Trivago (NASDAQ:TRVG) last posted its quarterly earnings results on Monday, May 18th. The technology company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.03). The firm had revenue of $154.21 million for the quarter, compared to the consensus estimate of $169.01 million. Trivago had a positive return on equity of 0.33% and a negative net margin of 26.40%.
A number of analysts recently issued reports on the company. Citigroup cut Trivago from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $2.15 to $1.80 in a report on Monday, April 20th. Morgan Stanley increased their price objective on Trivago from $1.80 to $1.90 and gave the stock an “equal weight” rating in a report on Wednesday, June 3rd. Guggenheim dropped their price objective on Trivago from $3.00 to $2.00 and set a “buy” rating on the stock in a report on Monday, March 9th. They noted that the move was a valuation call. BidaskClub raised Trivago from a “sell” rating to a “hold” rating in a report on Friday, May 29th. Finally, Cowen dropped their price objective on Trivago from $3.50 to $2.00 and set a “market perform” rating on the stock in a report on Wednesday, May 20th. Eight investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $2.35.
TRVG traded down $0.01 during trading on Friday, reaching $1.97. 294,055 shares of the company were exchanged, compared to its average volume of 384,238. The company’s 50-day moving average is $2.02 and its two-hundred day moving average is $2.15. The company has a market cap of $679.09 million, a price-to-earnings ratio of -3.08 and a beta of 1.35. The company has a quick ratio of 5.71, a current ratio of 5.71 and a debt-to-equity ratio of 0.14. Trivago has a 12-month low of $1.30 and a 12-month high of $5.38.
Large investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC bought a new position in shares of Trivago during the 4th quarter valued at about $239,000. Goldman Sachs Group Inc. increased its position in shares of Trivago by 8.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 219,750 shares of the technology company’s stock valued at $576,000 after purchasing an additional 18,012 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new position in shares of Trivago during the 4th quarter valued at about $512,000. Norges Bank bought a new position in shares of Trivago during the 4th quarter valued at about $1,679,000. Finally, Acadian Asset Management LLC increased its position in shares of Trivago by 64.3% during the 1st quarter. Acadian Asset Management LLC now owns 92,096 shares of the technology company’s stock valued at $135,000 after purchasing an additional 36,057 shares during the last quarter. 10.51% of the stock is currently owned by hedge funds and other institutional investors.
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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