Travelzoo (TZOO) Given Average Recommendation of “Hold” by Brokerages

Travelzoo (NASDAQ:TZOO) has received an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.

Zacks has also given Travelzoo an industry rank of 107 out of 265 based on the ratings given to its competitors.

Institutional investors have recently made changes to their positions in the company. Financial & Investment Management Group Ltd. grew its position in shares of Travelzoo by 112.3% during the fourth quarter. Financial & Investment Management Group Ltd. now owns 24,252 shares of the information services provider’s stock worth $156,000 after buying an additional 12,826 shares in the last quarter. Macquarie Group Ltd. acquired a new position in shares of Travelzoo during the third quarter worth about $168,000. PEAK6 Investments L.P. acquired a new position in shares of Travelzoo during the third quarter worth about $185,000. Finally, Northern Trust Corp grew its position in shares of Travelzoo by 3.8% during the second quarter. Northern Trust Corp now owns 54,944 shares of the information services provider’s stock worth $601,000 after buying an additional 2,034 shares in the last quarter. 23.39% of the stock is owned by institutional investors and hedge funds.

Shares of Travelzoo (TZOO) traded up $0.55 during trading on Thursday, hitting $6.55. The stock had a trading volume of 69,658 shares, compared to its average volume of 18,898. Travelzoo has a 1-year low of $5.75 and a 1-year high of $11.25. The firm has a market capitalization of $83.82, a P/E ratio of 46.79 and a beta of 1.07.

Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings data on Thursday, February 8th. The information services provider reported $0.05 EPS for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.04. Travelzoo had a return on equity of 11.59% and a net margin of 3.49%. The business had revenue of $27.00 million during the quarter, compared to the consensus estimate of $23.90 million. During the same period in the previous year, the company posted $0.07 earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis.

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About Travelzoo

Travelzoo, formerly Travelzoo Inc, is a media commerce company. The Company informs over 28 million members in Asia Pacific, Europe and North America, as well as various Website users, about the travel and entertainment deals available from a range of companies. The Company operates through three segments: Asia Pacific, Europe and North America.

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