trivago (NASDAQ:TRVG) Receives $2.94 Consensus PT from Brokerages

Shares of trivago (NASDAQ:TRVG) have been given an average rating of “Hold” by the five analysts that are covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $2.94.

A number of brokerages recently issued reports on TRVG. StockNews.com started coverage on shares of trivago in a research report on Saturday, February 8th. They set a “strong-buy” rating for the company. Citigroup raised their target price on shares of trivago from $2.60 to $4.50 and gave the company a “neutral” rating in a research note on Monday, March 17th.

trivago Stock Performance

TRVG stock opened at $3.49 on Friday. trivago has a fifty-two week low of $1.60 and a fifty-two week high of $5.45. The company has a market capitalization of $244.08 million, a price-to-earnings ratio of -349.00 and a beta of 1.55. The business’s 50 day moving average price is $4.18 and its two-hundred day moving average price is $2.86.

trivago (NASDAQ:TRVG) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.02. trivago had a positive return on equity of 0.09% and a negative net margin of 5.20%. Sell-side analysts forecast that trivago will post -0.08 earnings per share for the current year.

Institutional Trading of trivago

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Compagnie Lombard Odier SCmA lifted its stake in shares of trivago by 150.0% in the first quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company’s stock worth $615,000 after buying an additional 90,000 shares in the last quarter. Baader Bank Aktiengesellschaft bought a new position in trivago in the 4th quarter valued at approximately $623,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in trivago during the 4th quarter valued at $628,000. 4.50% of the stock is currently owned by 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.