Travelzoo (NASDAQ:TZOO) PT Lowered to $12.00 at Barrington Research

Travelzoo (NASDAQ:TZOO) had its target price dropped by equities research analysts at Barrington Research from $14.00 to $12.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has an “outperform” rating on the information services provider’s stock. Barrington Research’s price target suggests a potential upside of 39.86% from the stock’s current price. Barrington Research also issued estimates for Travelzoo’s FY2024 earnings at $1.12 EPS, 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.

Separately, StockNews.com upgraded Travelzoo from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 16th.

Travelzoo Stock Down 8.0 %

TZOO stock traded down $0.75 during mid-day trading on Wednesday, reaching $8.58. 187,542 shares of the company traded hands, compared to its average volume of 101,152. The stock has a market cap of $113.26 million, a price-to-earnings ratio of 10.34 and a beta of 1.71. Travelzoo has a fifty-two week low of $4.77 and a fifty-two week high of $11.23. The firm’s 50 day moving average price is $9.59 and its 200 day moving average price is $8.86.

Travelzoo (NASDAQ:TZOO) last released its quarterly earnings results on Wednesday, February 28th. The information services provider reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.03). The company had revenue of $21.15 million for the quarter, compared to analyst estimates of $21.59 million. Travelzoo had a net margin of 14.64% and a return on equity of 136.51%. On average, analysts anticipate that Travelzoo will post 0.99 EPS for the current fiscal year.

Insider Transactions at Travelzoo

In other news, major shareholder Azzurro Capital Inc sold 18,000 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $8.52, for a total value of $153,360.00. Following the transaction, the insider now owns 5,440,802 shares in the company, valued at approximately $46,355,633.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 148,931 shares of company stock worth $1,483,335 in the last 90 days. Insiders own 47.00% of the company’s stock.

Institutional Investors Weigh In On Travelzoo

A number of hedge funds have recently modified their holdings of the stock. Acadian Asset Management LLC raised 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 purchasing an additional 56,741 shares during the period. Trexquant Investment LP raised its holdings in shares of Travelzoo by 184.1% in the 3rd quarter. Trexquant Investment LP now owns 61,808 shares of the information services provider’s stock worth $360,000 after purchasing an additional 40,051 shares during the period. Quadrature Capital Ltd bought a new stake in shares of Travelzoo in the 4th quarter worth approximately $445,000. Denali Advisors LLC raised its holdings in shares of Travelzoo by 5.1% in the 4th quarter. Denali Advisors LLC now owns 39,200 shares of the information services provider’s stock worth $374,000 after purchasing an additional 1,900 shares during the period. Finally, Jump Financial LLC raised its holdings in shares of Travelzoo by 46.4% in the 4th quarter. Jump Financial LLC now owns 30,900 shares of the information services provider’s stock worth $294,000 after purchasing an additional 9,800 shares during the period. 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.