DA Davidson Comments on Trivago NV -‘s Q2 2019 Earnings (TRVG)

Trivago NV – (NASDAQ:TRVG) – Stock analysts at DA Davidson lifted their Q2 2019 earnings per share (EPS) estimates for shares of Trivago in a report issued on Thursday, February 7th. DA Davidson analyst T. White now forecasts that the technology company will earn $0.01 per share for the quarter, up from their prior forecast of ($0.01). DA Davidson also issued estimates for Trivago’s Q3 2019 earnings at $0.02 EPS, FY2019 earnings at $0.06 EPS, Q1 2020 earnings at $0.01 EPS, Q3 2020 earnings at $0.02 EPS and FY2020 earnings at $0.06 EPS.

Trivago (NASDAQ:TRVG) last issued its quarterly earnings results on Wednesday, February 6th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.03. Trivago had a negative return on equity of 2.66% and a negative net margin of 2.50%. The firm had revenue of $166.80 million during the quarter, compared to analyst estimates of $166.23 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The company’s revenue was down 10.2% compared to the same quarter last year.

TRVG has been the subject of several other research reports. Zacks Investment Research lowered Trivago from a “buy” rating to a “hold” rating in a research note on Wednesday, December 26th. BidaskClub raised Trivago from a “hold” rating to a “buy” rating in a research note on Tuesday, November 6th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $7.29.

Shares of TRVG stock opened at $5.93 on Monday. Trivago has a 12-month low of $4.01 and a 12-month high of $8.87. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of -84.71, a PEG ratio of 16.94 and a beta of 0.21.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TRVG. Econ Financial Services Corp purchased a new position in shares of Trivago in the fourth quarter worth about $59,000. Jane Street Group LLC purchased a new position in shares of Trivago in the third quarter worth about $205,000. Miracle Mile Advisors LLC increased its holdings in shares of Trivago by 123.0% in the third quarter. Miracle Mile Advisors LLC now owns 40,800 shares of the technology company’s stock worth $251,000 after buying an additional 22,500 shares during the period. Westfield Capital Management Co. LP increased its holdings in shares of Trivago by 18.6% in the fourth quarter. Westfield Capital Management Co. LP now owns 70,900 shares of the technology company’s stock worth $399,000 after buying an additional 11,100 shares during the period. Finally, Bluefin Trading LLC purchased a new position in shares of Trivago in the third quarter worth about $773,000. Hedge funds and other institutional investors own 9.44% 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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