Travelzoo (NASDAQ:TZOO) Issues Quarterly Earnings Results, Meets Estimates

Travelzoo (NASDAQ:TZOO) released its quarterly earnings data on Tuesday. The information services provider reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26, RTT News reports. Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. The firm had revenue of $20.68 million during the quarter, compared to the consensus estimate of $22.06 million. During the same quarter in the previous year, the company posted $0.23 earnings per share.

Travelzoo Stock Performance

Travelzoo stock opened at $15.33 on Wednesday. The firm has a market capitalization of $180.91 million, a P/E ratio of 14.29 and a beta of 1.70. The company has a 50-day simple moving average of $20.26 and a 200-day simple moving average of $16.94. Travelzoo has a one year low of $7.12 and a one year high of $24.85.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Ascendiant Capital Markets lifted their price target on shares of Travelzoo from $18.00 to $23.00 and gave the company a “buy” rating in a report on Monday, November 11th. Barrington Research decreased their target price on Travelzoo from $25.00 to $17.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, StockNews.com cut Travelzoo from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 1st.

Insider Buying and Selling at Travelzoo

In other news, CEO Holger Bartel sold 23,057 shares of Travelzoo stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $19.73, for a total transaction of $454,914.61. Following the sale, the chief executive officer now owns 4,000 shares of the company’s stock, valued at approximately $78,920. The trade was a 85.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Azzurro Capital Inc sold 20,000 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $19.60, for a total value of $392,000.00. Following the completion of the transaction, the insider now directly owns 4,442,696 shares of the company’s stock, valued at $87,076,841.60. This trade represents a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 47.00% of the stock is currently owned by company insiders.

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.