Trivago (NASDAQ:TRVG) Upgraded at BidaskClub

BidaskClub upgraded shares of Trivago (NASDAQ:TRVG) from a strong sell rating to a sell rating in a research note published on Saturday, June 29th, BidAskClub reports.

A number of other equities analysts also recently issued reports on the stock. Wedbush reissued a buy rating on shares of Liquidia Technologies in a report on Thursday, May 2nd. Guggenheim restated a buy rating and set a $157.00 target price on shares of Walt Disney in a research note on Tuesday, April 23rd. SunTrust Banks restated a buy rating and set a $25.00 target price on shares of Cardlytics in a research note on Tuesday, May 21st. Finally, Zacks Investment Research cut shares of Hollysys Automation Technologies from a hold rating to a sell rating in a research note on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $5.25.

NASDAQ TRVG traded down $0.05 during trading on Friday, hitting $4.06. The company had a trading volume of 384,155 shares, compared to its average volume of 240,936. The firm has a market capitalization of $1.42 billion, a P/E ratio of -58.00, a price-to-earnings-growth ratio of 5.85 and a beta of 0.78. The company has a current ratio of 3.50, a quick ratio of 3.50 and a debt-to-equity ratio of 0.11. Trivago has a one year low of $3.41 and a one year high of $7.54. The stock has a fifty day simple moving average of $3.90.

Trivago (NASDAQ:TRVG) last announced its quarterly earnings results on Wednesday, May 1st. The technology company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.02. The firm had revenue of $208.76 million for the quarter, compared to the consensus estimate of $239.60 million. Trivago had a net margin of 0.94% and a return on equity of 0.93%. The business’s quarterly revenue was down 19.5% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.06) EPS. As a group, equities research analysts expect that Trivago will post 0.09 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the company. Shepherd Kaplan Krochuk LLC bought a new stake in Trivago in the fourth quarter worth $68,000. Norges Bank purchased a new position in Trivago during the fourth quarter worth $3,608,000. Marshall Wace North America L.P. boosted its stake in Trivago by 4,997.0% during the first quarter. Marshall Wace North America L.P. now owns 201,281 shares of the technology company’s stock worth $869,000 after buying an additional 197,332 shares during the period. Westfield Capital Management Co. LP boosted its stake in Trivago by 28.2% during the first quarter. Westfield Capital Management Co. LP now owns 90,900 shares of the technology company’s stock worth $393,000 after buying an additional 20,000 shares during the period. Finally, Marshall Wace LLP purchased a new position in Trivago during the first quarter worth $3,989,000. Hedge funds and other institutional investors own 9.66% of the company’s stock.

Trivago Company Profile

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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