Travelzoo (NASDAQ:TZOO) PT Lowered to $12.00

Travelzoo (NASDAQ:TZOO) had its price target decreased by equities researchers at Barrington Research from $14.00 to $12.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has an “outperform” rating on the information services provider’s stock. Barrington Research’s price objective would suggest a potential upside of 41.18% from the company’s previous close. Barrington Research also issued estimates for Travelzoo’s FY2024 earnings at $1.12 EPS, 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 raised shares of Travelzoo from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 16th.

Travelzoo Stock Down 0.9 %

Shares of TZOO stock opened at $8.50 on Wednesday. Travelzoo has a 12-month low of $4.77 and a 12-month high of $11.23. The company has a market capitalization of $112.20 million, a P/E ratio of 10.24 and a beta of 1.71. The firm has a 50-day moving average price of $9.59 and a 200 day moving average price of $8.85.

Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings results on Wednesday, April 24th. The information services provider reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.02. Travelzoo had a net margin of 14.64% and a return on equity of 136.51%. The firm had revenue of $21.99 million during the quarter, compared to the consensus estimate of $23.72 million. As a group, research analysts expect that Travelzoo will post 0.99 earnings per share for the current year.

Insiders Place Their Bets

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 18,000 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $8.52, for a total value of $153,360.00. Following the completion of the transaction, the insider now directly owns 5,440,802 shares of the company’s stock, valued at $46,355,633.04. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last three months, insiders sold 148,931 shares of company stock valued at $1,483,335. Insiders own 57.45% of the company’s stock.

Institutional Investors Weigh In On Travelzoo

Institutional investors and hedge funds have recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Travelzoo during the third quarter worth approximately $82,000. Hillsdale Investment Management Inc. bought a new stake in shares of Travelzoo during the fourth quarter worth approximately $171,000. Hennion & Walsh Asset Management Inc. bought a new stake in shares of Travelzoo during the first quarter worth approximately $277,000. Janiczek Wealth Management LLC bought a new stake in shares of Travelzoo during the fourth quarter worth approximately $275,000. Finally, Jump Financial LLC raised its stake in shares of Travelzoo by 46.4% during the fourth quarter. Jump Financial LLC now owns 30,900 shares of the information services provider’s stock worth $294,000 after buying an additional 9,800 shares during the last quarter. 27.39% of the stock is owned by institutional investors.

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.