Susquehanna Bancshares Inc reaffirmed their neutral rating on shares of Trivago N.V. ADS (NASDAQ:TRVG) in a research note issued to investors on Wednesday morning. They currently have a $21.00 target price on the technology company’s stock, down from their prior target price of $23.00.
TRVG has been the topic of a number of other reports. Zacks Investment Research raised Trivago N.V. ADS from a hold rating to a buy rating and set a $17.00 price objective on the stock in a research note on Wednesday, April 26th. Morgan Stanley reaffirmed an overweight rating and set a $25.00 price objective on shares of Trivago N.V. ADS in a research note on Saturday, July 22nd. Wells Fargo & Company started coverage on Trivago N.V. ADS in a research note on Wednesday, July 12th. They set a market perform rating and a $23.00 price objective on the stock. ValuEngine raised Trivago N.V. ADS from a sell rating to a hold rating in a research note on Friday, June 2nd. Finally, Bank of America Corporation reaffirmed a neutral rating and set a $24.00 price objective (up from $18.00) on shares of Trivago N.V. ADS in a research note on Wednesday, May 17th. Nine analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Trivago N.V. ADS presently has a consensus rating of Hold and an average target price of $21.18.
Shares of Trivago N.V. ADS (TRVG) traded up 2.05% on Wednesday, reaching $16.41. The company’s stock had a trading volume of 1,056,701 shares. Trivago N.V. ADS has a 12 month low of $10.88 and a 12 month high of $24.27. The stock has a 50 day moving average of $21.26 and a 200-day moving average of $16.47. The firm has a market cap of $5.74 billion and a price-to-earnings ratio of 62.63.
Trivago N.V. ADS (NASDAQ:TRVG) last announced its quarterly earnings data on Friday, August 4th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.01 by $0.02. The firm had revenue of $298.30 million during the quarter, compared to analysts’ expectations of $293.16 million. The company’s revenue was up 66.6% compared to the same quarter last year. On average, analysts anticipate that Trivago N.V. ADS will post $0.09 EPS for the current year.
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Several hedge funds have recently bought and sold shares of TRVG. Creative Planning raised its stake in Trivago N.V. ADS by 87.1% in the second quarter. Creative Planning now owns 4,360 shares of the technology company’s stock worth $103,000 after buying an additional 2,030 shares in the last quarter. Kornitzer Capital Management Inc. KS raised its stake in Trivago N.V. ADS by 4.8% in the first quarter. Kornitzer Capital Management Inc. KS now owns 104,810 shares of the technology company’s stock worth $1,366,000 after buying an additional 4,810 shares in the last quarter. Thompson Davis & CO. Inc. purchased a new stake in Trivago N.V. ADS during the second quarter worth $124,000. TD Asset Management Inc. raised its stake in Trivago N.V. ADS by 8.6% in the second quarter. TD Asset Management Inc. now owns 74,781 shares of the technology company’s stock worth $1,769,000 after buying an additional 5,900 shares in the last quarter. Finally, Independent Portfolio Consultants Inc. purchased a new stake in Trivago N.V. ADS during the second quarter worth $190,000. Institutional investors own 11.69% of the company’s stock.
Trivago N.V. ADS Company Profile
Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.
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