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Why trivago (TRVG) Could Be Positioned for a Surge

Zacks

trivago N.V. TRVG is a global hotel search platform that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on TRVG’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that trivago could be a solid choice for investors.

Current Year Estimates for TRVG

trivago’s current year figures are looking quite promising, with one estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of 12 cents per share 30 days ago to a loss of 11 cents per share today, an increase of 8.3%.

Trivago N.V. ADS Price and Consensus

Trivago N.V. ADS Price and Consensus | Trivago N.V. ADS Quote


Bottom Line

The stock has also started to move higher lately, adding 15.9% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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