J P Morgan Chase & Co reiterated their buy rating on shares of Trivago N.V. ADS (NASDAQ:TRVG) in a report published on Thursday, September 7th. J P Morgan Chase & Co currently has a $16.00 target price on the technology company’s stock, down from their prior target price of $23.00.
Other equities research analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Trivago N.V. ADS from a buy rating to a hold rating in a research note on Saturday, June 17th. Deutsche Bank AG reissued a hold rating and set a $24.00 target price (up from $19.00) on shares of Trivago N.V. ADS in a research note on Wednesday, July 26th. Citigroup Inc. decreased their price target on shares of Trivago N.V. ADS from $25.00 to $19.00 and set a neutral rating on the stock in a research note on Monday, August 7th. Cowen and Company reaffirmed a hold rating and issued a $20.00 price target on shares of Trivago N.V. ADS in a research note on Tuesday, July 11th. Finally, Wells Fargo & Company reiterated a hold rating on shares of Trivago N.V. ADS in a report on Thursday, July 27th. Nine equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $19.64.
Shares of Trivago N.V. ADS (NASDAQ TRVG) opened at 11.10 on Thursday. Trivago N.V. ADS has a 52 week low of $10.43 and a 52 week high of $24.27. The stock’s 50 day moving average price is $15.60 and its 200-day moving average price is $16.79. The firm has a market capitalization of $3.89 billion and a price-to-earnings ratio of 41.89.
Trivago N.V. ADS (NASDAQ:TRVG) last announced its quarterly earnings results on Friday, August 4th. The technology company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.02). The business had revenue of $298.30 million during the quarter, compared to the consensus estimate of $293.16 million. The business’s quarterly revenue was up 66.6% compared to the same quarter last year. Equities analysts predict that Trivago N.V. ADS will post $0.05 earnings per share for the current year.
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A number of institutional investors have recently bought and sold shares of TRVG. Macquarie Group Ltd. acquired a new stake in Trivago N.V. ADS in the 4th quarter valued at approximately $246,000. Sei Investments Co. acquired a new stake in Trivago N.V. ADS in the 1st quarter valued at approximately $179,000. TD Asset Management Inc. acquired a new stake in Trivago N.V. ADS in the 1st quarter valued at approximately $898,000. Parametric Portfolio Associates LLC acquired a new stake in Trivago N.V. ADS in the 1st quarter valued at approximately $161,000. Finally, Oxford Asset Management acquired a new stake in Trivago N.V. ADS in the 1st quarter valued at approximately $255,000. Hedge funds and other institutional investors own 13.63% 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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