Trivago (NASDAQ:TRVG) PT Lowered to $3.30

Trivago (NASDAQ:TRVG) had its price objective reduced by Mizuho from $4.00 to $3.30 in a report issued on Thursday, The Fly reports. The brokerage currently has a “neutral” rating on the technology company’s stock. Mizuho’s price target suggests a potential upside of 26.44% from the company’s current price.

Several other equities research analysts have also weighed in on TRVG. SunTrust Banks reissued a “hold” rating and issued a $4.30 price objective on shares of Trivago in a report on Monday, February 10th. ValuEngine lowered Trivago from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th. Zacks Investment Research raised Trivago from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a report on Friday, January 24th. Finally, BidaskClub raised Trivago from a “strong sell” rating to a “sell” rating in a report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. Trivago presently has a consensus rating of “Hold” and a consensus price target of $4.27.

Shares of TRVG opened at $2.61 on Thursday. The business has a 50-day moving average of $2.76 and a 200 day moving average of $3.49. Trivago has a fifty-two week low of $2.30 and a fifty-two week high of $5.80. The firm has a market cap of $918.36 million, a P/E ratio of 32.63, a price-to-earnings-growth ratio of 3.56 and a beta of 0.61. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.15 and a current ratio of 4.15.

Trivago (NASDAQ:TRVG) last announced its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. Trivago had a return on equity of 2.94% and a net margin of 3.13%. The company had revenue of $155.40 million during the quarter, compared to analyst estimates of $162.73 million. During the same quarter last year, the firm posted $0.03 EPS. The firm’s revenue for the quarter was down 6.8% on a year-over-year basis. As a group, research analysts predict that Trivago will post 0.06 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of TRVG. Parametric Portfolio Associates LLC increased its stake in Trivago by 149.1% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 101,870 shares of the technology company’s stock worth $429,000 after purchasing an additional 60,973 shares during the period. Russell Investments Group Ltd. purchased a new position in shares of Trivago during the third quarter valued at approximately $85,000. Tower Research Capital LLC TRC increased its stake in shares of Trivago by 265.2% during the third quarter. Tower Research Capital LLC TRC now owns 6,600 shares of the technology company’s stock valued at $27,000 after buying an additional 4,793 shares during the period. State Street Corp purchased a new position in shares of Trivago during the third quarter valued at approximately $71,000. Finally, Millennium Management LLC increased its stake in shares of Trivago by 585.6% during the third quarter. Millennium Management LLC now owns 85,380 shares of the technology company’s stock valued at $350,000 after buying an additional 72,926 shares during the period. Institutional investors and hedge funds own 11.47% 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.

Further Reading: Cash Flow

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