Analysts expect trivago (NASDAQ:TRVG) to report EPS of $0.01

Equity research analysts expect trivago (NASDAQ:TRVG – Get a rating) to report earnings per share of $0.01 for the current quarter, based on Zacks Investment Research. Three analysts provided trivago earnings estimates, with the highest EPS estimate being $0.02 and the lowest estimate being $0.01. trivago reported earnings per share of ($0.01) in the same quarter last year, which would indicate a positive growth rate of 200% year over year. The company is expected to release its next earnings report on Monday, January 1.

On average, analysts expect trivago to report annual earnings of $0.06 per share for the current year, with EPS estimates ranging from $0.04 to $0.11. For the next fiscal year, analysts expect the company to post earnings of $0.11 per share, with EPS estimates ranging from $0.04 to $0.15. Zacks EPS calculations are an average average based on a survey of sell-side analysts who follow trivago.

TRVG has been the subject of several recent analyst reports. Mizuho lowered its target price on trivago shares from $3.60 to $3.00 in a Thursday, May 5 research note. StockNews.com downgraded trivago shares from a “strong buy” rating to a “buy” rating in a Wednesday, May 4, research rating. Morgan Stanley lowered its price target on trivago shares from $2.60 to $2.40 and set an “equal weight” rating for the company in a Friday, May 20 research report. Citigroup lowered its price target on trivago shares from $2.65 to $2.50 and set a “neutral” rating for the company in a Wednesday, April 20 research report. To finish, Zacks Investment Research downgraded trivago shares from a “strong buy” rating to a “hold” rating in a Wednesday, April 27 research report. Five research analysts gave the stock a hold rating and two gave the company a buy rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $2.68.

Shares of TRVG opened at $1.78 on Friday. The company’s 50-day moving average is $1.93 and its 200-day moving average is $2.12. trivago has a 1-year minimum of $1.53 and a 1-year maximum of $3.91. The company has a market capitalization of $638.43 million, a price/earnings ratio of 59.35 and a beta of 1.64.

A number of hedge funds have recently changed their positions in TRVG. Penn Capital Management Company LLC purchased a new position in trivago during the first quarter for a value of approximately $2,418,000. Raymond James Financial Services Advisors Inc. increased its stake in trivago by 77.2% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 903,263 shares of the technology company valued at $2,132,000 after purchasing an additional 393,520 shares during the period. Two Sigma Advisers LP increased its stake in trivago by 13.3% in the third quarter. Two Sigma Advisers LP now owns 571,900 shares of the technology company valued at $1,413,000 after purchasing an additional 67,200 shares during the period. Renaissance Group LLC purchased a new equity stake in trivago during Q1 worth approximately $1,135,000. Finally, Morgan Stanley increased its holdings of trivago shares by 216.1% during the third quarter. Morgan Stanley now owns 366,533 shares of the technology company valued at $905,000 after buying an additional 250,574 shares in the last quarter. Hedge funds and other institutional investors own 9.00% of the company’s shares.

company profile trivago (Get a rating)

trivago NV, together with its subsidiaries, operates a hotel and accommodation search platform in the US, Germany, UK and internationally. It offers an online meta search for hotels and accommodations through online travel agencies, hotel chains and independent hotels. The company provides access to its platform through 53 localized websites and apps in 31 languages.

Further reading

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Earnings history and estimates for trivago (NASDAQ:TRVG)

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