Travelzoo (NASDAQ:TZOO – Get Rating) – Stock analysts at Barrington Research increased their FY2022 earnings estimates for Travelzoo in a research report issued on Monday, May 2nd. Barrington Research analyst J. Goss now forecasts that the information services provider will post earnings per share of $0.55 for the year, up from their previous forecast of $0.40.
Travelzoo (NASDAQ:TZOO – Get Rating) last announced its quarterly earnings results on Tuesday, April 26th. The information services provider reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.15. Travelzoo had a negative return on equity of 1,142.83% and a net margin of 7.67%. During the same period in the prior year, the firm posted ($0.14) EPS.
Shares of TZOO stock opened at $7.77 on Thursday. Travelzoo has a 1-year low of $5.20 and a 1-year high of $18.47. The stock’s fifty day moving average price is $6.72 and its 200 day moving average price is $8.86. The company has a market cap of $93.68 million, a price-to-earnings ratio of 20.45 and a beta of 1.56.
In other Travelzoo news, CEO Holger Bartel sold 7,000 shares of Travelzoo stock in a transaction dated Monday, May 2nd. The stock was sold at an average price of $7.40, for a total transaction of $51,800.00. Following the completion of the sale, the chief executive officer now owns 516,967 shares of the company’s stock, valued at approximately $3,825,555.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Azzurro Capital Inc sold 12,930 shares of the business’s stock in a transaction dated Wednesday, March 9th. The shares were sold at an average price of $7.40, for a total value of $95,682.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 323,191 shares of company stock valued at $2,060,765. 47.42% of the stock is currently owned by insiders.
Several hedge funds have recently modified their holdings of TZOO. Morgan Stanley lifted its holdings in shares of Travelzoo by 31.0% in the 1st quarter. Morgan Stanley now owns 21,823 shares of the information services provider’s stock valued at $366,000 after buying an additional 5,166 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Travelzoo by 5.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 21,880 shares of the information services provider’s stock valued at $254,000 after buying an additional 1,062 shares during the period. BlackRock Inc. lifted its holdings in shares of Travelzoo by 10.4% in the 3rd quarter. BlackRock Inc. now owns 136,861 shares of the information services provider’s stock valued at $1,588,000 after buying an additional 12,929 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Travelzoo by 5.2% in the 3rd quarter. Geode Capital Management LLC now owns 63,487 shares of the information services provider’s stock valued at $736,000 after buying an additional 3,138 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of Travelzoo by 5.7% in the 3rd quarter. Renaissance Technologies LLC now owns 597,591 shares of the information services provider’s stock valued at $6,932,000 after buying an additional 32,400 shares during the period. 34.22% of the stock is owned by institutional investors and hedge funds.
Travelzoo Company Profile (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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