FY2024 EPS Estimates for Travelzoo Reduced by Analyst (NASDAQ:TZOO)

Travelzoo (NASDAQ:TZOO) – Barrington Research decreased their FY2024 earnings estimates for shares of Travelzoo in a research report issued to clients and investors on Tuesday, April 23rd. Barrington Research analyst J. Goss now expects that the information services provider will earn $1.12 per share for the year, down from their prior forecast of $1.13. Barrington Research has a “Outperform” rating and a $12.00 price objective on the stock. The consensus estimate for Travelzoo’s current full-year earnings is $0.99 per share. Barrington Research also issued estimates for Travelzoo’s Q1 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.24 EPS, FY2025 earnings at $1.28 EPS and FY2026 earnings at $1.39 EPS.

Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings data on Wednesday, April 24th. The information services provider reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. Travelzoo had a net margin of 14.64% and a return on equity of 136.51%. The firm had revenue of $21.99 million for the quarter, compared to the consensus estimate of $23.72 million.

Separately, StockNews.com downgraded shares of Travelzoo from a “strong-buy” rating to a “buy” rating in a research note on Thursday.

Travelzoo Price Performance

NASDAQ TZOO opened at $8.50 on Wednesday. Travelzoo has a 12 month low of $4.77 and a 12 month high of $11.23. The company has a market capitalization of $112.20 million, a price-to-earnings ratio of 10.24 and a beta of 1.71. The company’s fifty day moving average price is $9.59 and its two-hundred day moving average price is $8.85.

Institutional Trading of Travelzoo

A number of large investors have recently modified their holdings of TZOO. Denali Advisors LLC increased its holdings in shares of Travelzoo by 71.9% in the 3rd quarter. Denali Advisors LLC now owns 37,300 shares of the information services provider’s stock worth $217,000 after acquiring an additional 15,600 shares during the period. Acadian Asset Management LLC increased its holdings in shares of Travelzoo by 16.0% in the 3rd quarter. Acadian Asset Management LLC now owns 411,733 shares of the information services provider’s stock worth $2,398,000 after acquiring an additional 56,741 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Travelzoo during the 3rd quarter valued at about $82,000. Trexquant Investment LP increased its stake in Travelzoo by 184.1% during the 3rd quarter. Trexquant Investment LP now owns 61,808 shares of the information services provider’s stock valued at $360,000 after buying an additional 40,051 shares during the period. Finally, Janiczek Wealth Management LLC acquired a new position in Travelzoo during the 4th quarter valued at about $275,000. Institutional investors and hedge funds own 27.39% of the company’s stock.

Insiders Place Their Bets

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 18,000 shares of the stock in a transaction on Monday, March 4th. The shares were sold at an average price of $8.52, for a total transaction of $153,360.00. Following the sale, the insider now directly owns 5,440,802 shares of the company’s stock, valued at $46,355,633.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders have sold 148,931 shares of company stock valued at $1,483,335. Company insiders own 57.45% 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.