Zacks: Travelzoo (TZOO) Given Average Rating of “Hold” by Brokerages

Shares of Travelzoo (NASDAQ:TZOO) have been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.

Zacks has also given Travelzoo an industry rank of 174 out of 255 based on the ratings given to its competitors.

Several research firms recently commented on TZOO. ValuEngine upgraded Travelzoo from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. TheStreet upgraded Travelzoo from a “c” rating to a “b-” rating in a research report on Friday, February 8th.

TZOO traded down $0.32 during trading hours on Friday, hitting $13.75. The company’s stock had a trading volume of 52,863 shares, compared to its average volume of 94,183. Travelzoo has a fifty-two week low of $7.00 and a fifty-two week high of $21.15. The stock has a market cap of $166.94 million, a P/E ratio of 37.34 and a beta of 1.19.

Travelzoo (NASDAQ:TZOO) last posted its earnings results on Wednesday, February 6th. The information services provider reported $0.13 EPS for the quarter, beating the consensus estimate of $0.07 by $0.06. Travelzoo had a return on equity of 29.45% and a net margin of 4.19%. The firm had revenue of $27.10 million for the quarter, compared to analysts’ expectations of $27.70 million. During the same period last year, the firm earned $0.05 EPS. The firm’s revenue was up .4% compared to the same quarter last year.

In other news, insider Christian Alexander Smart purchased 6,000 shares of the stock in a transaction dated Monday, March 11th. The shares were bought at an average cost of $13.01 per share, for a total transaction of $78,060.00. Following the transaction, the insider now owns 9,041 shares in the company, valued at $117,623.41. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Azzurro Capital Inc sold 100,000 shares of Travelzoo stock in a transaction on Wednesday, February 13th. The shares were sold at an average price of $15.40, for a total value of $1,540,000.00. The disclosure for this sale can be found here. 55.58% of the stock is owned by company insiders.

Several hedge funds have recently modified their holdings of TZOO. Assenagon Asset Management S.A. acquired a new position in shares of Travelzoo during the 4th quarter valued at $158,000. AQR Capital Management LLC acquired a new position in shares of Travelzoo during the 3rd quarter valued at $173,000. Bank of New York Mellon Corp increased its position in shares of Travelzoo by 56.1% during the 4th quarter. Bank of New York Mellon Corp now owns 22,790 shares of the information services provider’s stock valued at $224,000 after purchasing an additional 8,186 shares during the period. Barclays PLC increased its position in shares of Travelzoo by 123.1% during the 4th quarter. Barclays PLC now owns 25,361 shares of the information services provider’s stock valued at $249,000 after purchasing an additional 13,993 shares during the period. Finally, Alambic Investment Management L.P. acquired a new position in shares of Travelzoo during the 4th quarter valued at $310,000. Institutional investors own 31.93% of the company’s stock.

Travelzoo Company Profile

Travelzoo provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include Travelzoo Website; Travelzoo iPhone and Android apps; Travelzoo Top 20 email newsletter; and Newsflash email alert service.

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