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

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

Trivago N.V. ADS Trading Up 1.0%

NASDAQ TRVG traded up $0.03 on Tuesday, hitting $3.05. 37,951 shares of the company were exchanged, compared to its average volume of 32,738. The company has a market cap of $214.66 million, a PE ratio of -305.00 and a beta of 1.39. Trivago N.V. ADS has a 12 month low of $1.64 and a 12 month high of $5.83. The stock has a fifty day moving average of $3.25 and a 200-day moving average of $3.71.

Wall Street Analysts Forecast Growth

TRVG has been the subject of a number of research analyst reports. Mizuho initiated 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 target price for the company. Wall Street Zen cut shares of Trivago N.V. ADS from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Susquehanna dropped their target price on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a “neutral” rating on the stock in a report on Thursday, August 7th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Trivago N.V. ADS in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $4.18.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Boothbay Fund Management LLC bought a new position in shares of Trivago N.V. ADS in the 2nd quarter worth about $454,000. Marshall Wace LLP boosted its holdings 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 valued at $519,000 after acquiring an additional 100,699 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of Trivago N.V. ADS during the 1st quarter worth $258,000. Jump Financial LLC purchased a new position in Trivago N.V. ADS during the second quarter valued at $94,000. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Trivago N.V. ADS during the 1st quarter valued at approximately $75,000. 4.50% of the stock is currently owned by hedge funds and other institutional investors.

Trivago N.V. ADS 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.