Trivago NV – (TRVG) Forecasted to Post Q1 2019 Earnings of ($0.01) Per Share

Trivago NV – (NASDAQ:TRVG) – Research analysts at Wedbush issued their Q1 2019 EPS estimates for Trivago in a research report issued to clients and investors on Thursday, February 7th. Wedbush analyst J. Hardiman forecasts that the technology company will post earnings per share of ($0.01) for the quarter. Wedbush also issued estimates for Trivago’s Q2 2019 earnings at ($0.01) EPS, Q3 2019 earnings at $0.05 EPS, Q4 2019 earnings at $0.06 EPS and FY2020 earnings at $0.19 EPS.

Several other brokerages have also recently issued reports on TRVG. Zacks Investment Research raised Trivago from a “hold” rating to a “buy” rating and set a $7.00 price objective on the stock in a report on Saturday, January 12th. BidaskClub raised Trivago from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. Trivago presently has an average rating of “Hold” and an average price target of $7.29.

TRVG stock opened at $5.77 on Friday. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of -96.17, a price-to-earnings-growth ratio of 66.73 and a beta of 0.21. Trivago has a 1-year low of $4.01 and a 1-year high of $8.87.

Trivago (NASDAQ:TRVG) last posted its quarterly earnings results on Wednesday, February 6th. The technology company reported $0.04 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.03. Trivago had a negative return on equity of 5.18% and a negative net margin of 4.61%. The business had revenue of $166.80 million during the quarter, compared to the consensus estimate of $166.23 million. During the same period in the prior year, the company posted ($0.03) EPS. The firm’s revenue for the quarter was down 10.2% compared to the same quarter last year.

Large investors have recently added to or reduced their stakes in the stock. Econ Financial Services Corp purchased a new stake in Trivago during the 4th quarter valued at $59,000. Jane Street Group LLC purchased a new stake in Trivago during the 3rd quarter valued at $205,000. Miracle Mile Advisors LLC raised its holdings in Trivago by 123.0% during the 3rd quarter. Miracle Mile Advisors LLC now owns 40,800 shares of the technology company’s stock valued at $251,000 after buying an additional 22,500 shares during the period. Bluefin Trading LLC purchased a new stake in Trivago during the 3rd quarter valued at $773,000. Finally, Kornitzer Capital Management Inc. KS purchased a new stake in Trivago during the 4th quarter valued at $844,000. Institutional investors own 9.48% 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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Earnings History and Estimates for Trivago (NASDAQ:TRVG)

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