Trivago N.V. ADS (NASDAQ:TRVG) Announces Quarterly Earnings Results

Key Points

• Trivago N.V. ADS reported an earnings per share (EPS) of ($0.02), exceeding analyst estimates by $0.05.
• The company's stock price rose to $4.84 after the earnings announcement, despite a 12-month low of $1.60 and a high of $5.83.
• Analysts have a consensus rating of "Hold" for Trivago, with an average price target of $4.73, and two analysts upgraded the stock to a "buy" rating.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) issued its earnings results on Tuesday. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.05, Zacks reports. The company had revenue of $158.02 million for the quarter, compared to analyst estimates of $137.14 million. Trivago N.V. ADS had a negative net margin of 4.93% and a negative return on equity of 0.46%.

Trivago N.V. ADS Stock Up 0.8%

Trivago N.V. ADS stock traded up $0.03 during midday trading on Friday, hitting $3.57. 155,036 shares of the stock were exchanged, compared to its average volume of 99,859. The company has a fifty day simple moving average of $3.87 and a two-hundred day simple moving average of $4.00. Trivago N.V. ADS has a 52 week low of $1.60 and a 52 week high of $5.83. The stock has a market capitalization of $251.01 million, a PE ratio of -357.00 and a beta of 1.44.

Institutional Trading of Trivago N.V. ADS

A hedge fund recently bought a new stake in Trivago N.V. ADS stock. Cubist Systematic Strategies LLC bought a new position in shares of Trivago N.V. ADS (NASDAQ:TRVG - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 18,245 shares of the technology company's stock, valued at approximately $75,000. Institutional investors and hedge funds own 4.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on TRVG shares. B. Riley raised shares of Trivago N.V. ADS from a "neutral" rating to a "buy" rating and raised their target price for the company from $4.00 to $5.50 in a research note on Thursday, May 1st. Susquehanna reduced their target price on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a "neutral" rating on the stock in a research note on Thursday. UBS Group raised their target price on shares of Trivago N.V. ADS from $3.10 to $3.40 and gave the company a "neutral" rating in a research note on Monday, April 28th. Finally, Wall Street Zen upgraded shares of Trivago N.V. ADS from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Trivago N.V. ADS presently has a consensus rating of "Hold" and a consensus target price of $4.35.

About Trivago N.V. ADS

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.