Travelzoo (NASDAQ:TZOO – Get Free Report) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday, Zacks reports.
Several other equities research analysts have also recently commented on TZOO. UBS Group set a $9.50 price target on Travelzoo in a research note on Wednesday, July 29th. Wall Street Zen downgraded Travelzoo from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. Ascendiant Capital Markets cut their price objective on shares of Travelzoo from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Finally, Weiss Ratings lowered shares of Travelzoo from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, September 29th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $13.83.
Check Out Our Latest Stock Report on Travelzoo
Travelzoo Trading Up 1.7%
NASDAQ TZOO opened at $5.24 on Tuesday. Travelzoo has a 1-year low of $4.72 and a 1-year high of $12.39. The firm’s fifty day simple moving average is $5.91 and its 200-day simple moving average is $8.15. The company has a market capitalization of $53.45 million, a PE ratio of 174.67 and a beta of 1.36.
Travelzoo (NASDAQ:TZOO – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The information services provider reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.35). Travelzoo had a net margin of 0.51% and a negative return on equity of 9.35%. The firm had revenue of $23.21 million for the quarter, compared to analyst estimates of $25.00 million. During the same period in the previous year, the business posted $0.12 EPS. As a group, analysts predict that Travelzoo will post -0.14 EPS for the current year.
Institutional Trading of Travelzoo
An institutional investor recently bought a new stake in Travelzoo stock. Bank of New York Mellon Corp bought a new position in Travelzoo (NASDAQ:TZOO – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 55,177 shares of the information services provider’s stock, valued at approximately $644,000. Bank of New York Mellon Corp owned about 0.54% of Travelzoo as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 27.39% of the company’s stock.
About Travelzoo
Travelzoo is an internet media company that publishes and promotes travel, entertainment and local deals for consumers. Its offerings include curated travel offers, hotel and vacation packages, cruises, restaurants, activities, events and other experiences.
The company distributes its content through its website, email newsletters, mobile products and other digital channels. Its services have included the Travelzoo Top 20, a selection of notable travel offers; Travelzoo Experiences, which features activities and entertainment; and search and booking tools that help users discover deals from travel and local-business partners.
Founded in 1998, Travelzoo serves audiences across multiple international markets, including North America, Europe and parts of Asia-Pacific.
See Also
- Five stocks we like better than Travelzoo
- Are RTX Corporation and Northrop Grumman Ready to Break Out?
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
Receive News & Ratings for Travelzoo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelzoo and related companies with MarketBeat.com's FREE daily email newsletter.
