Barrington Research Raises Earnings Estimates for Travelzoo

Travelzoo (NASDAQ:TZOO) – Investment analysts at Barrington Research raised their FY2024 earnings estimates for shares of Travelzoo in a report released on Thursday, October 24th. Barrington Research analyst J. Goss now anticipates that the information services provider will earn $1.14 per share for the year, up from their prior forecast of $1.01. Barrington Research has a “Outperform” rating and a $15.00 price target on the stock. The consensus estimate for Travelzoo’s current full-year earnings is $1.07 per share. Barrington Research also issued estimates for Travelzoo’s Q4 2024 earnings at $0.35 EPS, Q2 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $1.35 EPS and FY2026 earnings at $1.49 EPS.

Other research analysts have also issued reports about the stock. StockNews.com lowered shares of Travelzoo from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 23rd. Ascendiant Capital Markets upped their price objective on shares of Travelzoo from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Monday, August 19th. Finally, Litchfield Hills Research started coverage on shares of Travelzoo in a report on Wednesday, September 4th. They issued a “buy” rating and a $35.00 price objective for the company.

Travelzoo Trading Down 4.0 %

Shares of NASDAQ TZOO opened at $16.69 on Monday. Travelzoo has a 12 month low of $6.80 and a 12 month high of $17.83. The firm has a market capitalization of $205.12 million, a PE ratio of 15.60 and a beta of 1.74. The firm has a fifty day simple moving average of $12.93 and a two-hundred day simple moving average of $10.18.

Travelzoo (NASDAQ:TZOO) last issued its quarterly earnings data on Wednesday, October 23rd. The information services provider reported $0.26 EPS for the quarter, topping the consensus estimate of $0.20 by $0.06. Travelzoo had a net margin of 16.67% and a return on equity of 174.97%. The business had revenue of $20.10 million during the quarter, compared to analyst estimates of $21.15 million. During the same period in the prior year, the business earned $0.16 EPS.

Institutional Trading of Travelzoo

Institutional investors have recently made changes to their positions in the stock. American Century Companies Inc. purchased a new stake in shares of Travelzoo during the 2nd quarter valued at about $82,000. Ritholtz Wealth Management purchased a new stake in shares of Travelzoo during the 2nd quarter valued at about $82,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of Travelzoo during the 1st quarter valued at about $132,000. Fermata Advisors LLC purchased a new stake in shares of Travelzoo during the 2nd quarter valued at about $101,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in shares of Travelzoo in the first quarter worth approximately $277,000. Hedge funds and other institutional investors own 27.39% of the company’s stock.

Insider Activity at Travelzoo

In related news, major shareholder Azzurro Capital Inc sold 3,500 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $9.32, for a total transaction of $32,620.00. Following the sale, the insider now directly owns 5,033,871 shares of the company’s stock, valued at approximately $46,915,677.72. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, major shareholder Azzurro Capital Inc sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $9.32, for a total transaction of $32,620.00. Following the sale, the insider now owns 5,033,871 shares of the company’s stock, valued at $46,915,677.72. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Holger Bartel sold 13,466 shares of the firm’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $10.19, for a total transaction of $137,218.54. Following the sale, the chief executive officer now directly owns 302,534 shares in the company, valued at approximately $3,082,821.46. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 396,754 shares of company stock valued at $4,842,896. 47.00% of the stock is owned by insiders.

Travelzoo declared that its board has initiated a share repurchase program on Wednesday, October 23rd that allows the company to repurchase 1,000,000 outstanding shares. This repurchase authorization allows the information services provider to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s management believes its stock is undervalued.

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.