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

Travelzoo (NASDAQ:TZOO) had its price objective lowered by Barrington Research from $14.00 to $12.00 in a research note released on Wednesday, Benzinga reports. Barrington Research currently has an outperform rating on the information services provider’s stock. 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 report on Tuesday, April 16th.

Travelzoo Stock Performance

Shares of NASDAQ:TZOO opened at $8.58 on Wednesday. The firm has a 50 day simple moving average of $9.59 and a 200 day simple moving average of $8.86. Travelzoo has a 52 week low of $4.77 and a 52 week high of $11.23. The company has a market cap of $113.26 million, a PE ratio of 10.34 and a beta of 1.71.

Travelzoo (NASDAQ:TZOO) last released its 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 business had revenue of $21.15 million during the quarter, compared to analysts’ expectations of $21.59 million. Travelzoo had a net margin of 14.64% and a return on equity of 136.51%. On average, equities analysts predict that Travelzoo will post 0.99 earnings per share for the current year.

Insider Activity

In related news, major shareholder Azzurro Capital Inc sold 10,000 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $8.71, for a total value of $87,100.00. Following the transaction, the insider now owns 5,393,302 shares in the company, valued at $46,975,660.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 148,931 shares of company stock worth $1,483,335 in the last three months. 57.45% of the stock is owned by insiders.

Institutional Trading of Travelzoo

A number of institutional investors and hedge funds have recently made changes to their positions in TZOO. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Travelzoo in the 3rd quarter valued at approximately $82,000. Hillsdale Investment Management Inc. acquired a new position in Travelzoo during the 4th quarter worth $171,000. Hennion & Walsh Asset Management Inc. bought a new stake in Travelzoo during the 1st quarter valued at approximately $277,000. Janiczek Wealth Management LLC bought a new stake in shares of Travelzoo in the fourth quarter valued at approximately $275,000. Finally, Jump Financial LLC grew its position in 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 last quarter. Institutional investors and hedge funds own 27.39% of the company’s stock.

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.