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

Key Points

• Travelzoo (NASDAQ:TZOO) has received a consensus rating of "Moderate Buy" from five analysts, with an average twelve-month price target of $21.50.
• Major shareholder Azzurro Capital Inc recently sold 32,500 shares of Travelzoo stock, decreasing their stake by 0.82%.
• The company's net margin for the latest quarter was reported at 12.32%, although Travelzoo missed earnings per share estimates.

Shares of Travelzoo (NASDAQ:TZOO - Get Free Report) have received an average recommendation of "Moderate Buy" from the five analysts that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $21.50.

A number of equities research analysts recently commented on TZOO shares. Barrington Research reiterated an "outperform" rating and issued a $17.00 price objective on shares of Travelzoo in a report on Thursday, July 24th. Ascendiant Capital Markets increased their price target on Travelzoo from $25.00 to $26.00 and gave the company a "buy" rating in a research report on Tuesday, August 26th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Travelzoo in a research report on Saturday, September 27th. Wall Street Zen cut Travelzoo from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Finally, Zacks Research upgraded Travelzoo from a "strong sell" rating to a "hold" rating in a research note on Monday, September 22nd.

Insider Buying and Selling at Travelzoo

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 32,500 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $9.55, for a total transaction of $310,375.00. Following the completion of the sale, the insider directly owned 3,935,196 shares of the company's stock, valued at approximately $37,581,121.80. The trade was a 0.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders sold 202,500 shares of company stock valued at $2,023,879. Company insiders own 43.20% of the company's stock.

Institutional Investors Weigh In On Travelzoo

A number of hedge funds and other institutional investors have recently bought and sold shares of TZOO. Bank of America Corp DE increased its holdings in shares of Travelzoo by 1,242.5% in the second quarter. Bank of America Corp DE now owns 2,148 shares of the information services provider's stock worth $27,000 after purchasing an additional 1,988 shares during the period. US Bancorp DE purchased a new stake in Travelzoo in the first quarter worth about $31,000. AlphaQuest LLC increased its stake in shares of Travelzoo by 3,188.4% during the second quarter. AlphaQuest LLC now owns 2,828 shares of the information services provider's stock valued at $36,000 after purchasing an additional 2,742 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Travelzoo by 42,900.0% during the second quarter. JPMorgan Chase & Co. now owns 3,010 shares of the information services provider's stock valued at $38,000 after purchasing an additional 3,003 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Travelzoo during the second quarter valued at approximately $44,000. Institutional investors own 27.39% of the company's stock.

Travelzoo Price Performance

Shares of TZOO stock traded up $0.12 during trading on Friday, reaching $9.96. The company had a trading volume of 88,341 shares, compared to its average volume of 131,430. The firm's 50 day simple moving average is $9.89 and its two-hundred day simple moving average is $12.04. The company has a market capitalization of $109.36 million, a PE ratio of 11.19 and a beta of 0.93. Travelzoo has a one year low of $9.20 and a one year high of $24.85.

Travelzoo (NASDAQ:TZOO - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The information services provider reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.11). The firm had revenue of $23.91 million for the quarter, compared to the consensus estimate of $23.51 million. Travelzoo had a net margin of 12.32% and a return on equity of 1,186.62%. Analysts forecast that Travelzoo will post 1.09 earnings per share for the current year.

Travelzoo Company Profile

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.

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