trivago (NASDAQ:TRVG) Given Average Rating of “Hold” by Brokerages

trivago (NASDAQ:TRVG) has been assigned a consensus recommendation of “Hold” from the five brokerages that are presently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $4.34.

A number of equities analysts have weighed in on TRVG shares. UBS Group reduced their price objective on trivago from $6.25 to $2.25 and set a “neutral” rating for the company in a research note on Monday, February 5th. StockNews.com raised trivago from a “hold” rating to a “buy” rating in a report on Thursday, February 8th. B. Riley raised their price objective on shares of trivago from $1.40 to $3.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 26th. Finally, Mizuho decreased their target price on shares of trivago from $7.50 to $6.00 and set a “neutral” rating for the company in a research note on Wednesday, January 17th.

Institutional Trading of trivago

Several institutional investors have recently bought and sold shares of the business. Acadian Asset Management LLC raised its stake in shares of trivago by 253.7% during the 1st quarter. Acadian Asset Management LLC now owns 81,837 shares of the technology company’s stock worth $192,000 after buying an additional 58,698 shares during the period. Renaissance Group LLC acquired a new position in trivago during the first quarter worth $1,135,000. Renaissance Technologies LLC purchased a new position in trivago during the first quarter valued at $425,000. Goldman Sachs Group Inc. acquired a new stake in shares of trivago in the first quarter valued at about $140,000. Finally, Penn Capital Management Company LLC purchased a new stake in shares of trivago during the first quarter worth about $2,418,000. 4.50% of the stock is owned by institutional investors and hedge funds.

trivago Trading Up 2.2 %

TRVG opened at $2.77 on Monday. trivago has a 12-month low of $2.26 and a 12-month high of $7.75. The firm has a 50 day moving average of $2.55 and a two-hundred day moving average of $3.40. The firm has a market capitalization of $189.36 million and a PE ratio of -1.05.

trivago (NASDAQ:TRVG) last issued its earnings results on Tuesday, February 6th. The technology company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. The firm had revenue of $98.74 million during the quarter, compared to analysts’ expectations of $98.20 million. trivago had a negative net margin of 34.12% and a positive return on equity of 8.00%. As a group, analysts predict that trivago will post -0.08 EPS for the current fiscal year.

About trivago

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.