trivago (NASDAQ:TRVG – Get Free Report) had its target price cut by equities research analysts at Susquehanna from $2.50 to $2.25 in a research note issued on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the technology company’s stock. Susquehanna’s target price suggests a potential upside of 5.14% from the stock’s previous close.
Several other research analysts also recently issued reports on TRVG. Mizuho lowered their price target on shares of trivago from $4.00 to $3.50 and set a “buy” rating for the company in a report on Thursday, May 2nd. B. Riley dropped their target price on trivago from $3.30 to $3.00 and set a “neutral” rating for the company in a research report on Thursday, May 2nd. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $3.88.
View Our Latest Research Report on TRVG
trivago Trading Up 0.5 %
trivago (NASDAQ:TRVG – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). trivago had a positive return on equity of 1.28% and a negative net margin of 41.42%. The company had revenue of $110.13 million for the quarter, compared to analyst estimates of $115.47 million. As a group, equities analysts predict that trivago will post -0.08 EPS for the current fiscal year.
Hedge Funds Weigh In On trivago
A number of large investors have recently modified their holdings of the company. Quadrature Capital Ltd bought a new stake in trivago during the 4th quarter valued at $67,000. BNP Paribas Financial Markets bought a new stake in shares of trivago during the first quarter worth about $173,000. Acadian Asset Management LLC raised its holdings in shares of trivago by 10.3% in the 1st quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock worth $1,966,000 after acquiring an additional 67,053 shares during the last quarter. Tidal Investments LLC purchased a new stake in shares of trivago in the first quarter worth approximately $393,000. Finally, Inflection Point Investments LLP bought a new position in shares of trivago in the fourth quarter valued at approximately $572,000. 4.50% of the stock is currently owned by institutional investors.
trivago Company Profile
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.
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