Travelzoo (NASDAQ:TZOO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Travelzoo (NASDAQ:TZOO) from a sell rating to a hold rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

TZOO has been the subject of several other research reports. UBS Group set a $9.50 target price on Travelzoo in a research report on Wednesday, July 29th. Weiss Ratings downgraded Travelzoo from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, September 29th. Zacks Research upgraded Travelzoo from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 20th. Finally, Ascendiant Capital Markets decreased their price target on Travelzoo from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday, August 20th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Travelzoo has a consensus rating of “Hold” and a consensus target price of $13.83.

Travelzoo Trading Up 0.8%

Shares of NASDAQ:TZOO opened at $5.20 on Friday. The company has a market capitalization of $53.05 million, a price-to-earnings ratio of -28.89 and a beta of 1.36. Travelzoo has a 12 month low of $4.72 and a 12 month high of $12.39. The firm’s 50-day moving average is $5.63 and its 200 day moving average is $7.41.

Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings data on Tuesday, October 27th. The information services provider reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.11). The firm had revenue of $22.91 million during the quarter, compared to analysts’ expectations of $22.97 million. Travelzoo had a negative return on equity of 9.35% and a negative net margin of 1.82%. During the same period last year, the company earned $0.01 earnings per share. As a group, equities analysts forecast that Travelzoo will post -0.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Travelzoo stock. Bank of New York Mellon Corp acquired a new stake in Travelzoo (NASDAQ:TZOO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 55,177 shares of the information services provider’s stock, valued at approximately $644,000. Bank of New York Mellon Corp owned 0.54% of Travelzoo at the end of the most recent reporting period. Institutional investors own 27.39% of the company’s stock.

Travelzoo Company Profile

Travelzoo (NASDAQ: TZOO) is an internet media company that publishes travel and entertainment offers for consumers. Its platform features deals on hotels, vacations, cruises, flights, restaurants, spas, events and other leisure activities, connecting participating businesses with an audience of members and website visitors.

The company’s products and services include its travel and local-deals publications, destination and deal guides, and online tools that help users discover and compare travel opportunities.