FY2024 Earnings Forecast for Travelzoo Issued By Barrington Research (NASDAQ:TZOO)

Travelzoo (NASDAQ:TZOO) – Equities research analysts at Barrington Research lowered their FY2024 EPS estimates for Travelzoo in a report released on Tuesday, April 23rd. Barrington Research analyst J. Goss now anticipates that the information services provider will earn $1.12 per share for the year, down from their previous forecast of $1.13. Barrington Research has a “Outperform” rating and a $14.00 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 announced its quarterly earnings results on Wednesday, February 28th. The information services provider reported $0.24 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.03). Travelzoo had a return on equity of 136.51% and a net margin of 14.64%. The company had revenue of $21.15 million for the quarter, compared to analyst estimates of $21.59 million.

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

Travelzoo Stock Performance

Shares of TZOO stock opened at $9.33 on Wednesday. The stock’s 50-day moving average is $9.59 and its two-hundred day moving average is $8.86. Travelzoo has a 1 year low of $4.77 and a 1 year high of $11.23. The firm has a market cap of $123.16 million, a price-to-earnings ratio of 11.24 and a beta of 1.71.

Insider Activity

In related 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 completion of the sale, 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 SEC, which can be accessed through the SEC website. Insiders have sold 148,931 shares of company stock valued at $1,483,335 in the last ninety days. 47.00% of the stock is currently owned by company insiders.

Institutional Trading of Travelzoo

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC increased its holdings in shares of Travelzoo by 16.0% in the third quarter. Acadian Asset Management LLC now owns 411,733 shares of the information services provider’s stock valued at $2,398,000 after purchasing an additional 56,741 shares during the period. Trexquant Investment LP increased its stake in Travelzoo by 184.1% in 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. Quadrature Capital Ltd purchased a new position in Travelzoo during the 4th quarter worth $445,000. Denali Advisors LLC raised its position in Travelzoo by 5.1% during the 4th quarter. Denali Advisors LLC now owns 39,200 shares of the information services provider’s stock worth $374,000 after buying an additional 1,900 shares during the last quarter. Finally, Jump Financial LLC lifted its stake 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 acquiring an additional 9,800 shares during the period. 27.39% of the stock is owned by hedge funds and other institutional investors.

About Travelzoo

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.