Trivago (TRVG) Upgraded by BidaskClub to “Sell”

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BidaskClub upgraded shares of Trivago (NASDAQ:TRVG) from a strong sell rating to a sell rating in a research report sent to investors on Wednesday morning.

A number of other research firms have also weighed in on TRVG. ValuEngine lowered shares of Trivago from a hold rating to a sell rating in a report on Saturday, June 2nd. Zacks Investment Research lowered shares of Trivago from a hold rating to a strong sell rating in a report on Thursday, June 28th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of $8.90.

TRVG opened at $4.51 on Wednesday. Trivago has a fifty-two week low of $4.01 and a fifty-two week high of $11.74. The company has a market cap of $1.57 billion, a price-to-earnings ratio of -75.17 and a beta of 1.42.

Trivago (NASDAQ:TRVG) last posted its earnings results on Wednesday, July 25th. The technology company reported ($0.07) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.07). Trivago had a negative net margin of 6.05% and a negative return on equity of 7.00%. The firm had revenue of $235.00 million for the quarter, compared to analyst estimates of $271.68 million. During the same period in the previous year, the firm posted ($0.01) EPS. The company’s revenue for the quarter was down 21.2% compared to the same quarter last year. equities analysts predict that Trivago will post -0.11 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new position in shares of Trivago in the 1st quarter worth approximately $108,000. Clear Harbor Asset Management LLC acquired a new position in shares of Trivago in the 2nd quarter worth approximately $130,000. Atlas Capital Advisors LLC lifted its position in shares of Trivago by 200.0% in the 2nd quarter. Atlas Capital Advisors LLC now owns 30,000 shares of the technology company’s stock worth $136,000 after purchasing an additional 20,000 shares during the period. Wells Fargo & Company MN lifted its position in shares of Trivago by 231.5% in the 4th quarter. Wells Fargo & Company MN now owns 40,856 shares of the technology company’s stock worth $279,000 after purchasing an additional 28,531 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in shares of Trivago in the 1st quarter worth approximately $500,000. Hedge funds and other institutional investors own 6.24% of the company’s stock.

Trivago Company Profile

trivago N.V., together with its subsidiaries, operates as a hotel search platform. It offers online meta-search for hotels by facilitating consumers' search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.

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Analyst Recommendations for Trivago (NASDAQ:TRVG)

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