Shares of Travelzoo (NASDAQ:TZOO) have received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Zacks has also given Travelzoo an industry rank of 220 out of 255 based on the ratings given to related companies.
In other news, major shareholder Azzurro Capital Inc sold 173,150 shares of Travelzoo stock in a transaction on Monday, July 30th. The shares were sold at an average price of $13.40, for a total transaction of $2,320,210.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders have sold 365,000 shares of company stock valued at $4,868,998. Corporate insiders own 61.90% of the company’s stock.
A number of large investors have recently made changes to their positions in the stock. Macquarie Group Ltd. raised its stake in Travelzoo by 27.4% during the 2nd quarter. Macquarie Group Ltd. now owns 36,490 shares of the information services provider’s stock worth $624,000 after acquiring an additional 7,844 shares in the last quarter. Spark Investment Management LLC raised its stake in Travelzoo by 20.0% during the 2nd quarter. Spark Investment Management LLC now owns 47,400 shares of the information services provider’s stock worth $810,000 after acquiring an additional 7,900 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in Travelzoo by 63.6% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 22,824 shares of the information services provider’s stock worth $390,000 after acquiring an additional 8,875 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in Travelzoo during the 2nd quarter worth $174,000. Finally, Bank of New York Mellon Corp acquired a new stake in Travelzoo during the 2nd quarter worth $250,000. Hedge funds and other institutional investors own 32.35% of the company’s stock.
Shares of Travelzoo stock traded down $0.45 during trading on Friday, hitting $11.60. 53,286 shares of the stock were exchanged, compared to its average volume of 68,390. The stock has a market cap of $146.18 million, a P/E ratio of 59.50 and a beta of 0.57. Travelzoo has a 12-month low of $5.75 and a 12-month high of $21.15.
Travelzoo (NASDAQ:TZOO) last released its quarterly earnings data on Wednesday, July 25th. The information services provider reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.05). The firm had revenue of $28.10 million for the quarter, compared to analysts’ expectations of $27.98 million. Travelzoo had a return on equity of 17.31% and a net margin of 2.78%. The firm’s quarterly revenue was up 6.4% on a year-over-year basis.
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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