Trivago NV – (TRVG) Expected to Announce Quarterly Sales of $317.17 Million

Equities research analysts forecast that Trivago NV – (NASDAQ:TRVG) will post sales of $317.17 million for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Trivago’s earnings, with the lowest sales estimate coming in at $312.39 million and the highest estimate coming in at $321.01 million. Trivago reported sales of $285.14 million in the same quarter last year, which indicates a positive year-over-year growth rate of 11.2%. The business is scheduled to issue its next earnings report on Monday, May 21st.

On average, analysts expect that Trivago will report full year sales of $317.17 million for the current year, with estimates ranging from $1.34 billion to $1.37 billion. For the next financial year, analysts anticipate that the firm will post sales of $1.59 billion per share, with estimates ranging from $1.53 billion to $1.65 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for Trivago.

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Trivago (NASDAQ:TRVG) last released its earnings results on Wednesday, February 7th. The technology company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The company had revenue of $181.54 million for the quarter, compared to analysts’ expectations of $183.13 million. Trivago had a negative return on equity of 1.57% and a negative net margin of 1.30%. Trivago’s quarterly revenue was up 7.3% compared to the same quarter last year.

A number of analysts have recently commented on TRVG shares. Deutsche Bank raised shares of Trivago from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a research note on Friday, December 8th. Cowen set a $6.00 target price on shares of Trivago and gave the stock a “hold” rating in a research note on Monday, December 11th. Zacks Investment Research cut shares of Trivago from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. BidaskClub upgraded shares of Trivago from a “strong sell” rating to a “sell” rating in a research report on Friday, January 5th. Finally, Citigroup restated a “neutral” rating on shares of Trivago in a research report on Friday, January 5th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $14.18.

Shares of TRVG stock opened at $7.12 on Friday. The company has a market cap of $2,595.29, a PE ratio of -142.37 and a beta of 0.39. Trivago has a one year low of $6.45 and a one year high of $24.27.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Two Sigma Investments LP boosted its position in Trivago by 327.3% during the fourth quarter. Two Sigma Investments LP now owns 553,815 shares of the technology company’s stock worth $3,788,000 after acquiring an additional 424,211 shares during the last quarter. Two Sigma Advisers LP boosted its position in Trivago by 21.1% during the fourth quarter. Two Sigma Advisers LP now owns 351,900 shares of the technology company’s stock worth $2,407,000 after acquiring an additional 61,200 shares during the last quarter. Profund Advisors LLC acquired a new position in Trivago during the fourth quarter worth about $951,000. Landscape Capital Management L.L.C. boosted its holdings in Trivago by 70.7% in 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 purchasing an additional 141,808 shares during the last quarter. Finally, Altrinsic Global Advisors LLC acquired a new position in Trivago in the 4th quarter valued at about $17,402,000. Hedge funds and other 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.

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