Trivago (NASDAQ:TRVG) Shares Up 5.6%

Trivago NV – (NASDAQ:TRVG)’s stock price shot up 5.6% on Thursday . The company traded as high as $4.03 and last traded at $3.99. 359,492 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 465,068 shares. The stock had previously closed at $3.78.

A number of brokerages have weighed in on TRVG. BidaskClub raised Trivago from a “strong sell” rating to a “sell” rating in a research report on Saturday. Wedbush set a $5.00 price target on Trivago and gave the company a “hold” rating in a research note on Thursday, May 2nd. Guggenheim upgraded Trivago from a “neutral” rating to a “buy” rating and set a $5.50 price target for the company in a research note on Tuesday, April 23rd. SunTrust Banks restated a “hold” rating and set a $6.00 price target on shares of Trivago in a research note on Tuesday, May 21st. Finally, Zacks Investment Research upgraded Trivago from a “hold” rating to a “buy” rating and set a $4.75 price target for the company in a research note on Thursday, April 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $5.31.

The company’s 50 day moving average price is $3.85. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of -60.14, a P/E/G ratio of 5.75 and a beta of 0.60. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.50 and a quick ratio of 3.50.

Trivago (NASDAQ:TRVG) last released its quarterly earnings results on Wednesday, May 1st. The technology company reported $0.02 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.02. The business had revenue of $208.76 million during the quarter, compared to the consensus estimate of $239.60 million. Trivago had a return on equity of 0.93% and a net margin of 0.94%. The business’s quarterly revenue was down 19.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.06) EPS. On average, sell-side analysts predict that Trivago NV – will post 0.09 earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in the business. Shepherd Kaplan Krochuk LLC bought a new position in shares of Trivago during the 4th quarter valued at approximately $68,000. Virtu Financial LLC bought a new position in shares of Trivago during the 1st quarter valued at approximately $62,000. D. E. Shaw & Co. Inc. bought a new position in shares of Trivago during the 4th quarter valued at approximately $87,000. Econ Financial Services Corp grew its stake in shares of Trivago by 165.2% during the 1st quarter. Econ Financial Services Corp now owns 27,670 shares of the technology company’s stock valued at $120,000 after acquiring an additional 17,237 shares during the period. Finally, Westfield Capital Management Co. LP grew its stake in shares of Trivago by 28.2% during the 1st quarter. Westfield Capital Management Co. LP now owns 90,900 shares of the technology company’s stock valued at $393,000 after acquiring an additional 20,000 shares during the period. Institutional investors and hedge funds own 9.66% of the company’s stock.

About Trivago (NASDAQ:TRVG)

trivago N.V., together with its subsidiaries, operates as a hotel and accommodation search platform. It offers online meta-search for hotels by facilitating consumers' search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.

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