Trivago N.V. ADS (NASDAQ:TRVG) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Trivago N.V. ADS (NASDAQ:TRVGGet Free Report) released its quarterly earnings data on Tuesday. The technology company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.04, Zacks reports. The business had revenue of $165.40 million for the quarter, compared to analyst estimates of $165.15 million. Trivago N.V. ADS had a return on equity of 7.90% and a net margin of 2.28%.

Trivago N.V. ADS Trading Up 2.9%

Shares of TRVG opened at $2.88 on Wednesday. The stock’s 50-day moving average price is $2.83 and its two-hundred day moving average price is $2.91. Trivago N.V. ADS has a 12 month low of $2.59 and a 12 month high of $5.30. The company has a market capitalization of $203.39 million, a PE ratio of 57.60 and a beta of 0.91.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Walleye Capital LLC acquired a new position in shares of Trivago N.V. ADS in the 2nd quarter valued at about $40,000. Bank of America Corp DE grew its position in Trivago N.V. ADS by 2,050.1% in the 2nd quarter. Bank of America Corp DE now owns 11,417 shares of the technology company’s stock valued at $43,000 after purchasing an additional 10,886 shares during the period. Sei Investments Co. acquired a new position in shares of Trivago N.V. ADS during the third quarter valued at about $45,000. Cubist Systematic Strategies LLC bought a new stake in Trivago N.V. ADS during the 1st quarter worth approximately $75,000. Finally, Millennium Management LLC boosted its position in shares of Trivago N.V. ADS by 44.6% during the fourth quarter. Millennium Management LLC now owns 31,145 shares of the technology company’s stock valued at $90,000 after buying an additional 9,603 shares during the last quarter. Institutional investors and hedge funds own 4.50% of the company’s stock.

Wall Street Analysts Forecast Growth

TRVG has been the subject of a number of research reports. UBS Group dropped their target price on shares of Trivago N.V. ADS from $3.60 to $3.40 and set a “neutral” rating for the company in a report on Monday, April 27th. BTIG Research reiterated a “neutral” rating on shares of Trivago N.V. ADS in a research report on Friday, April 24th. Finally, Weiss Ratings upgraded shares of Trivago N.V. ADS from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Six analysts have rated the stock with a Hold rating, According to MarketBeat, Trivago N.V. ADS has an average rating of “Hold” and a consensus price target of $3.44.

Read Our Latest Report on Trivago N.V. ADS

Trivago N.V. ADS Company Profile

(Get Free Report)

Trivago N.V. ADS (NASDAQ: TRVG) operates as a leading online travel metasearch platform focused on helping consumers compare hotel prices worldwide. Headquartered in Düsseldorf, Germany, the company aggregates accommodation offers from hotel websites, online travel agencies and other booking platforms, enabling travelers to find optimal rates and availability across millions of properties. Its platform is accessible via desktop and mobile applications, offering user-friendly search filters, customer reviews and detailed property information to support informed booking decisions.

The company’s primary revenue model centers on cost-per-click (CPC) advertising, where accommodation providers and travel agencies bid for prominent placement in search results.

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Earnings History for Trivago N.V. ADS (NASDAQ:TRVG)

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