trivago (NASDAQ:TRVG) Given Average Recommendation of “Hold” by Analysts

trivago (NASDAQ:TRVG) has been assigned an average recommendation of “Hold” from the five brokerages that are presently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $3.93.

A number of equities analysts have recently commented on the stock. B. Riley dropped their price target on shares of trivago from $3.30 to $3.00 and set a “neutral” rating on the stock in a research report on Thursday, May 2nd. Mizuho dropped their price objective on trivago from $4.00 to $3.50 and set a “buy” rating for the company in a research note on Thursday, May 2nd.

trivago Price Performance

NASDAQ:TRVG opened at $2.03 on Wednesday. The stock has a market cap of $141.45 million, a P/E ratio of -0.72 and a beta of 1.63. The firm has a 50-day moving average of $2.27 and a two-hundred day moving average of $2.46. trivago has a 1-year low of $1.98 and a 1-year high of $7.40.

trivago (NASDAQ:TRVG) last announced its earnings results on Tuesday, April 30th. The technology company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.01). The business had revenue of $110.13 million for the quarter, compared to the consensus estimate of $115.47 million. trivago had a negative net margin of 38.54% and a positive return on equity of 4.40%. As a group, equities analysts expect that trivago will post -0.08 earnings per share for the current year.

Hedge Funds Weigh In On trivago

Institutional investors have recently modified their holdings of the stock. Quadrature Capital Ltd purchased a new position in trivago in the fourth quarter valued at $67,000. BNP Paribas Financial Markets acquired a new stake in trivago in the 1st quarter valued at about $173,000. Acadian Asset Management LLC increased its stake in shares of trivago by 10.3% during the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock worth $1,966,000 after buying an additional 67,053 shares during the period. Tidal Investments LLC purchased a new stake in shares of trivago in the 1st quarter valued at approximately $393,000. Finally, Inflection Point Investments LLP acquired a new position in shares of trivago during the fourth quarter worth $572,000. 4.50% of the stock is owned by hedge funds and other institutional investors.

About trivago

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.