Travelzoo (NASDAQ:TZOO) PT Lowered to $12.00 at Barrington Research

Travelzoo (NASDAQ:TZOO) had its price target cut by Barrington Research from $14.00 to $12.00 in a research note released on Wednesday morning, Benzinga reports. They currently have an outperform rating on the information services provider’s stock. Barrington Research also issued estimates for Travelzoo’s Q2 2024 earnings at $0.20 EPS, Q3 2024 earnings at $0.18 EPS, Q4 2024 earnings at $0.30 EPS, FY2024 earnings at $1.12 EPS, FY2024 earnings at $0.99 EPS, Q1 2025 earnings at $0.37 EPS, Q1 2025 earnings at $0.35 EPS, Q2 2025 earnings at $0.24 EPS, Q3 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.34 EPS, FY2025 earnings at $1.28 EPS, FY2025 earnings at $1.14 EPS, FY2026 earnings at $1.24 EPS and FY2026 earnings at $1.39 EPS.

Separately, StockNews.com upgraded Travelzoo from a buy rating to a strong-buy rating in a report on Tuesday, April 16th.

Travelzoo Price Performance

Travelzoo stock opened at $8.58 on Wednesday. The stock has a market capitalization of $113.26 million, a PE ratio of 9.43 and a beta of 1.71. Travelzoo has a 12-month low of $4.77 and a 12-month high of $11.23. The firm has a 50 day simple moving average of $9.57 and a 200-day simple moving average of $8.90.

Travelzoo (NASDAQ:TZOO) last issued its earnings results on Wednesday, April 24th. The information services provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. Travelzoo had a return on equity of 140.25% and a net margin of 15.24%. The business had revenue of $21.99 million for the quarter, compared to analysts’ expectations of $23.72 million. On average, analysts forecast that Travelzoo will post 0.92 earnings per share for the current fiscal year.

Insider Activity at Travelzoo

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 10,000 shares of Travelzoo stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $8.71, for a total transaction of $87,100.00. Following the transaction, the insider now directly owns 5,393,302 shares in the company, valued at approximately $46,975,660.42. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last 90 days, insiders sold 148,931 shares of company stock worth $1,483,335. 57.45% of the stock is owned by corporate insiders.

Institutional Trading of Travelzoo

A number of institutional investors have recently added to or reduced their stakes in TZOO. Acadian Asset Management LLC boosted its holdings in shares of Travelzoo by 16.0% during the 3rd quarter. Acadian Asset Management LLC now owns 411,733 shares of the information services provider’s stock worth $2,398,000 after buying an additional 56,741 shares during the period. Quadrature Capital Ltd acquired a new position in Travelzoo during the 4th quarter worth $445,000. Trexquant Investment LP lifted its position in Travelzoo by 184.1% during the 3rd quarter. Trexquant Investment LP now owns 61,808 shares of the information services provider’s stock worth $360,000 after acquiring an additional 40,051 shares during the last quarter. Janiczek Wealth Management LLC bought a new stake in Travelzoo during the fourth quarter valued at about $275,000. Finally, Hennion & Walsh Asset Management Inc. acquired a new stake in shares of Travelzoo in the first quarter valued at about $277,000. 27.39% of the stock is currently owned by institutional investors and hedge funds.

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.