Barrington Research Issues Pessimistic Forecast for Travelzoo (NASDAQ:TZOO) Stock Price

Travelzoo (NASDAQ:TZOO) had its price target lowered by equities research analysts at Barrington Research from $25.00 to $17.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the information services provider’s stock. Barrington Research’s price objective suggests a potential upside of 20.82% from the company’s current price.

Several other research analysts have also issued reports on the company. StockNews.com lowered Travelzoo from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 1st. Ascendiant Capital Markets increased their price target on Travelzoo from $18.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, November 11th.

Travelzoo Price Performance

TZOO stock traded down $2.91 during trading on Tuesday, reaching $14.07. 562,413 shares of the company were exchanged, compared to its average volume of 142,756. The company has a market capitalization of $166.08 million, a price-to-earnings ratio of 13.15 and a beta of 1.70. The company has a 50-day moving average of $20.40 and a two-hundred day moving average of $16.92. Travelzoo has a twelve month low of $7.12 and a twelve month high of $24.85.

Travelzoo (NASDAQ:TZOO) last issued its earnings results on Wednesday, February 26th. The information services provider reported $0.26 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.26. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. During the same period in the previous year, the firm posted $0.23 earnings per share. On average, analysts forecast that Travelzoo will post 1.09 EPS for the current year.

Insider Buying and Selling at Travelzoo

In other news, CEO Holger Bartel sold 23,057 shares of the company’s stock in a transaction that occurred 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 $78,920. This represents a 85.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Azzurro Capital Inc sold 20,000 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 4,442,696 shares of the company’s stock, valued at $87,076,841.60. The trade was a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 47.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC raised its stake in shares of Travelzoo by 17.9% during the 4th quarter. Renaissance Technologies LLC now owns 710,182 shares of the information services provider’s stock worth $14,168,000 after purchasing an additional 107,681 shares during the period. Truffle Hound Capital LLC purchased a new stake in Travelzoo during the fourth quarter worth about $3,990,000. Hennion & Walsh Asset Management Inc. increased its holdings in Travelzoo by 14.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 145,837 shares of the information services provider’s stock worth $2,909,000 after buying an additional 18,651 shares during the last quarter. O Shaughnessy Asset Management LLC raised its position in Travelzoo by 66.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 113,337 shares of the information services provider’s stock worth $2,261,000 after acquiring an additional 45,283 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Travelzoo in the fourth quarter valued at about $2,102,000. Institutional investors own 27.39% of the company’s stock.

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.