$273.61 Million in Sales Expected for Trivago NV – (TRVG) This Quarter

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Analysts expect Trivago NV – (NASDAQ:TRVG) to report $273.61 million in sales for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Trivago’s earnings, with the lowest sales estimate coming in at $249.55 million and the highest estimate coming in at $310.53 million. Trivago reported sales of $318.67 million during the same quarter last year, which indicates a negative year over year growth rate of 14.1%. The firm is expected to issue its next earnings results on Wednesday, April 24th.

According to Zacks, analysts expect that Trivago will report full year sales of $1.04 billion for the current fiscal year, with estimates ranging from $944.95 million to $1.18 billion. For the next fiscal year, analysts forecast that the company will post sales of $1.12 billion, with estimates ranging from $1.01 billion to $1.33 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow Trivago.

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

TRVG has been the topic of a number of research reports. BidaskClub upgraded Trivago from a “sell” rating to a “hold” rating in a research note on Wednesday, October 24th. Zacks Investment Research downgraded Trivago from a “buy” rating to a “hold” rating in a research note on Wednesday, December 26th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $7.25.

NASDAQ:TRVG traded down $0.22 during mid-day trading on Friday, reaching $5.58. 600,690 shares of the stock were exchanged, compared to its average volume of 532,506. The company has a market capitalization of $1.96 billion, a PE ratio of -79.71, a P/E/G ratio of 10.37 and a beta of 0.21. Trivago has a 1 year low of $4.01 and a 1 year high of $8.87.

Several hedge funds have recently made changes to their positions in TRVG. Penserra Capital Management LLC purchased a new position in shares of Trivago in the 4th quarter valued at approximately $3,601,000. Two Sigma Investments LP purchased a new position in shares of Trivago in the 4th quarter valued at approximately $1,672,000. Putnam Investments LLC purchased a new position in shares of Trivago in the 3rd quarter valued at approximately $1,645,000. Kornitzer Capital Management Inc. KS purchased a new position in shares of Trivago in the 4th quarter valued at approximately $844,000. Finally, Bluefin Trading LLC acquired a new stake in shares of Trivago in the 3rd quarter valued at approximately $773,000. Institutional investors own 9.44% of the company’s stock.

About Trivago

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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