Travelzoo (NASDAQ:TZOO) Earns Buy Rating from Analysts at Litchfield Hills Research

Litchfield Hills Research began coverage on shares of Travelzoo (NASDAQ:TZOO) in a research note released on Wednesday, MarketBeat Ratings reports. The brokerage issued a buy rating and a $35.00 price objective on the information services provider’s stock. Litchfield Hills Research also issued estimates for Travelzoo’s Q3 2024 earnings at $0.23 EPS, Q4 2024 earnings at $0.25 EPS, FY2024 earnings at $1.01 EPS, Q1 2025 earnings at $0.16 EPS, Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.26 EPS, FY2025 earnings at $0.89 EPS and FY2026 earnings at $2.96 EPS.

A number of other research analysts also recently issued reports on TZOO. StockNews.com downgraded Travelzoo from a strong-buy rating to a buy rating in a research note on Monday, July 29th. Barrington Research restated an outperform rating and issued a $12.00 price objective on shares of Travelzoo in a research note on Friday, July 26th. Finally, Ascendiant Capital Markets upped their price objective on Travelzoo from $17.00 to $18.00 and gave the company a buy rating in a research note on Monday, August 19th. Three equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Travelzoo presently has a consensus rating of Buy and an average price target of $21.67.

Travelzoo Trading Up 3.6 %

NASDAQ TZOO opened at $11.50 on Wednesday. The firm has a market capitalization of $141.34 million, a P/E ratio of 12.64 and a beta of 1.74. The business has a fifty day simple moving average of $9.97 and a 200 day simple moving average of $9.25. Travelzoo has a 12 month low of $4.77 and a 12 month high of $12.59.

Travelzoo (NASDAQ:TZOO) last released its quarterly earnings results on Thursday, July 25th. The information services provider reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The business had revenue of $21.14 million during the quarter, compared to analyst estimates of $21.58 million. Travelzoo had a return on equity of 170.06% and a net margin of 15.59%. During the same period in the prior year, the firm posted $0.17 EPS. As a group, sell-side analysts predict that Travelzoo will post 0.95 EPS for the current fiscal year.

Insider Transactions at Travelzoo

In other news, CEO Holger Bartel sold 30,000 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $12.26, for a total transaction of $367,800.00. Following the completion of the transaction, the chief executive officer now owns 230,000 shares in the company, valued at approximately $2,819,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Travelzoo news, CEO Holger Bartel sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $12.26, for a total value of $367,800.00. Following the completion of the transaction, the chief executive officer now owns 230,000 shares in the company, valued at approximately $2,819,800. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Azzurro Capital Inc sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $9.32, for a total value of $32,620.00. Following the completion of the transaction, the insider now owns 5,033,871 shares of the company’s stock, valued at approximately $46,915,677.72. The disclosure for this sale can be found here. In the last 90 days, insiders sold 149,466 shares of company stock worth $1,510,039. 57.45% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in TZOO. Acadian Asset Management LLC boosted its stake in Travelzoo by 9.7% in the 1st quarter. Acadian Asset Management LLC now owns 535,786 shares of the information services provider’s stock worth $5,451,000 after purchasing an additional 47,352 shares during the period. Quadrature Capital Ltd bought a new position in Travelzoo in the 4th quarter worth about $445,000. Hennion & Walsh Asset Management Inc. bought a new position in Travelzoo in the 1st quarter worth about $277,000. Hillsdale Investment Management Inc. purchased a new stake in shares of Travelzoo in the 4th quarter valued at about $171,000. Finally, Fermata Advisors LLC purchased a new stake in shares of Travelzoo in the 2nd quarter valued at about $101,000. Institutional investors 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.