Travelzoo (NASDAQ:TZOO - Get Free Report) released its earnings results on Wednesday. The information services provider reported $0.26 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.26, RTT News reports. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. The firm had revenue of $20.68 million during the quarter, compared to analyst estimates of $22.06 million. During the same period last year, the business posted $0.23 earnings per share.
Travelzoo Stock Performance
Shares of NASDAQ:TZOO traded up $0.73 on Friday, hitting $16.47. 165,063 shares of the company's stock were exchanged, compared to its average volume of 123,404. Travelzoo has a 1-year low of $7.12 and a 1-year high of $24.85. The company has a market capitalization of $194.41 million, a PE ratio of 15.39 and a beta of 1.70. The firm's 50-day moving average is $20.01 and its 200 day moving average is $16.96.
Insider Transactions at Travelzoo
In other Travelzoo news, major shareholder Azzurro Capital Inc sold 20,000 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $19.60, for a total value of $392,000.00. Following the transaction, the insider now directly owns 4,442,696 shares in the company, valued at $87,076,841.60. This represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Holger Bartel sold 23,057 shares of the business's stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $19.73, for a total transaction of $454,914.61. Following the sale, the chief executive officer now owns 4,000 shares of the company's stock, valued at $78,920. This represents a 85.22 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 47.00% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on TZOO shares. Ascendiant Capital Markets increased their price target on Travelzoo from $18.00 to $23.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Barrington Research reduced their target price on shares of Travelzoo from $25.00 to $17.00 and set an "outperform" rating on the stock in a report on Tuesday. Finally, StockNews.com cut shares of Travelzoo from a "strong-buy" rating to a "buy" rating in a report on Friday, November 1st.
Read Our Latest Stock Report on Travelzoo
Travelzoo Company Profile
(
Get Free Report)
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.
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