Wall Road brokerages anticipate Travelzoo (NASDAQ:TZOO) to report $15.53 million in product sales for the existing quarter, in accordance to Zacks Investment Investigation. Two analysts have built estimates for Travelzoo’s earnings, with the lowest profits estimate coming in at $14.60 million and the highest estimate coming in at $16.46 million. Travelzoo posted sales of $26.90 million all through the exact same quarter final yr, which would indicate a damaging 12 months in excess of year advancement charge of 42.3%. The company is envisioned to concern its subsequent quarterly earnings outcomes on Monday, March 15th.
According to Zacks, analysts count on that Travelzoo will report total calendar year revenue of $56.64 million for the latest calendar year, with estimates ranging from $55.72 million to $57.57 million. For the following economic calendar year, analysts forecast that the business will publish income of $75.28 million, with estimates ranging from $73.53 million to $77.03 million. Zacks’ income calculations are a suggest normal centered on a survey of promote-side research corporations that that give protection for Travelzoo.
TZOO has been the topic of a number of new investigation studies. Barrington Analysis raised Travelzoo from a “marketplace complete” score to an “outperform” rating in a research be aware on Wednesday, January 27th. Zacks Expense Study reduced Travelzoo from a “acquire” rating to a “hold” rating in a research be aware on Wednesday, December 23rd.
A variety of hedge cash and other institutional traders have lately additional to or minimized their stakes in the stock. Ancora Advisors LLC purchased a new place in Travelzoo in the course of the fourth quarter worthy of about $1,700,000. Raymond James Financial Services Advisors Inc. lifted its position in Travelzoo by 53.4% for the duration of the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 18,733 shares of the information and facts solutions provider’s stock worth $177,000 soon after getting an added 6,519 shares throughout the time period. Trexquant Investment LP purchased a new placement in Travelzoo all through the fourth quarter well worth about $170,000. Renaissance Technologies LLC lifted its situation in Travelzoo by 1.8% for the duration of the fourth quarter. Renaissance Technologies LLC now owns 552,349 shares of the information providers provider’s inventory worthy of $5,214,000 immediately after obtaining an extra 9,700 shares for the duration of the period. Eventually, Bank of New York Mellon Corp lifted its situation in Travelzoo by 35.1% during the fourth quarter. Bank of New York Mellon Corp now owns 43,411 shares of the information providers provider’s inventory well worth $410,000 right after acquiring an added 11,285 shares for the duration of the interval. Hedge funds and other institutional traders very own 24.58% of the company’s stock.
TZOO inventory opened at $17.88 on Tuesday. Travelzoo has a 1 calendar year very low of $3.04 and a 1 12 months high of $17.92. The enterprise has a financial debt-to-fairness ratio of 53.09, a speedy ratio of .80 and a latest ratio of .80. The stock’s 50 working day relocating typical selling price is $13.13 and its 200 working day transferring regular cost is $9.72. The company has a market place cap of $202.22 million, a P/E ratio of -13.75 and a beta of 2.08.
Travelzoo offers vacation, amusement, and neighborhood specials from travel and enjoyment firms, and local businesses in the Asia Pacific, Europe, and North The usa. Its publications and items include things like Travelzoo Site Travelzoo Iphone and Android apps Travelzoo Top 20 e-mail publication and Newsflash electronic mail warn assistance.
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