Travelzoo (TZOO) Rating Increased to B- at TheStreet

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Travelzoo (NASDAQ:TZOO) was upgraded by research analysts at TheStreet from a “c” rating to a “b-” rating in a research report issued to clients and investors on Friday.

Separately, ValuEngine downgraded shares of Travelzoo from a “buy” rating to a “hold” rating in a report on Wednesday, October 24th.

Shares of TZOO stock opened at $17.61 on Friday. Travelzoo has a one year low of $6.05 and a one year high of $21.15. The stock has a market cap of $201.28 million, a P/E ratio of 43.74 and a beta of 1.18.

Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings data on Wednesday, February 6th. The information services provider reported $0.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.06. Travelzoo had a net margin of 4.19% and a return on equity of 28.40%. The company had revenue of $27.10 million for the quarter, compared to the consensus estimate of $27.70 million. During the same period in the prior year, the firm posted $0.05 EPS. Travelzoo’s revenue for the quarter was up .4% on a year-over-year basis.

In related news, insider Christian Alexander Smart purchased 3,300 shares of the company’s stock in a transaction dated Friday, December 7th. The shares were purchased at an average price of $8.89 per share, with a total value of $29,337.00. Following the acquisition, the insider now directly owns 5,650 shares in the company, valued at approximately $50,228.50. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In the last ninety days, insiders have bought 5,650 shares of company stock worth $49,758. Insiders own 61.90% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. California Public Employees Retirement System boosted its holdings in shares of Travelzoo by 1.4% during the 4th quarter. California Public Employees Retirement System now owns 101,500 shares of the information services provider’s stock valued at $998,000 after acquiring an additional 1,400 shares during the last quarter. Strs Ohio boosted its holdings in shares of Travelzoo by 27.0% during the 3rd quarter. Strs Ohio now owns 30,992 shares of the information services provider’s stock valued at $367,000 after acquiring an additional 6,592 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Travelzoo by 56.1% during the 4th quarter. Bank of New York Mellon Corp now owns 22,790 shares of the information services provider’s stock valued at $224,000 after acquiring an additional 8,186 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in shares of Travelzoo by 100.9% during 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 acquiring an additional 11,539 shares during the last quarter. Finally, AQR Capital Management LLC purchased a new stake in shares of Travelzoo during the 3rd quarter valued at about $173,000. 32.39% of the stock is currently owned by hedge funds and other institutional investors.

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.

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