Media headlines about Travelzoo (NASDAQ:TZOO) have been trending positive on Wednesday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Travelzoo earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned news coverage about the information services provider an impact score of 46.2032525224626 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Travelzoo stock remained flat at $$7.05 during midday trading on Wednesday. 4,636 shares of the company were exchanged, compared to its average volume of 23,620. Travelzoo has a 12 month low of $5.75 and a 12 month high of $11.25. The stock has a market cap of $87.85, a price-to-earnings ratio of 88.13 and a beta of 0.83.
Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings data on Thursday, February 8th. The information services provider reported $0.01 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.01. Travelzoo had a net margin of 3.31% and a return on equity of 7.34%. The company had revenue of $27.00 million for the quarter, compared to analyst estimates of $23.90 million. During the same period in the prior year, the company posted $0.07 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis.
Travelzoo announced that its board has authorized a share buyback program on Monday, March 5th that permits the company to repurchase 500,000 outstanding shares. This repurchase authorization permits the information services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.
In related news, major shareholder Azzurro Capital Inc sold 42,196 shares of the stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $7.07, for a total value of $298,325.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 58.51% of the company’s stock.
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Travelzoo, formerly Travelzoo Inc, is a media commerce company. The Company informs over 28 million members in Asia Pacific, Europe and North America, as well as various Website users, about the travel and entertainment deals available from a range of companies. The Company operates through three segments: Asia Pacific, Europe and North America.
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