trivago (NASDAQ:TRVG) Price Target Cut to $3.00 by Analysts at Mizuho

trivago (NASDAQ:TRVG – Get Rating) had its price target decreased by research analysts at Mizuho from $3.60 to $3.00 in a report issued on Thursday, The Fly reports. Mizuho’s target price points to a potential upside of 48.51% from the company’s current price.

A number of other equities research analysts have also issued reports on the company. Citigroup reduced their target price on trivago from $2.65 to $2.50 and set a “neutral” rating on the stock in a research note on Wednesday, April 20th. StockNews.com lowered trivago from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research lowered trivago from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 27th. Finally, TheStreet raised trivago from a “d+” rating to a “c-” rating in a research note on Friday, March 25th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $2.89.

TRVG stock opened at $2.02 on Thursday. trivago has a 1 year low of $1.91 and a 1 year high of $4.17. The stock’s 50 day moving average price is $2.19 and its 200 day moving average price is $2.28. The firm has a market cap of $724.51 million, a P/E ratio of 67.36 and a beta of 1.63.

trivago (NASDAQ:TRVG – Get Rating) last posted its earnings results on Tuesday, February 8th. The technology company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.04. trivago had a return on equity of 3.38% and a net margin of 1.72%. The firm had revenue of $105.45 million for the quarter, compared to analyst estimates of $102.46 million. During the same quarter in the prior year, the company earned ($0.02) EPS. On average, analysts anticipate that trivago will post 0.1 EPS for the current year.

Several institutional investors have recently modified their holdings of the business. CSS LLC IL lifted its stake in shares of trivago by 13.7% during the 3rd quarter. CSS LLC IL now owns 36,874 shares of the technology company’s stock worth $91,000 after purchasing an additional 4,444 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of trivago by 2.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 162,079 shares of the technology company’s stock worth $353,000 after buying an additional 4,642 shares during the last quarter. Forum Financial Management LP acquired a new stake in shares of trivago during the 4th quarter worth $26,000. Fulton Bank N.A. acquired a new stake in shares of trivago during the 1st quarter worth $29,000. Finally, Compagnie Lombard Odier SCmA increased its holdings in shares of trivago by 25.0% during the 1st quarter. Compagnie Lombard Odier SCmA now owns 100,000 shares of the technology company’s stock worth $236,000 after buying an additional 20,000 shares during the last quarter. 9.00% of the stock is currently owned by institutional investors.

trivago Company Profile (Get Rating)

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels. The company provides access to its platform through 53 localized websites and apps in 31 languages.

Featured Stories