Noble Financial started coverage on shares of Travelzoo (NASDAQ:TZOO) in a report issued on Monday morning, The Fly reports. The firm issued an outperform rating and a $11.50 target price on the information services provider’s stock.
Other analysts have also recently issued research reports about the stock. ValuEngine upgraded shares of Travelzoo from a hold rating to a buy rating in a research note on Thursday, July 2nd. Barrington Research increased their price objective on shares of Travelzoo from $7.50 to $11.00 and gave the company an outperform rating in a research report on Wednesday, September 2nd. Finally, TheStreet lowered shares of Travelzoo from a c- rating to a d rating in a research report on Friday, June 26th.
Shares of TZOO stock opened at $8.51 on Monday. The stock has a market cap of $96.25 million, a P/E ratio of -7.40 and a beta of 2.04. The company has a debt-to-equity ratio of 5.87, a current ratio of 0.68 and a quick ratio of 0.68. The company has a fifty day moving average price of $7.18 and a two-hundred day moving average price of $6.05. Travelzoo has a one year low of $3.04 and a one year high of $12.40.
Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings results on Thursday, June 25th. The information services provider reported ($0.06) EPS for the quarter. The firm had revenue of $20.33 million during the quarter. Travelzoo had a negative net margin of 16.47% and a negative return on equity of 103.25%. As a group, equities research analysts anticipate that Travelzoo will post -1.02 EPS for the current fiscal year.
Large investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. increased its position in Travelzoo by 14.4% during the first quarter. Russell Investments Group Ltd. now owns 22,929 shares of the information services provider’s stock worth $85,000 after acquiring an additional 2,891 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Travelzoo in the 1st quarter valued at about $42,000. State Street Corp increased its holdings in Travelzoo by 7.8% in the 1st quarter. State Street Corp now owns 78,720 shares of the information services provider’s stock valued at $309,000 after buying an additional 5,702 shares during the period. Two Sigma Investments LP bought a new position in Travelzoo in the 1st quarter valued at about $101,000. Finally, Engineers Gate Manager LP bought a new position in Travelzoo in the 1st quarter valued at about $68,000. 29.55% of the stock is currently owned by institutional investors and hedge funds.
Travelzoo Company Profile
Travelzoo provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include Travelzoo Website; Travelzoo iPhone and Android apps; Travelzoo Top 20 email newsletter; and Newsflash email alert service.
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