Trivago (NASDAQ:TRVG) Upgraded by BidaskClub to Sell

Trivago (NASDAQ:TRVG) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued on Friday, BidAskClub reports.

Several other equities analysts have also issued reports on TRVG. ValuEngine raised Trivago from a “hold” rating to a “buy” rating in a research note on Tuesday, May 19th. SunTrust Banks cut their target price on shares of Trivago from $2.50 to $2.30 and set a “hold” rating on the stock in a research note on Thursday. Deutsche Bank dropped their price objective on shares of Trivago from $2.25 to $2.00 and set a “hold” rating on the stock in a report on Thursday, May 21st. BTIG Research began coverage on Trivago in a research note on Wednesday, June 10th. They issued a “neutral” rating for the company. Finally, Zacks Investment Research lowered Trivago from a “buy” rating to a “hold” rating in a research report on Friday, July 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $2.01.

TRVG stock opened at $1.82 on Friday. The company has a quick ratio of 5.71, a current ratio of 6.96 and a debt-to-equity ratio of 0.14. The firm has a market cap of $640.39 million, a price-to-earnings ratio of -2.49 and a beta of 1.35. The company’s fifty day simple moving average is $1.92 and its 200 day simple moving average is $2.00. Trivago has a 12-month low of $1.30 and a 12-month high of $5.38.

Trivago (NASDAQ:TRVG) last posted its quarterly earnings data on Tuesday, July 28th. The technology company reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.01). The business had revenue of $17.76 million during the quarter, compared to the consensus estimate of $24.74 million. Trivago had a negative return on equity of 2.46% and a negative net margin of 40.93%. Research analysts expect that Trivago will post -0.12 earnings per share for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of TRVG. Squar Milner Financial Services LLC bought a new position in Trivago in the 2nd quarter valued at about $39,000. Renaissance Technologies LLC purchased a new stake in shares of Trivago in the fourth quarter worth approximately $239,000. Acadian Asset Management LLC lifted its holdings in shares of Trivago by 64.3% in the first quarter. Acadian Asset Management LLC now owns 92,096 shares of the technology company’s stock valued at $135,000 after purchasing an additional 36,057 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Trivago by 8.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 219,750 shares of the technology company’s stock valued at $576,000 after buying an additional 18,012 shares during the last quarter. Finally, Norges Bank bought a new stake in Trivago during the fourth quarter worth $1,679,000. Institutional investors own 10.49% of the company’s stock.

About Trivago

trivago N.V., together with its subsidiaries, operates as a hotel and accommodation search platform. It offers online meta-search for hotels by facilitating consumers' search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.

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Analyst Recommendations for Trivago (NASDAQ:TRVG)

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