In recent trading session, trivago N.V. (NASDAQ:TRVG) saw 0.57 million shares changing hands at last check today with its beta currently measuring 1.58. Company’s recent per share price level of $1.13 trading at $0.04 or 3.61% at last check today assigns it a market valuation of $393.46M. That most recent trading price of TRVG’s stock is at a discount of -79.65% from its 52-week high price of $2.03 and is indicating a premium of 17.7% from its 52-week low price of $0.93. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.36 million shares which gives us an average trading volume of 416.04K if we extend that period to 3-months.
For trivago N.V. (TRVG), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 9 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.03 in the current quarter.
trivago N.V. (NASDAQ:TRVG) trade information
Upright in the green today for gaining 3.61%, in the last five days TRVG remained trading in the red while hitting it’s week-highest on Friday, 09/15/23 when the stock touched $1.13 price level, adding 3.83% to its value on the day. trivago N.V.’s shares saw a change of -16.35% in year-to-date performance and have moved -0.06% in past 5-day. trivago N.V. (NASDAQ:TRVG) showed a performance of -0.06% in past 30-days. Number of shares sold short was 0.57 million shares which calculate 1.3 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $1.38 to the stock, which implies a rise of 18.12% to its recent value today. Analysts have been projecting $1.08 as a low price target for the stock while placing it at a high target of $1.85. It follows that stock’s current price would drop -63.72% in reaching the projected high whereas dropping to the targeted low would mean a gain of 4.42% for stock’s current value.
trivago N.V. (TRVG) estimates and forecasts
Statistics highlight that trivago N.V. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -22.12% of value to its shares in past 6 months, showing an annual growth rate of 140.63% while that of industry is 20.40. Apart from that, the company came raising its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to increase by 115.00% in the current quarter and calculating -33.30% decrease in the next quarter. This year revenue growth is estimated to fall -7.30% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $175.91 million for the same. And 7 analysts are in estimates of company making revenue of $110.45 million in the next quarter that will end on Dec 2023. Company posted $191 million and $114.46 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -7.90% while estimating it to be -3.50% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -50.90% during past 5 years. In 2023, company’s earnings growth rate is likely to be around 128.20% while estimates for its earnings growth in next 5 years are of 37.71%.
trivago N.V. is more likely to be releasing its next quarterly report between October 30 and November 03 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
trivago N.V. (NASDAQ:TRVG)’s Major holders
Insiders are in possession of 33.69% of company’s total shares while institution are holding 34.08 percent of that, with stock having share float percentage of 51.38%. Investors also watch the number of corporate investors in a company very closely, which is 34.08% institutions for trivago N.V. that are currently holding shares of the company. Par Capital Management Inc is the top institutional holder at TRVG for having 22.09 million shares of worth $24.85 million. And as of Jun 29, 2023, it was holding 21.17% of the company’s outstanding shares.
The second largest institutional holder is ETF Managers Group, LLC, which was holding about 2.22 million shares on Mar 30, 2023. The number of shares represents firm’s hold over 2.13% of outstanding shares, having a total worth of $2.5 million.
On the other hand, ETF Managers Tr-EFTMG Travel Tech ETF and Frank Fds-Frank Value Fd are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 0.76 million shares of worth $0.86 million or 0.73% of the total outstanding shares. The later fund manager was in possession of 0.32 million shares on Jun 29, 2023, making its stake of worth around $0.36 million in the company or a holder of 0.31% of company’s stock.