Travelzoo (TZOO) Set to Announce Earnings on Wednesday

Travelzoo (NASDAQ:TZOO - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, October 23rd. Analysts expect Travelzoo to post earnings of $0.20 per share for the quarter. Parties interested in participating in the company's conference call can do so using this link.

Travelzoo (NASDAQ:TZOO - Get Free Report) last released its earnings results on Thursday, July 25th. The information services provider reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.04. Travelzoo had a return on equity of 170.06% and a net margin of 15.59%. The company had revenue of $21.14 million during the quarter, compared to analyst estimates of $21.58 million. During the same quarter in the previous year, the company posted $0.17 EPS. On average, analysts expect Travelzoo to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Travelzoo Stock Up 2.9 %

Shares of Travelzoo stock traded up $0.37 on Tuesday, hitting $12.93. The stock had a trading volume of 129,191 shares, compared to its average volume of 102,855. Travelzoo has a one year low of $4.77 and a one year high of $15.23. The stock's 50-day simple moving average is $12.52 and its two-hundred day simple moving average is $9.94. The stock has a market cap of $169.36 million, a price-to-earnings ratio of 14.21 and a beta of 1.74.

Insiders Place Their Bets

In other Travelzoo news, CEO Holger Bartel sold 100,000 shares of the firm's stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $11.44, for a total transaction of $1,144,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, major shareholder Azzurro Capital Inc sold 3,500 shares of the firm's stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $9.32, for a total transaction of $32,620.00. Following the sale, the insider now owns 5,033,871 shares of the company's stock, valued at $46,915,677.72. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Holger Bartel sold 100,000 shares of the business's stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $11.44, for a total transaction of $1,144,000.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 379,254 shares of company stock valued at $4,459,596. 57.45% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on TZOO shares. StockNews.com raised shares of Travelzoo from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, September 25th. Litchfield Hills Research assumed coverage on shares of Travelzoo in a research note on Wednesday, September 4th. They issued a "buy" rating and a $35.00 price target for the company. Ascendiant Capital Markets increased their target price on Travelzoo from $17.00 to $18.00 and gave the stock a "buy" rating in a research report on Monday, August 19th. Finally, Barrington Research lifted their price target on shares of Travelzoo from $12.00 to $15.00 and gave the company an "outperform" rating in a research report on Tuesday.

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.