Trivago (NASDAQ:TRVG) released its quarterly earnings results on Wednesday, May 1st. The technology company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02, Bloomberg Earnings reports. The company had revenue of $208.76 million for the quarter, compared to analyst estimates of $239.60 million. Trivago had a net margin of 0.94% and a return on equity of 0.93%. The firm’s revenue was down 19.5% on a year-over-year basis. During the same period last year, the firm earned ($0.06) earnings per share.
Shares of Trivago stock opened at $4.12 on Thursday. Trivago has a 52-week low of $3.82 and a 52-week high of $7.54. The firm has a market capitalization of $1.40 billion, a PE ratio of -58.86, a price-to-earnings-growth ratio of 5.93 and a beta of 0.20. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.50 and a quick ratio of 3.50.
A number of large investors have recently bought and sold shares of TRVG. Marshall Wace LLP bought a new stake in Trivago during the 1st quarter valued at $3,989,000. Norges Bank bought a new stake in Trivago during the 4th quarter valued at $3,608,000. Penserra Capital Management LLC bought a new stake in Trivago during the 4th quarter valued at $3,601,000. Morgan Stanley raised its holdings in Trivago by 2,392.4% during the 1st quarter. Morgan Stanley now owns 559,958 shares of the technology company’s stock valued at $2,419,000 after buying an additional 537,491 shares during the last quarter. Finally, Two Sigma Investments LP bought a new stake in Trivago during the 4th quarter valued at $1,672,000. Institutional investors own 9.84% of the company’s stock.
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Trivago Company Profile
trivago N.V., together with its subsidiaries, operates as a hotel and accommodation 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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