Trivago N.V. ADS (NASDAQ:TRVG) Cut to "Hold" at Zacks Research

Key Points

• Zacks Research downgraded Trivago from “strong buy” to “hold,” joining a broader analyst consensus of “hold.” Seven analysts rate the stock Hold and one rates it Buy, with an average price target of $5.57.
• Trivago shares opened at $4.42, compared with a 52-day moving average of $5.51 and a 52-week range of $2.59 to $6.80. The company has a market capitalization of approximately $312 million and a P/E ratio of 73.67.
• The company reported quarterly revenue of $192.2 million and a loss of $0.06 per share. Separately, director Joana Breidenbach sold 35,000 shares, while Sei Investments increased its Trivago stake by 294.1%.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) was downgraded by investment analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research report issued on Monday, Zacks reports.

• Trivago NASDAQ: TRVG Stock a Forgotten Travel Recovery Play

Several other research firms also recently commented on TRVG. Mizuho increased their target price on shares of Trivago N.V. ADS from $3.00 to $5.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 11th. Wall Street Zen raised shares of Trivago N.V. ADS to a "hold" rating in a research report on Saturday, June 27th. UBS Group upped their target price on Trivago N.V. ADS from $3.40 to $6.00 and gave the company a "neutral" rating in a research note on Thursday, July 30th. Susquehanna lifted their price objective on Trivago N.V. ADS from $3.25 to $5.50 and gave the company a "neutral" rating in a report on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of Trivago N.V. ADS from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $5.57.

Trivago N.V. ADS Stock Performance

Shares of TRVG opened at $4.42 on Monday. The company's 50 day moving average price is $5.51 and its 200 day moving average price is $4.45. Trivago N.V. ADS has a 52 week low of $2.59 and a 52 week high of $6.80. The company has a market capitalization of $312.14 million, a PE ratio of 73.67 and a beta of 0.95.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 1st. The technology company reported ($0.06) earnings per share for the quarter. Trivago N.V. ADS had a return on equity of 7.76% and a net margin of 2.19%.The company had revenue of $192.20 million during the quarter. On average, equities analysts forecast that Trivago N.V. ADS will post 0.08 earnings per share for the current fiscal year.

Insider Activity at Trivago N.V. ADS

In other news, Director Joana Breidenbach sold 35,000 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $5.16, for a total value of $180,600.00. Following the transaction, the director owned 16,725 shares of the company's stock, valued at $86,301. This represents a 67.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 6.50% of the company's stock.

Institutional Trading of Trivago N.V. ADS

An institutional investor recently raised its position in Trivago N.V. ADS stock. Sei Investments Co. boosted its stake in shares of Trivago N.V. ADS (NASDAQ:TRVG - Free Report) by 294.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 53,707 shares of the technology company's stock after buying an additional 40,080 shares during the period. Sei Investments Co. owned approximately 0.08% of Trivago N.V. ADS worth $146,000 as of its most recent filing with the SEC. 4.50% of the stock is currently owned by hedge funds and other institutional investors.

Trivago N.V. ADS Company Profile

Trivago N.V. is a global hotel and accommodation metasearch company headquartered in Düsseldorf, Germany. Its websites and mobile applications allow users to search and compare lodging options from a broad range of online travel agencies, hotel chains and independent properties. Trivago helps travelers evaluate accommodations using information such as prices, location, amenities, guest ratings and reviews.

The company generally directs users to hotel and travel-booking providers to complete reservations rather than serving as the primary booking merchant.

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