Travelzoo (TZOO) Scheduled to Post Earnings on Wednesday

Travelzoo (NASDAQ:TZOO) is scheduled to announce its earnings results before the market opens on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.28 per share for the quarter.

Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings data on Wednesday, February 28th. The information services provider reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.03). Travelzoo had a return on equity of 136.51% and a net margin of 14.64%. The business had revenue of $21.15 million during the quarter, compared to the consensus estimate of $21.59 million. On average, analysts expect Travelzoo to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Travelzoo Stock Down 1.3 %

Shares of Travelzoo stock traded down $0.12 during trading on Friday, reaching $8.91. The company’s stock had a trading volume of 57,716 shares, compared to its average volume of 76,679. Travelzoo has a 52-week low of $4.77 and a 52-week high of $11.23. The firm’s 50-day moving average is $9.55 and its two-hundred day moving average is $8.76. The company has a market cap of $117.61 million, a price-to-earnings ratio of 10.73 and a beta of 1.71.

Insider Activity

In related news, major shareholder Azzurro Capital Inc sold 43,431 shares of the firm’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $10.58, for a total value of $459,499.98. Following the completion of the sale, the insider now directly owns 5,222,371 shares in the company, valued at $55,252,685.18. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 148,931 shares of company stock valued at $1,483,335. 57.45% of the stock is currently owned by insiders.

Institutional Trading of Travelzoo

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd bought a new position in shares of Travelzoo during the second quarter valued at approximately $134,000. Cetera Advisor Networks LLC purchased a new position in Travelzoo during the 1st quarter valued at $131,000. Goldman Sachs Group Inc. bought a new position in Travelzoo in the 2nd quarter valued at $125,000. Walleye Capital LLC increased its stake in Travelzoo by 57.7% in the third quarter. Walleye Capital LLC now owns 17,173 shares of the information services provider’s stock worth $100,000 after purchasing an additional 6,284 shares during the period. Finally, Sei Investments Co. bought a new stake in shares of Travelzoo during the fourth quarter worth $96,000. 27.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TZOO shares. Barrington Research boosted their price target on shares of Travelzoo from $10.00 to $14.00 and gave the stock an “outperform” rating in a research report on Thursday, February 29th. StockNews.com upgraded shares of Travelzoo from a “buy” rating to a “strong-buy” rating in a research report on Tuesday.

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.