Trivago (TRVG) Stock Rating Lowered by JPMorgan Chase & Co.

Trivago (NASDAQ:TRVG) was downgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research report issued on Thursday.

Several other brokerages also recently issued reports on TRVG. Zacks Investment Research raised Trivago from a “sell” rating to a “hold” rating in a report on Friday, January 5th. Citigroup reissued a “neutral” rating on shares of Trivago in a report on Friday, January 5th. BidaskClub downgraded Trivago from a “hold” rating to a “sell” rating in a report on Thursday. Cowen set a $6.00 target price on Trivago and gave the company a “hold” rating in a research note on Monday, December 11th. Finally, ValuEngine downgraded Trivago from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $14.18.

Shares of Trivago stock opened at $7.12 on Thursday. The stock has a market capitalization of $2,742.59, a P/E ratio of -142.37 and a beta of 0.39. Trivago has a 1-year low of $6.45 and a 1-year high of $24.27.

Trivago (NASDAQ:TRVG) last announced its quarterly earnings results on Wednesday, February 7th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01). The company had revenue of $181.54 million during the quarter, compared to the consensus estimate of $183.13 million. Trivago had a negative return on equity of 1.57% and a negative net margin of 1.30%. Trivago’s revenue for the quarter was up 7.3% on a year-over-year basis. sell-side analysts anticipate that Trivago will post -0.07 earnings per share for the current year.

Institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its stake in Trivago by 6,049.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 122,980 shares of the technology company’s stock valued at $1,344,000 after acquiring an additional 120,980 shares in the last quarter. New York State Common Retirement Fund bought a new stake in Trivago during the 3rd quarter valued at $1,325,000. Russell Investments Group Ltd. raised its stake in Trivago by 26.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 97,087 shares of the technology company’s stock valued at $1,054,000 after acquiring an additional 20,489 shares in the last quarter. Altrinsic Global Advisors LLC bought a new stake in Trivago during the 4th quarter valued at $17,402,000. Finally, Landscape Capital Management L.L.C. raised its stake in Trivago by 70.7% during the 4th quarter. Landscape Capital Management L.L.C. now owns 342,335 shares of the technology company’s stock valued at $2,342,000 after acquiring an additional 141,808 shares in the last quarter. 7.28% of the stock is currently owned by hedge funds and other institutional investors.

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Trivago Company Profile

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.

Analyst Recommendations for Trivago (NASDAQ:TRVG)

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