UPDATE: Benchmark Initiates Travelzoo At Buy, $54 PT


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Benchmark has published a research report on Travelzoo, Inc. (NASDAQ: TZOO) and has initiated coverage with a Buy rating.

In the report, Benchmark writes "Travelzoo should sustain mid-teens growth in its core travel advertising business aided by steady travel supplier demand to promote travel deals while its local deals could blossom, enhancing margins and driving EPS growth. We project Travelzoo could show 18% y/y revenue growth to $133 million and EPS of $1.20 for 2011 as it expands its subscribers and local deal offerings. For full-year 2011, we estimate revenue of $133 million, up 18% y/y. EBITDA could be $35 million, up about 30% y/y. EPS could be $1.20, with free cash flow of $23 million or $1.40 per share."

Benchmark has also issued a $54 price target on Travelzoo, which closed yesterday at $45.01.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Analyst ColorPrice TargetAnalyst RatingsInformation TechnologyInternet Software & ServicesThe Benchmark Companytravelzoo