Travelzoo (NASDAQ:TZOO) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Zacks has also given Travelzoo an industry rank of 192 out of 255 based on the ratings given to its competitors.
A number of brokerages recently weighed in on TZOO. TheStreet upgraded shares of Travelzoo from a “c” rating to a “b-” rating in a report on Friday, February 8th. ValuEngine upgraded shares of Travelzoo from a “hold” rating to a “buy” rating in a report on Monday, February 4th.
In other Travelzoo news, 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 transaction of $1,540,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Christian Alexander Smart acquired 6,000 shares of Travelzoo stock in a transaction on Monday, March 11th. The shares were bought at an average cost of $13.01 per share, with a total value of $78,060.00. Following the completion of the transaction, the insider now owns 9,041 shares of the company’s stock, valued at $117,623.41. The disclosure for this purchase can be found here. Insiders own 61.90% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in TZOO. Dimensional Fund Advisors LP boosted its position in Travelzoo by 20.3% during the third quarter. Dimensional Fund Advisors LP now owns 383,472 shares of the information services provider’s stock worth $4,544,000 after purchasing an additional 64,768 shares during the period. Alambic Investment Management L.P. bought a new position in Travelzoo during the fourth quarter worth $310,000. GSA Capital Partners LLP boosted its position in Travelzoo by 158.0% during the third quarter. GSA Capital Partners LLP now owns 45,152 shares of the information services provider’s stock worth $535,000 after purchasing an additional 27,652 shares during the period. Prudential Financial Inc. boosted its position in Travelzoo by 85.2% during the third quarter. Prudential Financial Inc. now owns 54,441 shares of the information services provider’s stock worth $645,000 after purchasing an additional 25,045 shares during the period. Finally, Vanguard Group Inc boosted its position in Travelzoo by 6.4% during the third quarter. Vanguard Group Inc now owns 273,975 shares of the information services provider’s stock worth $3,247,000 after purchasing an additional 16,423 shares during the period. 31.93% of the stock is owned by hedge funds and other institutional investors.
Shares of TZOO opened at $14.23 on Friday. The firm has a market cap of $173.63 million, a P/E ratio of 38.79 and a beta of 1.19. Travelzoo has a 1-year low of $6.80 and a 1-year high of $21.15.
Travelzoo (NASDAQ:TZOO) last issued its earnings results on Wednesday, February 6th. The information services provider reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.06. The business had revenue of $27.10 million for the quarter, compared to the consensus estimate of $27.70 million. Travelzoo had a net margin of 4.19% and a return on equity of 29.45%. The firm’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the company earned $0.05 earnings per share.
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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