Travelzoo (NASDAQ:TZOO) Expected to Announce Earnings of -$0.01 Per Share

Analysts forecast that Travelzoo (NASDAQ:TZOOGet Rating) will announce earnings per share of ($0.01) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Travelzoo’s earnings, with the lowest EPS estimate coming in at ($0.03) and the highest estimate coming in at $0.02. Travelzoo posted earnings per share of ($0.14) in the same quarter last year, which would indicate a positive year over year growth rate of 92.9%. The firm is scheduled to issue its next quarterly earnings results before the market opens on Monday, January 1st.

According to Zacks, analysts expect that Travelzoo will report full-year earnings of $0.43 per share for the current financial year, with EPS estimates ranging from $0.40 to $0.46. For the next financial year, analysts expect that the company will report earnings of $1.10 per share, with EPS estimates ranging from $0.90 to $1.30. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Travelzoo.

Travelzoo (NASDAQ:TZOOGet Rating) last announced its earnings results on Thursday, March 3rd. The information services provider reported ($0.25) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.38). Travelzoo had a negative return on equity of 111.27% and a net margin of 1.85%. The business had revenue of $14.14 million for the quarter, compared to analyst estimates of $18.88 million. During the same quarter in the previous year, the company earned $0.01 EPS.

TZOO has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Travelzoo from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 3rd. Ascendiant Capital Markets lowered shares of Travelzoo from a “buy” rating to a “hold” rating in a research report on Friday, March 18th. Finally, StockNews.com assumed coverage on shares of Travelzoo in a report on Thursday, March 31st. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $15.00.

Shares of NASDAQ:TZOO traded up $0.48 on Monday, reaching $6.36. 1,534 shares of the company’s stock were exchanged, compared to its average volume of 61,067. The company has a fifty day moving average of $7.12 and a 200-day moving average of $9.06. Travelzoo has a twelve month low of $5.20 and a twelve month high of $18.47. The company has a market capitalization of $76.68 million, a price-to-earnings ratio of 130.03 and a beta of 1.72.

In related news, Director Ralph Bartel sold 81,809 shares of the stock in a transaction that occurred on Wednesday, March 16th. The shares were sold at an average price of $5.45, for a total value of $445,859.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Azzurro Capital Inc sold 12,930 shares of the stock in a transaction that occurred on Wednesday, March 9th. The shares were sold at an average price of $7.40, for a total transaction of $95,682.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 268,091 shares of company stock valued at $1,681,161. 54.30% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the stock. Covestor Ltd bought a new position in Travelzoo in the 4th quarter valued at approximately $42,000. Eagle Asset Management Inc. bought a new position in Travelzoo in the 4th quarter valued at approximately $102,000. Raymond James & Associates lifted its stake in Travelzoo by 21.4% in the 4th quarter. Raymond James & Associates now owns 14,740 shares of the information services provider’s stock valued at $139,000 after purchasing an additional 2,600 shares during the last quarter. Natixis bought a new position in Travelzoo in the 3rd quarter valued at approximately $153,000. Finally, Eidelman Virant Capital lifted its stake in Travelzoo by 90.0% in the 4th quarter. Eidelman Virant Capital now owns 19,000 shares of the information services provider’s stock valued at $176,000 after purchasing an additional 9,000 shares during the last quarter. 32.38% of the stock is owned by institutional investors and hedge funds.

About Travelzoo (Get Rating)

Travelzoo, an Internet media company, provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include Travelzoo Website; Travelzoo iPhone and Android apps; Travelzoo Top 20 email newsletter; and Newsflash email alert service.

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Earnings History and Estimates for Travelzoo (NASDAQ:TZOO)

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