Travelzoo (TZOO) Upgraded by ValuEngine to Buy

ValuEngine upgraded shares of Travelzoo (NASDAQ:TZOO) from a hold rating to a buy rating in a report released on Monday, February 4th.

NASDAQ TZOO traded up $0.05 on Monday, reaching $13.32. The company had a trading volume of 34,368 shares, compared to its average volume of 136,413. The firm has a market cap of $179.24 million, a PE ratio of 38.95 and a beta of 1.18. Travelzoo has a 1-year low of $6.05 and a 1-year high of $21.15.

Travelzoo (NASDAQ:TZOO) last announced its earnings results on Wednesday, February 6th. The information services provider reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.06. The firm had revenue of $27.10 million during the quarter, compared to analyst estimates of $27.70 million. Travelzoo had a net margin of 4.19% and a return on equity of 28.40%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.05 EPS.

In other Travelzoo news, insider Christian Alexander Smart acquired 3,300 shares of Travelzoo stock in a transaction dated Friday, December 7th. The stock was bought at an average cost of $8.89 per share, for a total transaction of $29,337.00. Following the purchase, the insider now directly owns 5,650 shares in the company, valued at approximately $50,228.50. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Azzurro Capital Inc sold 100,000 shares of the stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $15.40, for a total transaction of $1,540,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have bought 5,650 shares of company stock valued at $49,758. Company insiders own 61.90% of the company’s stock.

Large investors have recently modified their holdings of the stock. AQR Capital Management LLC acquired a new stake in Travelzoo in the 3rd quarter valued at about $173,000. Bank of New York Mellon Corp acquired a new stake in Travelzoo in the 2nd quarter valued at about $250,000. Assenagon Asset Management S.A. acquired a new stake in Travelzoo in the 4th quarter valued at about $158,000. O Shaughnessy Asset Management LLC lifted its stake in Travelzoo by 100.9% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 22,977 shares of the information services provider’s stock valued at $272,000 after purchasing an additional 11,539 shares during the last quarter. Finally, Barclays PLC lifted its stake in Travelzoo by 123.1% in the 4th quarter. Barclays PLC now owns 25,361 shares of the information services provider’s stock valued at $249,000 after purchasing an additional 13,993 shares during the last quarter. Institutional investors and hedge funds own 32.81% of the company’s stock.

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.

Read More: What is a back-end load?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Travelzoo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelzoo and related companies with MarketBeat.com's FREE daily email newsletter.