Travelzoo Reaches New 52-Week Low at $16.55 (TZOO)
Shares of Travelzoo (NASDAQ:TZOO) reached a new 52-week low on Friday , Stock Ratings Network reports. The company traded as low as $16.55 and last traded at $16.55, with a volume of 27,633 shares trading hands. The stock had previously closed at $17.24.
TZOO has been the subject of a number of recent research reports. Analysts at Benchmark Co. reiterated a “hold” rating on shares of Travelzoo in a research note on Friday, July 18th. They now have a $19.00 price target on the stock, down previously from $20.00. Separately, analysts at Zacks upgraded shares of Travelzoo from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 15th. They now have a $19.50 price target on the stock. Finally, analysts at Zacks downgraded shares of Travelzoo from a “neutral” rating to an “underperform” rating in a research note on Monday, May 5th. They now have a $17.30 price target on the stock.
The stock has a 50-day moving average of $18.50 and a 200-day moving average of $20.41. The company’s market cap is $246.4 million.
Travelzoo (NASDAQ:TZOO) last announced its earnings results on Thursday, July 17th. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.29 by $0.01. The company had revenue of $36.90 million for the quarter, compared to the consensus estimate of $39.58 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. The company’s quarterly revenue was down 10.7% on a year-over-year basis. On average, analysts predict that Travelzoo will post $0.99 earnings per share for the current fiscal year.
Travelzoo Inc (NASDAQ:TZOO) is a global Internet media company.
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