Travelzoo (NASDAQ:TZOO) has been given a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Zacks has also assigned Travelzoo an industry rank of 109 out of 255 based on the ratings given to its competitors.
Shares of Travelzoo stock traded down $0.29 during trading on Thursday, reaching $11.05. The company’s stock had a trading volume of 331 shares, compared to its average volume of 94,854. Travelzoo has a 52-week low of $5.75 and a 52-week high of $21.15. The stock has a market capitalization of $145.57 million, a price-to-earnings ratio of 59.25 and a beta of 0.58.
Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings data on Wednesday, July 25th. The information services provider reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.05). Travelzoo had a net margin of 2.78% and a return on equity of 17.31%. The business had revenue of $28.10 million during the quarter, compared to analysts’ expectations of $27.98 million. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis.
In other news, major shareholder Azzurro Capital Inc sold 9,141 shares of the company’s stock in a transaction on Monday, August 20th. The shares were sold at an average price of $13.15, for a total value of $120,204.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 365,000 shares of company stock valued at $4,868,998 in the last ninety days. 61.90% of the stock is owned by corporate insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC boosted its position in Travelzoo by 6.2% during the 2nd quarter. Renaissance Technologies LLC now owns 568,000 shares of the information services provider’s stock valued at $9,713,000 after buying an additional 32,996 shares during the period. BlackRock Inc. boosted its position in Travelzoo by 90.5% during the 2nd quarter. BlackRock Inc. now owns 485,120 shares of the information services provider’s stock valued at $8,295,000 after buying an additional 230,422 shares during the period. Dimensional Fund Advisors LP boosted its position in Travelzoo by 14.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 318,704 shares of the information services provider’s stock valued at $5,450,000 after buying an additional 39,110 shares during the period. Caption Management LLC purchased a new stake in Travelzoo during the 2nd quarter valued at $2,984,000. Finally, Acadian Asset Management LLC boosted its position in Travelzoo by 2,027.9% during the 2nd quarter. Acadian Asset Management LLC now owns 135,295 shares of the information services provider’s stock valued at $2,312,000 after buying an additional 128,937 shares during the period. 32.35% of the stock is owned by institutional investors and hedge funds.
Travelzoo Company Profile
Travelzoo Inc, together with its subsidiaries, provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. The company's publications and products include Travelzoo Websites; Travelzoo iPhone and Android applications; Travelzoo Top 20 email newsletter; and Newsflash email alert service.
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