Travelzoo (TZOO) Projected to Post Earnings on Wednesday

Travelzoo (NASDAQ:TZOO) is projected to announce its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $22.06 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Travelzoo Price Performance

Shares of TZOO opened at $16.98 on Tuesday. The firm has a market capitalization of $200.36 million, a price-to-earnings ratio of 15.87 and a beta of 1.70. Travelzoo has a 1-year low of $7.12 and a 1-year high of $24.85. The company has a 50-day moving average of $20.40 and a 200 day moving average of $16.92.

Insiders Place Their Bets

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 20,000 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $19.60, for a total transaction of $392,000.00. Following the sale, the insider now owns 4,442,696 shares of the company’s stock, valued at approximately $87,076,841.60. This trade represents a 0.45 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Holger Bartel sold 23,057 shares of the business’s 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 completion of the transaction, the chief executive officer now directly 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 disclosure for this sale can be found here. 57.45% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in 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 research note on Monday, November 11th. StockNews.com downgraded Travelzoo from a “strong-buy” rating to a “buy” rating in a report on Friday, November 1st.

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.