Research Analysts Set Expectations for Travelzoo’s FY2024 Earnings (NASDAQ:TZOO)

Travelzoo (NASDAQ:TZOO) – Research analysts at Barrington Research dropped their FY2024 EPS estimates for shares of Travelzoo in a research report issued on Tuesday, April 23rd. Barrington Research analyst J. Goss now expects that the information services provider will earn $1.12 per share for the year, down from their previous forecast of $1.13. Barrington Research has a “Outperform” rating and a $14.00 price objective on the stock. The consensus estimate for Travelzoo’s current full-year earnings is $0.99 per share. Barrington Research also issued estimates for Travelzoo’s Q1 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.24 EPS, FY2025 earnings at $1.28 EPS and FY2026 earnings at $1.39 EPS.

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

Travelzoo Trading Up 0.6 %

Shares of NASDAQ TZOO opened at $9.33 on Wednesday. The stock has a market capitalization of $123.16 million, a PE ratio of 11.24 and a beta of 1.71. Travelzoo has a 12-month low of $4.77 and a 12-month high of $11.23. The stock’s fifty day simple moving average is $9.59 and its two-hundred day simple moving average is $8.86.

Travelzoo (NASDAQ:TZOO) last issued its quarterly earnings data on Wednesday, February 28th. The information services provider reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.03). The business had revenue of $21.15 million for the quarter, compared to analysts’ expectations of $21.59 million. Travelzoo had a net margin of 14.64% and a return on equity of 136.51%.

Institutional Investors Weigh In On Travelzoo

Several institutional investors have recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Travelzoo in the 3rd quarter valued at approximately $82,000. Hillsdale Investment Management Inc. acquired a new stake in shares of Travelzoo during the fourth quarter worth $171,000. Denali Advisors LLC grew its holdings in shares of Travelzoo by 71.9% during the third quarter. Denali Advisors LLC now owns 37,300 shares of the information services provider’s stock valued at $217,000 after buying an additional 15,600 shares during the last quarter. Janiczek Wealth Management LLC acquired a new position in shares of Travelzoo in the 4th quarter valued at $275,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in Travelzoo in the 1st quarter worth $277,000. Institutional investors and hedge funds own 27.39% of the company’s stock.

Insiders Place Their Bets

In other news, major shareholder Azzurro Capital Inc sold 43,431 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $10.58, for a total transaction of $459,499.98. Following the completion of the sale, the insider now owns 5,222,371 shares in the company, valued at approximately $55,252,685.18. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last three months, insiders have sold 148,931 shares of company stock valued at $1,483,335. 47.00% of the stock is currently owned by insiders.

About Travelzoo

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.