Trivago N.V. ADS (NASDAQ:TRVG) Posts Earnings Results, Misses Expectations By $0.06 EPS

Trivago N.V. ADS (NASDAQ:TRVG) released its earnings results on Tuesday. The technology company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.06), Zacks reports. Trivago N.V. ADS had a negative return on equity of 0.46% and a negative net margin of 4.93%.

Trivago N.V. ADS Trading Up 1.0%

Shares of NASDAQ TRVG traded up $0.03 during midday trading on Tuesday, reaching $3.05. 37,951 shares of the company were exchanged, compared to its average volume of 32,738. The stock has a market cap of $214.66 million, a P/E ratio of -305.00 and a beta of 1.39. The stock has a fifty day simple moving average of $3.25 and a 200 day simple moving average of $3.71. Trivago N.V. ADS has a 1 year low of $1.64 and a 1 year high of $5.83.

Analysts Set New Price Targets

Several equities analysts recently commented on TRVG shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Trivago N.V. ADS in a report on Thursday, October 30th. Susquehanna dropped their price target on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a “neutral” rating on the stock in a research note on Thursday, August 7th. Wall Street Zen lowered shares of Trivago N.V. ADS from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Finally, Mizuho began coverage on shares of Trivago N.V. ADS in a research note on Tuesday, September 30th. They issued a “neutral” rating and a $3.50 price target on the stock. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $4.18.

Institutional Investors Weigh In On Trivago N.V. ADS

Institutional investors have recently added to or reduced their stakes in the business. Boothbay Fund Management LLC purchased a new position in shares of Trivago N.V. ADS during the 2nd quarter worth approximately $454,000. Marshall Wace LLP boosted its position in shares of Trivago N.V. ADS by 272.6% during the 2nd quarter. Marshall Wace LLP now owns 137,638 shares of the technology company’s stock worth $519,000 after purchasing an additional 100,699 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Trivago N.V. ADS during the 1st quarter worth $258,000. Jump Financial LLC purchased a new stake in shares of Trivago N.V. ADS during the 2nd quarter worth $94,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Trivago N.V. ADS during the 1st quarter worth $75,000. Hedge funds and other institutional investors own 4.50% of the company’s stock.

About Trivago N.V. ADS

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.