Travelzoo (NASDAQ:TZOO) Announces Earnings Results

Travelzoo (NASDAQ:TZOO) released its earnings results on Tuesday. The information services provider reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26, RTT News reports. Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. During the same quarter last year, the firm posted $0.23 earnings per share.

Travelzoo Stock Down 0.2 %

Shares of TZOO stock opened at $16.98 on Tuesday. Travelzoo has a 12-month low of $7.12 and a 12-month high of $24.85. The firm has a fifty day moving average of $20.40 and a 200-day moving average of $16.92. The firm has a market capitalization of $200.43 million, a price-to-earnings ratio of 15.87 and a beta of 1.70.

Insider Buying and Selling

In related news, major shareholder Azzurro Capital Inc sold 20,000 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $19.60, for a total transaction of $392,000.00. Following the completion of the sale, the insider now directly owns 4,442,696 shares of the company’s stock, valued at approximately $87,076,841.60. This represents a 0.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Holger Bartel sold 23,057 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $19.73, for a total transaction of $454,914.61. Following the sale, the chief executive officer now owns 4,000 shares in the company, valued at $78,920. This trade represents a 85.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 47.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

TZOO has been the subject of a number of analyst reports. StockNews.com cut Travelzoo from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 1st. Ascendiant Capital Markets raised their target price on Travelzoo from $18.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, November 11th.

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.