Barrington Research Cuts Travelzoo (NASDAQ:TZOO) Price Target to $12.00

Travelzoo (NASDAQ:TZOO) had its price target lowered by Barrington Research from $14.00 to $12.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage 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 shares of Travelzoo from a buy rating to a strong-buy rating in a research report on Tuesday, April 16th.

Travelzoo Stock Down 8.0 %

TZOO stock opened at $8.58 on Wednesday. Travelzoo has a 52 week low of $4.77 and a 52 week high of $11.23. The business has a 50-day simple moving average of $9.59 and a 200 day simple moving average of $8.86. 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 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.03). Travelzoo had a net margin of 14.64% and a return on equity of 136.51%. The firm had revenue of $21.15 million during the quarter, compared to the consensus estimate of $21.59 million. On average, analysts anticipate that Travelzoo will post 0.99 EPS for the current fiscal year.

Insider Activity at Travelzoo

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 43,431 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $10.58, for a total transaction of $459,499.98. Following the completion of the transaction, the insider now owns 5,222,371 shares of the company’s stock, valued at $55,252,685.18. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 148,931 shares of company stock valued at $1,483,335 over the last ninety days. 57.45% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Travelzoo during the 3rd quarter valued at $82,000. Hillsdale Investment Management Inc. acquired a new stake in shares of Travelzoo during the fourth quarter valued at about $171,000. Hennion & Walsh Asset Management Inc. bought a new stake in shares of Travelzoo during the first quarter worth about $277,000. Janiczek Wealth Management LLC acquired a new position in shares of Travelzoo in the fourth quarter valued at approximately $275,000. Finally, Jump Financial LLC raised its holdings in Travelzoo by 46.4% in the 4th quarter. Jump Financial LLC now owns 30,900 shares of the information services provider’s stock valued at $294,000 after buying an additional 9,800 shares during the last quarter. 27.39% of the stock is currently owned by institutional investors and hedge funds.

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.