Trivago NV – (TRVG) Receives $18.44 Average Price Target from Analysts
Shares of Trivago NV – (NASDAQ:TRVG) have received an average recommendation of “Hold” from the twelve brokerages that are covering the firm, Marketbeat reports. Nine equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $18.44.
A number of brokerages recently commented on TRVG. Zacks Investment Research upgraded shares of Trivago NV – from a “sell” rating to a “hold” rating in a research note on Friday. Guggenheim reiterated a “buy” rating and set a $15.00 target price (down previously from $25.00) on shares of Trivago NV – in a research note on Thursday, September 7th. J P Morgan Chase & Co reiterated a “buy” rating and set a $16.00 target price (down previously from $23.00) on shares of Trivago NV – in a research note on Thursday, September 7th. Bank of America Corporation downgraded shares of Trivago NV – from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $22.00 to $14.00 in a research note on Thursday, September 7th. Finally, Cowen and Company reiterated a “market perform” rating and set a $18.00 target price (down previously from $20.00) on shares of Trivago NV – in a research note on Wednesday, August 9th.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TRVG. Creative Planning boosted its stake in Trivago NV – by 87.1% in the second quarter. Creative Planning now owns 4,360 shares of the technology company’s stock valued at $103,000 after acquiring an additional 2,030 shares in the last quarter. Thompson Davis & CO. Inc. acquired a new position in Trivago NV – in the second quarter valued at $124,000. Parametric Portfolio Associates LLC acquired a new position in Trivago NV – in the first quarter valued at $161,000. Sei Investments Co. acquired a new position in Trivago NV – in the first quarter valued at $179,000. Finally, Independent Portfolio Consultants Inc. acquired a new position in Trivago NV – in the second quarter valued at $190,000. Institutional investors own 13.63% of the company’s stock.
Shares of Trivago NV – (NASDAQ:TRVG) traded up 0.35% during mid-day trading on Friday, reaching $11.44. The company’s stock had a trading volume of 1,314,638 shares. The stock has a market cap of $4.00 billion and a P/E ratio of 44.00. Trivago NV – has a one year low of $10.43 and a one year high of $24.27. The stock has a 50 day moving average of $16.96 and a 200-day moving average of $16.89.
Trivago NV – (NASDAQ:TRVG) last posted its quarterly earnings results on Friday, August 4th. The technology company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.02). The business had revenue of $298.30 million during the quarter, compared to analyst estimates of $293.16 million. Trivago NV – had a negative return on equity of 1.38% and a negative net margin of 1.13%. The business’s revenue for the quarter was up 66.6% compared to the same quarter last year. On average, equities research analysts expect that Trivago NV – will post $0.08 EPS for the current fiscal year.
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Trivago NV – Company Profile
Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.
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