Travelzoo (NASDAQ:TZOO) Releases Quarterly Earnings Results, Hits Estimates

Travelzoo (NASDAQ:TZOO) announced its quarterly earnings results on Tuesday. The information services provider reported $0.26 EPS for the quarter, meeting the consensus estimate of $0.26, RTT News reports. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. During the same period last year, the business posted $0.23 EPS.

Travelzoo Stock Performance

Shares of TZOO opened at $16.98 on Tuesday. The stock has a fifty day moving average price of $20.40 and a two-hundred day moving average price of $16.92. The company has a market cap of $200.43 million, a price-to-earnings ratio of 15.87 and a beta of 1.70. Travelzoo has a 52-week low of $7.12 and a 52-week high of $24.85.

Insider Transactions at Travelzoo

In other Travelzoo news, CEO Holger Bartel sold 23,057 shares of the stock in a transaction on Friday, December 20th. The stock was sold at an average price of $19.73, for a total value of $454,914.61. Following the transaction, the chief executive officer now directly owns 4,000 shares in the company, valued at approximately $78,920. This trade represents a 85.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Azzurro Capital Inc sold 20,000 shares of Travelzoo stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $19.60, for a total value of $392,000.00. Following the completion of the sale, 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. Company insiders own 47.00% of the company’s stock.

Analyst Upgrades and Downgrades

TZOO has been the subject of a number of analyst reports. StockNews.com cut Travelzoo from a “strong-buy” rating to a “buy” rating in a report on Friday, November 1st. 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.

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.