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

Travelzoo (NASDAQ:TZOO) had its target price reduced by stock analysts at Barrington Research from $14.00 to $12.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage currently has an “outperform” rating on the information services provider’s stock. Barrington Research’s price objective suggests a potential upside of 39.86% from the company’s previous close. 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 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 Travelzoo stock traded down $0.75 on Wednesday, hitting $8.58. 187,542 shares of the company’s stock were exchanged, compared to its average volume of 101,152. The company has a 50-day simple moving average of $9.59 and a 200-day simple moving average of $8.86. The stock has a market capitalization of $113.26 million, a PE ratio of 10.34 and a beta of 1.71. Travelzoo has a 1 year low of $4.77 and a 1 year high of $11.23.

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

Insider Transactions at Travelzoo

In related news, major shareholder Azzurro Capital Inc sold 43,431 shares of Travelzoo stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $10.58, for a total transaction of $459,499.98. Following the completion of the transaction, the insider now directly owns 5,222,371 shares of the company’s stock, valued at approximately $55,252,685.18. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 148,931 shares of company stock worth $1,483,335 in the last three months. Insiders own 47.00% of the company’s stock.

Institutional Investors Weigh In On Travelzoo

Large investors have recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Travelzoo in the 3rd quarter valued at about $82,000. Hillsdale Investment Management Inc. bought a new stake in shares of Travelzoo in the 4th quarter valued at about $171,000. Hennion & Walsh Asset Management Inc. bought a new stake in shares of Travelzoo in the 1st quarter valued at about $277,000. Janiczek Wealth Management LLC bought a new position in shares of Travelzoo during the 4th quarter worth approximately $275,000. Finally, Jump Financial LLC raised its stake in shares of Travelzoo by 46.4% during the 4th quarter. Jump Financial LLC now owns 30,900 shares of the information services provider’s stock worth $294,000 after acquiring an additional 9,800 shares in the last quarter. 27.39% of the stock is owned by hedge funds and other institutional investors.

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.