Trivago N.V. ADS (NASDAQ:TRVG) Issues Earnings Results, Beats Estimates By $0.02 EPS

Trivago N.V. ADS (NASDAQ:TRVG) posted its quarterly earnings results on Tuesday. The technology company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.02, FiscalAI reports. Trivago N.V. ADS had a return on equity of 7.76% and a net margin of 2.19%. The company had revenue of $218.06 million for the quarter, compared to analysts’ expectations of $216.56 million.

Trivago N.V. ADS Stock Down 3.3%

Trivago N.V. ADS stock traded down $0.12 during midday trading on Tuesday, reaching $3.52. 50,430 shares of the stock traded hands, compared to its average volume of 94,259. The stock has a market cap of $248.58 million, a P/E ratio of 58.67 and a beta of 0.95. The stock’s fifty day moving average is $5.01 and its 200-day moving average is $4.06. Trivago N.V. ADS has a 12 month low of $2.59 and a 12 month high of $6.80.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on TRVG shares. Mizuho increased their price objective on shares of Trivago N.V. ADS from $3.00 to $5.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Weiss Ratings raised shares of Trivago N.V. ADS from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 19th. Susquehanna upped their target price on shares of Trivago N.V. ADS from $3.25 to $5.50 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Zacks Research cut shares of Trivago N.V. ADS from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Finally, UBS Group reduced their price target on shares of Trivago N.V. ADS from $6.00 to $4.80 and set a “neutral” rating on the stock in a report on Tuesday. One analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $5.33.

Insider Transactions at Trivago N.V. ADS

In other Trivago N.V. ADS news, Director Joana Breidenbach sold 35,000 shares of Trivago N.V. ADS stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $5.16, for a total value of $180,600.00. Following the sale, the director owned 16,725 shares of the company’s stock, valued at $86,301. The trade was a 67.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 6.50% of the stock is currently owned by insiders.

About Trivago N.V. ADS

Trivago N.V. operates a global hotel and accommodation metasearch platform. Through its website and mobile applications, the company enables travelers to compare prices, locations, ratings, amenities and other details for hotels and alternative accommodations listed across online booking sites and other travel providers.

Trivago generally does not provide the underlying lodging itself. Instead, it directs users to partner websites to complete reservations and generates revenue primarily through referral and advertising arrangements.