Travelzoo (NASDAQ:TZOO) Given Average Rating of “Hold” by Analysts

Travelzoo (NASDAQ:TZOO – Get Rating) has been assigned a consensus rating of “Hold” from the five research firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $19.00.

Several research firms recently commented on TZOO. StockNews.com started coverage on Travelzoo in a report on Thursday, March 31st. They issued a “buy” rating for the company. Zacks Investment Research cut shares of Travelzoo from a “hold” rating to a “strong sell” rating in a report on Thursday, February 3rd. Finally, Ascendiant Capital Markets cut shares of Travelzoo from a “buy” rating to a “hold” rating in a report on Friday, March 18th.

In related news, Director Ralph Bartel sold 5,000 shares of the firm’s stock in a transaction on Tuesday, March 8th. The stock was sold at an average price of $7.30, for a total value of $36,500.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Azzurro Capital Inc sold 12,930 shares of the business’s stock in a transaction dated Wednesday, March 9th. The shares were sold at an average price of $7.40, for a total value of $95,682.00. The disclosure for this sale can be found here. Insiders have sold a total of 268,091 shares of company stock valued at $1,681,161 in the last ninety days. Insiders own 54.30% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TZOO. Covestor Ltd bought a new position in shares of Travelzoo in the fourth quarter worth approximately $42,000. Eagle Asset Management Inc. bought a new position in Travelzoo in the 4th quarter worth $102,000. Raymond James & Associates boosted its holdings in Travelzoo by 21.4% in the 4th quarter. Raymond James & Associates now owns 14,740 shares of the information services provider’s stock worth $139,000 after buying an additional 2,600 shares during the period. Natixis purchased a new stake in Travelzoo in the 3rd quarter worth $153,000. Finally, Eidelman Virant Capital lifted its position in shares of Travelzoo by 90.0% in the fourth quarter. Eidelman Virant Capital now owns 19,000 shares of the information services provider’s stock valued at $176,000 after acquiring an additional 9,000 shares in the last quarter. Institutional investors own 32.38% of the company’s stock.

Shares of NASDAQ:TZOO traded up $0.24 during trading on Monday, reaching $6.12. 549 shares of the stock traded hands, compared to its average volume of 61,067. The stock has a market cap of $73.78 million, a P/E ratio of 120.22 and a beta of 1.72. The stock has a 50-day moving average of $7.12 and a two-hundred day moving average of $9.06. Travelzoo has a 52-week low of $5.20 and a 52-week high of $18.47.

Travelzoo (NASDAQ:TZOO – Get Rating) last issued its earnings results on Thursday, March 3rd. The information services provider reported ($0.25) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.38). Travelzoo had a net margin of 1.85% and a negative return on equity of 111.27%. The business had revenue of $14.14 million for the quarter, compared to analysts’ expectations of $18.88 million. During the same quarter in the prior year, the business posted $0.01 earnings per share. Analysts predict that Travelzoo will post 0.43 earnings per share for the current year.

Travelzoo Company Profile (Get Rating)

Travelzoo, an Internet media company, 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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