Extremely significant positive changes in Travelzoo (NASDAQ: TZOO) investment behavior have recently occurred: its shorter term price trend turned up, and its longer term price trend turned up.
Recent important positive changes in fundamentals have benefitted Travelzoo (NASDAQ: TZOO): significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TZOO is expected to continue to be a major Value Builder.
Travelzoo has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Travelzoo has a very high Power Rating of 91 and a very high Appreciation Score of 92, resulting in the Highest Value Trend Rating.
Recent Price Action
On 3/19/24, Travelzoo (NASDAQ: TZOO) stock increased 1.8%, closing at $10.54. Moreover, unusually high trading volume at 174% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.8% during the last week.
Be the first to comment