trivago (NASDAQ:TRVG) Releases Earnings Results, Beats Estimates By $0.02 EPS

trivago (NASDAQ:TRVG) announced its quarterly earnings results on Tuesday. The technology company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02, Zacks reports. trivago had a negative net margin of 5.77% and a negative return on equity of 1.20%.

trivago Price Performance

NASDAQ:TRVG traded up $0.05 on Tuesday, reaching $3.06. The stock had a trading volume of 190,901 shares, compared to its average volume of 72,884. The company has a market cap of $214.02 million, a price-to-earnings ratio of -43.71 and a beta of 1.76. trivago has a 12-month low of $1.60 and a 12-month high of $3.29. The firm’s fifty day moving average is $2.44 and its two-hundred day moving average is $2.06.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. UBS Group dropped their price objective on trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Susquehanna lowered their target price on shares of trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Finally, StockNews.com started coverage on trivago in a research note on Friday. They set a “buy” rating for the company. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, trivago currently has a consensus rating of “Hold” and a consensus target price of $2.55.

trivago Company Profile

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.