trivago (NASDAQ:TRVG) Coverage Initiated by Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of trivago (NASDAQ:TRVG) in a research report issued to clients and investors on Saturday. The firm set a “strong-buy” rating on the technology company’s stock.

Other equities research analysts also recently issued research reports about the stock. UBS Group decreased their price target on shares of trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Susquehanna reduced their price objective on trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2.55.

trivago Price Performance

Shares of TRVG opened at $4.41 on Friday. The firm has a market cap of $308.44 million, a P/E ratio of -62.99 and a beta of 1.76. trivago has a 1 year low of $1.60 and a 1 year high of $4.46. The company has a 50 day simple moving average of $2.51 and a two-hundred day simple moving average of $2.08.

trivago (NASDAQ:TRVG) last posted its earnings results on Tuesday, February 4th. The technology company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.02. trivago had a negative net margin of 5.77% and a negative return on equity of 1.20%. On average, sell-side analysts anticipate that trivago will post 0.1 earnings per share for the current year.

Institutional Investors Weigh In On trivago

A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft purchased a new stake in shares of trivago (NASDAQ:TRVG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned 0.41% of trivago at the end of the most recent quarter. Hedge funds and other institutional investors own 4.50% of the company’s stock.

trivago Company Profile

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.