Somewhat Favorable News Coverage Somewhat Unlikely to Affect Travelzoo (TZOO) Share Price
Media headlines about Travelzoo (NASDAQ:TZOO) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Travelzoo earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the information services provider an impact score of 45.1308911267054 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Separately, ValuEngine upgraded Travelzoo from a “sell” rating to a “hold” rating in a research note on Friday, September 1st.
Shares of Travelzoo (TZOO) traded down 1.15% on Friday, hitting $8.60. The stock had a trading volume of 13,665 shares. Travelzoo has a 52-week low of $7.55 and a 52-week high of $12.95. The firm has a market cap of $109.31 million, a PE ratio of 19.91 and a beta of 1.49. The firm’s 50-day moving average price is $8.40 and its 200 day moving average price is $9.60.
Travelzoo (NASDAQ:TZOO) last posted its earnings results on Thursday, July 27th. The information services provider reported $0.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.01. Travelzoo had a return on equity of 22.26% and a net margin of 5.23%. The business had revenue of $26.40 million during the quarter, compared to the consensus estimate of $27.53 million. During the same period in the previous year, the business earned $0.14 EPS. The business’s quarterly revenue was down 11.4% on a year-over-year basis. On average, equities research analysts predict that Travelzoo will post $0.19 EPS for the current year.
In other news, Director Ralph Bartel sold 14,806 shares of the business’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $11.00, for a total value of $162,866.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 58.51% of the stock is currently owned by insiders.
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Travelzoo Company Profile
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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