Trivago (NASDAQ:TRVG) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “trivago N.V. is a technology company. It provides internet-related services and products in the fields of hotels, lodging and metasearch. trivago N.V. is based in Duesseldorf, Germany. “
A number of other research firms have also recently commented on TRVG. BidaskClub raised Trivago from a “sell” rating to a “hold” rating in a research note on Friday, January 26th. ValuEngine cut Trivago from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. SunTrust Banks began coverage on Trivago in a research note on Tuesday, January 23rd. They issued a “hold” rating on the stock. Citigroup reissued a “neutral” rating on shares of Trivago in a research note on Friday, January 5th. Finally, Deutsche Bank reissued a “buy” rating and issued a $10.00 target price on shares of Trivago in a research note on Thursday, January 4th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the company’s stock. Trivago currently has a consensus rating of “Hold” and a consensus target price of $14.70.
Trivago (NASDAQ:TRVG) last released its earnings results on Wednesday, February 7th. The technology company reported ($0.03) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.01). The firm had revenue of $181.54 million during the quarter, compared to the consensus estimate of $183.13 million. Trivago had a negative net margin of 1.30% and a negative return on equity of 1.57%. Trivago’s revenue was up 7.3% compared to the same quarter last year. research analysts predict that Trivago will post -0.07 EPS for the current fiscal year.
Large investors have recently made changes to their positions in the company. Parametric Portfolio Associates LLC grew its stake in shares of Trivago by 104.2% during the second quarter. Parametric Portfolio Associates LLC now owns 25,197 shares of the technology company’s stock valued at $596,000 after buying an additional 12,860 shares during the last quarter. Hodges Capital Management Inc. bought a new position in shares of Trivago during the fourth quarter valued at about $205,000. Northern Trust Corp bought a new position in shares of Trivago during the second quarter valued at about $897,000. Wells Fargo & Company MN grew its stake in shares of Trivago by 231.5% during the fourth quarter. Wells Fargo & Company MN now owns 40,856 shares of the technology company’s stock valued at $279,000 after buying an additional 28,531 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of Trivago by 26.7% during the third quarter. Russell Investments Group Ltd. now owns 97,087 shares of the technology company’s stock valued at $1,054,000 after buying an additional 20,489 shares during the last quarter. 7.28% of the stock is currently owned by hedge funds and other institutional investors.
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Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.
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