Zacks: Travelzoo (TZOO) Receives Consensus Recommendation of “Hold” from Brokerages

Travelzoo (NASDAQ:TZOO) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts 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 87 out of 255 based on the ratings given to related companies.

Separately, ValuEngine upgraded shares of Travelzoo from a “hold” rating to a “buy” rating in a report on Tuesday, May 1st.



In related news, major shareholder Azzurro Capital Inc sold 160,500 shares of the stock in a transaction on Friday, April 27th. The stock was sold at an average price of $10.26, for a total value of $1,646,730.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 478,246 shares of company stock valued at $6,895,269 over the last 90 days. 61.90% of the stock is currently owned by company insiders.

Travelzoo traded up $0.40, reaching $16.65, during midday trading on Friday, MarketBeat Ratings reports. The company’s stock had a trading volume of 593,107 shares, compared to its average volume of 88,582. The company has a market cap of $202.50 million, a P/E ratio of 77.38 and a beta of 0.81. Travelzoo has a fifty-two week low of $5.75 and a fifty-two week high of $18.50.

Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings data on Friday, April 27th. The information services provider reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.14. Travelzoo had a return on equity of 19.11% and a net margin of 3.02%. The business had revenue of $30.88 million during the quarter. During the same quarter last year, the company earned $0.07 EPS.

Travelzoo announced that its board has authorized a share buyback plan on Monday, March 5th that authorizes the company to repurchase 500,000 shares. This repurchase authorization authorizes the information services provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.

About Travelzoo

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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