trivago (NASDAQ:TRVG) Receives Consensus Recommendation of “Hold” from Analysts

Shares of trivago (NASDAQ:TRVG) have earned a consensus rating of “Hold” from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $3.03.

A number of equities analysts have issued reports on the company. UBS Group assumed coverage on trivago in a research report on Thursday, December 2nd. They set a “neutral” rating and a $2.65 price target on the stock. Citigroup lowered their price target on trivago from $2.85 to $2.30 and set a “neutral” rating on the stock in a research report on Tuesday, December 21st. Finally, DA Davidson lowered their price target on trivago from $3.25 to $3.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 2nd.

Several institutional investors have recently made changes to their positions in TRVG. LPL Financial LLC acquired a new position in shares of trivago during the second quarter valued at approximately $35,000. Boothbay Fund Management LLC acquired a new position in shares of trivago during the second quarter valued at approximately $39,000. Golden State Equity Partners acquired a new position in shares of trivago during the second quarter valued at approximately $40,000. JPMorgan Chase & Co. raised its holdings in shares of trivago by 212.5% during the second quarter. JPMorgan Chase & Co. now owns 12,514 shares of the technology company’s stock valued at $41,000 after acquiring an additional 8,510 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of trivago during the third quarter valued at approximately $73,000. 15.10% of the stock is owned by institutional investors and hedge funds.

Shares of TRVG opened at $2.25 on Friday. trivago has a 52 week low of $1.93 and a 52 week high of $5.88. The company has a market capitalization of $805.10 million, a price-to-earnings ratio of -75.00 and a beta of 1.76. The stock’s 50-day moving average price is $2.28 and its 200-day moving average price is $2.62.

trivago (NASDAQ:TRVG) last issued its earnings results on Monday, November 1st. The technology company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. trivago had a negative return on equity of 2.01% and a negative net margin of 4.37%. The firm had revenue of $163.47 million for the quarter, compared to the consensus estimate of $155.64 million. During the same quarter in the prior year, the business earned ($0.01) earnings per share. Equities research analysts expect that trivago will post 0.03 EPS for the current fiscal year.

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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Analyst Recommendations for trivago (NASDAQ:TRVG)

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