Travelzoo (NASDAQ:TZOO – Get Free Report) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 314,500 shares, a growth of 39.3% from the February 13th total of 225,800 shares. Based on an average daily volume of 149,700 shares, the short-interest ratio is presently 2.1 days. Approximately 4.3% of the shares of the stock are sold short.
Travelzoo Stock Performance
TZOO stock opened at $14.48 on Friday. The stock has a market cap of $170.92 million, a P/E ratio of 13.53 and a beta of 1.69. The firm has a 50 day simple moving average of $18.87 and a 200 day simple moving average of $17.19. Travelzoo has a 52 week low of $7.12 and a 52 week high of $24.85.
Travelzoo (NASDAQ:TZOO – Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The information services provider reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. The business had revenue of $20.68 million during the quarter, compared to analysts’ expectations of $22.06 million. Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. During the same period last year, the company posted $0.23 earnings per share. Sell-side analysts predict that Travelzoo will post 1.09 EPS for the current year.
Insider Transactions at Travelzoo
Institutional Trading of Travelzoo
Several institutional investors have recently made changes to their positions in the stock. Ancora Advisors LLC acquired a new stake in shares of Travelzoo during the fourth quarter worth approximately $30,000. American Century Companies Inc. lifted its stake in Travelzoo by 21.3% in the fourth quarter. American Century Companies Inc. now owns 14,144 shares of the information services provider’s stock valued at $282,000 after acquiring an additional 2,483 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Travelzoo in the third quarter valued at approximately $35,000. Northern Trust Corp lifted its stake in Travelzoo by 12.1% in the fourth quarter. Northern Trust Corp now owns 27,678 shares of the information services provider’s stock valued at $552,000 after acquiring an additional 2,995 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in Travelzoo in the fourth quarter valued at approximately $87,000. 27.39% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, Barrington Research decreased their target price on shares of Travelzoo from $25.00 to $17.00 and set an “outperform” rating for the company in a report on Tuesday, February 25th.
Read Our Latest Stock Report on TZOO
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.
See Also
- Five stocks we like better than Travelzoo
- Health Care Stocks Explained: Why You Might Want to Invest
- How to Build the Ultimate Everything ETF Portfolio
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- Best Aerospace Stocks Investing
- 3 Stocks With High ROE and Market-Beating Growth Potential
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.