Travelzoo (NASDAQ:TZOO) Given New $12.00 Price Target at Barrington Research

Travelzoo (NASDAQ:TZOO) had its target price trimmed by Barrington Research from $14.00 to $12.00 in a research report report published on Wednesday morning, Benzinga reports. The brokerage currently has an outperform rating on the information services provider’s stock. Barrington Research also issued estimates for Travelzoo’s Q2 2024 earnings at $0.20 EPS, Q3 2024 earnings at $0.18 EPS, Q4 2024 earnings at $0.30 EPS, FY2024 earnings at $1.12 EPS, FY2024 earnings at $0.99 EPS, Q1 2025 earnings at $0.37 EPS, Q1 2025 earnings at $0.35 EPS, Q2 2025 earnings at $0.24 EPS, Q3 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.34 EPS, FY2025 earnings at $1.28 EPS, FY2025 earnings at $1.14 EPS, FY2026 earnings at $1.24 EPS and FY2026 earnings at $1.39 EPS.

Separately, StockNews.com raised shares of Travelzoo from a buy rating to a strong-buy rating in a research report on Tuesday, April 16th.

Travelzoo Stock Performance

Shares of NASDAQ:TZOO opened at $8.58 on Wednesday. Travelzoo has a 52 week low of $4.77 and a 52 week high of $11.23. The company has a market capitalization of $113.27 million, a PE ratio of 9.43 and a beta of 1.71. The company has a 50 day moving average price of $9.57 and a two-hundred day moving average price of $8.87.

Travelzoo (NASDAQ:TZOO) last issued its earnings results on Wednesday, April 24th. The information services provider reported $0.31 EPS for the quarter, beating the consensus estimate of $0.29 by $0.02. Travelzoo had a net margin of 15.24% and a return on equity of 140.25%. The firm had revenue of $21.99 million during the quarter, compared to the consensus estimate of $23.72 million. On average, sell-side analysts forecast that Travelzoo will post 0.99 earnings per share for the current year.

Insider Transactions at Travelzoo

In other news, major shareholder Azzurro Capital Inc sold 10,000 shares of the stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $8.71, for a total transaction of $87,100.00. Following the completion of the sale, the insider now owns 5,393,302 shares of the company’s stock, valued at $46,975,660.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 148,931 shares of company stock valued at $1,483,335 over the last quarter. Corporate insiders own 57.45% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. bought a new position in Travelzoo in the third quarter valued at $82,000. Hillsdale Investment Management Inc. bought a new position in Travelzoo in the fourth quarter valued at $171,000. Denali Advisors LLC grew its position in Travelzoo by 71.9% in the third quarter. Denali Advisors LLC now owns 37,300 shares of the information services provider’s stock valued at $217,000 after purchasing an additional 15,600 shares in the last quarter. Janiczek Wealth Management LLC bought a new position in Travelzoo in the fourth quarter valued at $275,000. Finally, Hennion & Walsh Asset Management Inc. bought a new position in Travelzoo in the first quarter valued at $277,000. 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.