Travelzoo (NASDAQ:TZOO) Issues Quarterly Earnings Results

Travelzoo (NASDAQ:TZOO) announced its quarterly earnings results on Tuesday. The information services provider reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.11), RTT News reports. Travelzoo had a negative return on equity of 9.35% and a net margin of 0.51%. During the same quarter in the prior year, the business posted $0.01 earnings per share.

Travelzoo Stock Performance

TZOO stock opened at $5.11 on Tuesday. Travelzoo has a fifty-two week low of $4.72 and a fifty-two week high of $12.39. The company has a market capitalization of $52.12 million, a price-to-earnings ratio of 170.33 and a beta of 1.36. The business’s 50 day moving average price is $5.80 and its two-hundred day moving average price is $7.45.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on TZOO shares. Wall Street Zen downgraded Travelzoo from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. Ascendiant Capital Markets reduced their target price on Travelzoo from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Thursday, August 20th. Zacks Research raised Travelzoo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 20th. UBS Group set a $9.50 price target on Travelzoo in a research note on Wednesday, July 29th. Finally, Weiss Ratings cut shares of Travelzoo from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, September 29th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $13.83.

About Travelzoo

Travelzoo (NASDAQ: TZOO) is an internet media company that publishes travel and entertainment offers for consumers. Its platform features deals on hotels, vacations, cruises, flights, restaurants, spas, events and other leisure activities, connecting participating businesses with an audience of members and website visitors.

The company’s products and services include its travel and local-deals publications, destination and deal guides, and online tools that help users discover and compare travel opportunities.