trivago (NASDAQ:TRVG) Given Consensus Recommendation of “Hold” by Analysts

Shares of trivago (NASDAQ:TRVG – Get Rating) have been given an average rating of “Hold” by the eight brokerages that are covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $2.08.

A number of research firms have issued reports on TRVG. Morgan Stanley reduced their price objective on trivago from $2.10 to $2.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 17th. StockNews.com downgraded trivago from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 3rd.

trivago Trading Down 2.9 %

Shares of TRVG opened at $1.68 on Wednesday. The business’s 50 day moving average is $1.41 and its 200 day moving average is $1.38. The company has a market capitalization of $602.56 million, a PE ratio of -4.80, a price-to-earnings-growth ratio of 0.56 and a beta of 1.54. trivago has a 12-month low of $0.93 and a 12-month high of $2.76.

trivago (NASDAQ:TRVG – Get Rating) last issued its earnings results on Tuesday, November 1st. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). The business had revenue of $185.15 million for the quarter, compared to the consensus estimate of $182.85 million. trivago had a negative net margin of 22.44% and a positive return on equity of 6.00%. Equities research analysts predict that trivago will post 0.1 earnings per share for the current year.

Institutional Trading of trivago

A number of large investors have recently added to or reduced their stakes in the company. Diversified Trust Co purchased a new position in shares of trivago in the 4th quarter worth approximately $39,000. Penn Capital Management Company LLC boosted its holdings in shares of trivago by 4.2% in the 3rd quarter. Penn Capital Management Company LLC now owns 1,745,175 shares of the technology company’s stock worth $2,024,000 after purchasing an additional 70,859 shares during the period. Jane Street Group LLC boosted its holdings in shares of trivago by 160.0% in the 3rd quarter. Jane Street Group LLC now owns 27,783 shares of the technology company’s stock worth $32,000 after purchasing an additional 17,099 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of trivago by 12.5% in the 3rd quarter. Renaissance Technologies LLC now owns 246,163 shares of the technology company’s stock worth $286,000 after purchasing an additional 27,263 shares during the period. Finally, HBK Sorce Advisory LLC purchased a new position in shares of trivago in the 3rd quarter worth approximately $64,000. Institutional investors own 10.89% of the company’s stock.

About trivago

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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.