Trivago (TRVG) Shares Down 5.8%

Trivago NV – (NASDAQ:TRVG) traded down 5.8% during mid-day trading on Wednesday . The stock traded as low as $3.88 and last traded at $3.88. 1,048,697 shares traded hands during trading, an increase of 98% from the average session volume of 529,320 shares. The stock had previously closed at $4.12.

Several equities research analysts have issued reports on the company. Wedbush set a $5.00 price objective on Trivago and gave the stock a “hold” rating in a report on Thursday, May 2nd. Guggenheim upgraded Trivago from a “neutral” rating to a “buy” rating and set a $5.50 price objective on the stock in a report on Tuesday, April 23rd. Zacks Investment Research upgraded Trivago from a “hold” rating to a “buy” rating and set a $4.75 price objective on the stock in a report on Thursday, April 11th. Finally, BidaskClub downgraded Trivago from a “sell” rating to a “strong sell” rating in a report on Friday, February 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $5.08.

The company has a quick ratio of 3.50, a current ratio of 3.50 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $1.40 billion, a PE ratio of -55.43, a P/E/G ratio of 5.93 and a beta of 0.20.

Trivago (NASDAQ:TRVG) last issued its earnings results on Wednesday, May 1st. The technology company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. The company had revenue of $208.76 million during the quarter, compared to analyst estimates of $239.60 million. Trivago had a return on equity of 0.93% and a net margin of 0.94%. The business’s revenue was down 19.5% on a year-over-year basis. During the same quarter last year, the firm earned ($0.06) EPS. On average, analysts forecast that Trivago NV – will post 0.09 EPS for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. Econ Financial Services Corp acquired a new position in shares of Trivago in the 4th quarter worth approximately $59,000. Virtu Financial LLC acquired a new position in shares of Trivago in the 1st quarter worth approximately $62,000. Shepherd Kaplan Krochuk LLC acquired a new position in shares of Trivago in the 4th quarter worth approximately $68,000. D. E. Shaw & Co. Inc. acquired a new position in shares of Trivago in the 4th quarter worth approximately $87,000. Finally, Bayesian Capital Management LP acquired a new position in shares of Trivago in the 1st quarter worth approximately $89,000. Institutional investors own 9.84% of the company’s stock.

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Trivago Company Profile (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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