trivago (NASDAQ:TRVG) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS

trivago (NASDAQ:TRVG) issued its earnings results on Sunday. The technology company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01, Fidelity Earnings reports. trivago had a negative net margin of 62.12% and a negative return on equity of 2.98%.

TRVG traded down $0.10 on Tuesday, reaching $3.44. The company had a trading volume of 116,721 shares, compared to its average volume of 4,091,617. The business has a 50 day simple moving average of $4.12 and a 200 day simple moving average of $2.83. The company has a market cap of $1.22 billion, a price-to-earnings ratio of -4.73 and a beta of 1.82. trivago has a 52-week low of $1.25 and a 52-week high of $5.88.

A number of brokerages have weighed in on TRVG. Mizuho increased their target price on shares of trivago from $2.30 to $2.70 and gave the stock a “buy” rating in a research report on Thursday, February 11th. Citigroup reiterated a “neutral” rating on shares of trivago in a research report on Friday, February 19th. Zacks Investment Research downgraded shares of trivago from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 14th. Finally, Morgan Stanley increased their price target on shares of trivago from $2.20 to $2.40 and gave the stock an “equal weight” rating in a report on Friday, February 12th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $2.13.

About trivago

trivago NV is a holding company, which engages in the provision of a global hotel and accommodation search platform. It also offers marketing tools and services for advertisers. It operates through the following segments: Americas, Developed Europe, and Rest of the World. The Americas segment comprises of Argentina, Brazil, Canada, Chile, Columbia, Ecuador, Mexico, Peru, the United States, and Uruguay.

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Earnings History for trivago (NASDAQ:TRVG)

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