Travelzoo (NASDAQ:TZOO) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Travelzoo (NASDAQ:TZOO) have been assigned an average rating of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $19.50.

TZOO has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Travelzoo in a research report on Tuesday, October 14th. Ascendiant Capital Markets boosted their target price on Travelzoo from $25.00 to $26.00 and gave the stock a “buy” rating in a research report on Tuesday, August 26th. Barrington Research dropped their target price on Travelzoo from $17.00 to $13.00 and set an “outperform” rating on the stock in a research report on Wednesday. Wall Street Zen cut Travelzoo from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Finally, Zacks Research upgraded Travelzoo from a “strong sell” rating to a “hold” rating in a research report on Monday, September 22nd.

Travelzoo Stock Up 4.6%

TZOO opened at $8.42 on Tuesday. The business has a 50 day moving average price of $9.78 and a two-hundred day moving average price of $11.55. The company has a market cap of $92.46 million, a PE ratio of 13.16 and a beta of 0.93. Travelzoo has a 52 week low of $7.76 and a 52 week high of $24.85.

Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings data on Tuesday, October 28th. The information services provider reported $0.01 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.13). Travelzoo had a net margin of 8.66% and a return on equity of 2,072.58%. The company had revenue of $22.20 million for the quarter, compared to analysts’ expectations of $22.92 million. As a group, sell-side analysts expect that Travelzoo will post 1.09 EPS for the current fiscal year.

Insider Buying and Selling at Travelzoo

In related news, major shareholder Azzurro Capital Inc sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $10.06, for a total value of $251,500.00. Following the sale, the insider owned 3,792,696 shares in the company, valued at $38,154,521.76. This represents a 0.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last 90 days, insiders sold 178,700 shares of company stock valued at $1,776,862. Corporate insiders own 43.20% of the company’s stock.

Institutional Investors Weigh In On Travelzoo

Institutional investors and hedge funds have recently modified their holdings of the company. Koss Olinger Consulting LLC acquired a new stake in shares of Travelzoo in the 1st quarter worth approximately $448,000. Trexquant Investment LP grew its holdings in shares of Travelzoo by 154.4% in the 1st quarter. Trexquant Investment LP now owns 61,384 shares of the information services provider’s stock worth $837,000 after acquiring an additional 37,257 shares during the period. Truvestments Capital LLC grew its holdings in shares of Travelzoo by 3,732.3% in the 1st quarter. Truvestments Capital LLC now owns 37,288 shares of the information services provider’s stock worth $508,000 after acquiring an additional 36,315 shares during the period. Goldman Sachs Group Inc. grew its holdings in Travelzoo by 60.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 45,528 shares of the information services provider’s stock valued at $621,000 after buying an additional 17,146 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in Travelzoo during the 1st quarter valued at $1,796,000. Institutional investors and hedge funds own 27.39% of the company’s stock.

About Travelzoo

Travelzoo, together with its subsidiaries, operates as an Internet media company that provides travel, entertainment, and local experiences worldwide. It operates in four segments: Travelzoo North America, Travelzoo Europe, Jack's Flight Club, and New Initiatives. The company offers Travelzoo website, Travelzoo Top 20 email newsletters, Standalone email newsletters, Travelzoo Network, Travelzoo mobile applications, Jack's Flight Club website, Jack's Flight Club mobile applications, and Jack's Flight Club newsletters.