BidaskClub Downgrades Trivago (TRVG) to Sell

Trivago (NASDAQ:TRVG) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Thursday.

A number of other brokerages have also weighed in on TRVG. Zacks Investment Research raised Trivago from a “sell” rating to a “hold” rating in a report on Tuesday, March 13th. ValuEngine lowered Trivago from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Mizuho assumed coverage on Trivago in a report on Wednesday. They issued a “buy” rating and a $9.00 price objective on the stock. SunTrust Banks assumed coverage on Trivago in a report on Tuesday, January 23rd. They issued a “hold” rating on the stock. Finally, Citigroup reaffirmed a “neutral” rating on shares of Trivago in a report on Friday, January 5th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $14.18.

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

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

Several hedge funds have recently bought and sold shares of TRVG. Altrinsic Global Advisors LLC acquired a new stake in shares of Trivago during the 4th quarter valued at approximately $17,402,000. Artisan Partners Limited Partnership acquired a new position in shares of Trivago during the 3rd quarter worth approximately $6,954,000. Two Sigma Investments LP raised its position in shares of Trivago by 327.3% during the 4th quarter. Two Sigma Investments LP now owns 553,815 shares of the technology company’s stock worth $3,788,000 after purchasing an additional 424,211 shares during the last quarter. Penserra Capital Management LLC raised its position in shares of Trivago by 262.1% during the 4th quarter. Penserra Capital Management LLC now owns 277,831 shares of the technology company’s stock worth $1,900,000 after purchasing an additional 201,096 shares during the last quarter. Finally, Landscape Capital Management L.L.C. raised its position in shares of 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 worth $2,342,000 after purchasing an additional 141,808 shares during the last quarter. Institutional investors own 7.28% of the company’s stock.

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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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