trivago (NASDAQ:TRVG) Given Average Recommendation of “Hold” by Brokerages

trivago (NASDAQ:TRVG) has been given an average rating of “Hold” by the five brokerages that are covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $4.34.

TRVG has been the subject of several analyst reports. UBS Group cut their price target on trivago from $6.25 to $2.25 and set a “neutral” rating for the company in a research note on Monday, February 5th. StockNews.com upgraded shares of trivago from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. Finally, Mizuho dropped their price target on shares of trivago from $7.50 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 17th.

trivago Price Performance

Shares of trivago stock opened at $2.55 on Friday. The company’s fifty day moving average is $2.63 and its two-hundred day moving average is $3.07. trivago has a 1 year low of $2.26 and a 1 year high of $7.40.

trivago (NASDAQ:TRVG) last issued its quarterly earnings results on Tuesday, February 6th. The technology company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $98.74 million for the quarter, compared to analysts’ expectations of $98.20 million. trivago had a positive return on equity of 8.00% and a negative net margin of 34.12%. On average, sell-side analysts anticipate that trivago will post -0.08 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC lifted its position in shares of trivago by 29.9% during the 3rd quarter. Acadian Asset Management LLC now owns 2,877,620 shares of the technology company’s stock valued at $2,998,000 after acquiring an additional 663,200 shares during the period. Inflection Point Investments LLP purchased a new position in trivago in the 4th quarter valued at approximately $572,000. Cambridge Investment Research Advisors Inc. purchased a new position in trivago in the 3rd quarter valued at approximately $104,000. New York State Common Retirement Fund raised its holdings in trivago by 79.6% during the third quarter. New York State Common Retirement Fund now owns 36,219 shares of the technology company’s stock worth $38,000 after purchasing an additional 16,056 shares during the last quarter. Finally, Privium Fund Management UK Ltd purchased a new stake in trivago during the third quarter worth $37,000. 4.50% of the stock is currently owned by institutional investors and hedge funds.

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.