Trivago N.V. ADS (NASDAQ:TRVG – Get Free Report) announced its quarterly earnings results on Tuesday. The technology company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04, Zacks reports. Trivago N.V. ADS had a net margin of 2.28% and a return on equity of 7.90%. The company had revenue of $165.32 million for the quarter, compared to analysts’ expectations of $165.15 million.
Trivago N.V. ADS Stock Up 2.9%
Shares of TRVG stock opened at $2.88 on Wednesday. Trivago N.V. ADS has a 12-month low of $2.59 and a 12-month high of $5.30. The firm has a fifty day moving average of $2.83 and a 200-day moving average of $2.91. The company has a market capitalization of $203.39 million, a price-to-earnings ratio of 57.60 and a beta of 0.91.
Analyst Upgrades and Downgrades
A number of analysts recently commented on the stock. BTIG Research restated a “neutral” rating on shares of Trivago N.V. ADS in a research report on Friday, April 24th. UBS Group reduced their target price on Trivago N.V. ADS from $3.60 to $3.40 and set a “neutral” rating on the stock in a report on Monday, April 27th. Finally, Weiss Ratings raised Trivago N.V. ADS from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Six investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $3.44.
Hedge Funds Weigh In On Trivago N.V. ADS
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Par Capital Management Inc. raised its holdings in Trivago N.V. ADS by 11.0% during the fourth quarter. Par Capital Management Inc. now owns 3,970,806 shares of the technology company’s stock worth $11,515,000 after acquiring an additional 393,937 shares in the last quarter. Boothbay Fund Management LLC acquired a new position in shares of Trivago N.V. ADS during the 2nd quarter worth approximately $454,000. Marshall Wace LLP increased 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 during the last quarter. NewEdge Advisors LLC bought a new stake in shares of Trivago N.V. ADS during the 1st quarter worth approximately $258,000. Finally, Jump Financial LLC bought a new stake in shares of Trivago N.V. ADS during the 2nd quarter worth approximately $94,000. 4.50% of the stock is owned by institutional investors and hedge funds.
About Trivago N.V. ADS
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.
Further Reading
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