Trivago N.V. ADS (NASDAQ:TRVG) Releases Earnings Results, Beats Estimates By $0.02 EPS

Key Points

• Trivago reported quarterly EPS of $0.06, beating the $0.04 consensus estimate by $0.02; revenue of $218.06 million also topped expectations of $216.56 million.
• Shares fell 3.3% on Tuesday to $3.52 despite the earnings beat.
• Analysts maintain a consensus Hold rating, with an average price target of $5.33; director Joana Breidenbach also sold 35,000 shares.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) posted its quarterly earnings results on Tuesday. The technology company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.02, FiscalAI reports. The business had revenue of $218.06 million for the quarter, compared to the consensus estimate of $216.56 million. Trivago N.V. ADS had a net margin of 2.19% and a return on equity of 7.76%.

Trivago N.V. ADS Stock Down 3.3%

• Trivago NASDAQ: TRVG Stock a Forgotten Travel Recovery Play

Shares of NASDAQ:TRVG traded down $0.12 during trading on Tuesday, reaching $3.52. The stock had a trading volume of 50,430 shares, compared to its average volume of 94,259. Trivago N.V. ADS has a 52 week low of $2.59 and a 52 week high of $6.80. The firm has a market capitalization of $248.58 million, a price-to-earnings ratio of 58.67 and a beta of 0.95. The stock has a fifty day simple moving average of $5.01 and a two-hundred day simple moving average of $4.06.

Insider Buying and Selling at Trivago N.V. ADS

In related news, Director Joana Breidenbach sold 35,000 shares of the company's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $5.16, for a total transaction of $180,600.00. Following the completion of the sale, the director directly owned 16,725 shares of the company's stock, valued at approximately $86,301. This represents a 67.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. UBS Group lowered their target price on Trivago N.V. ADS from $6.00 to $4.80 and set a "neutral" rating on the stock in a research note on Tuesday. Weiss Ratings upgraded Trivago N.V. ADS from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, August 19th. Zacks Research lowered shares of Trivago N.V. ADS from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 5th. Mizuho lifted their target price on shares of Trivago N.V. ADS from $3.00 to $5.00 and gave the company a "neutral" rating in a research note on Tuesday, August 11th. Finally, B. Riley Financial boosted their target price on shares of Trivago N.V. ADS from $6.00 to $8.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Trivago N.V. ADS presently has a consensus rating of "Hold" and an average price target of $5.33.

About Trivago N.V. ADS

Trivago N.V. operates a global hotel and accommodation metasearch platform. Through its website and mobile applications, the company enables travelers to compare prices, locations, ratings, amenities and other details for hotels and alternative accommodations listed across online booking sites and other travel providers.

Trivago generally does not provide the underlying lodging itself. Instead, it directs users to partner websites to complete reservations and generates revenue primarily through referral and advertising arrangements.

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