Travelzoo (NASDAQ:TZOO) Issues Quarterly Earnings Results, Misses Expectations By $0.11 EPS

Key Points

• Travelzoo reported a quarterly loss of $0.20 per share, missing analysts’ consensus estimate of a $0.09 loss by $0.11 and declining from $0.01 EPS in the year-ago period.
• Shares opened at $5.11 and were up 0.8%, but remain well below their 50-day and 200-day moving averages and near the lower end of their 12-month range.
• Analyst sentiment is mixed, with two Buy ratings, one Hold and one Sell; the stock carries an average rating of Hold and an average price target of $13.83.

Travelzoo (NASDAQ:TZOO - Get Free Report) posted its quarterly earnings data on Tuesday. The information services provider reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.11), RTT News reports. Travelzoo had a net margin of 0.51% and a negative return on equity of 9.35%. During the same period in the prior year, the business posted $0.01 EPS.

Travelzoo Trading Up 0.8%

Shares of NASDAQ:TZOO opened at $5.11 on Tuesday. The stock has a market capitalization of $52.12 million, a P/E ratio of 170.33 and a beta of 1.36. The stock's 50-day moving average price is $5.80 and its 200-day moving average price is $7.45. Travelzoo has a 12-month low of $4.72 and a 12-month high of $12.39.

Wall Street Analyst Weigh In

TZOO has been the subject of a number of research analyst reports. Ascendiant Capital Markets dropped their price target on Travelzoo from $23.00 to $20.00 and set a "buy" rating for the company in a research report on Thursday, August 20th. Weiss Ratings downgraded shares of Travelzoo from a "sell (d+)" rating to a "sell (d)" rating in a research note on Tuesday, September 29th. Zacks Research upgraded shares of Travelzoo from a "strong sell" rating to a "hold" rating in a research report on Tuesday, October 20th. Wall Street Zen cut shares of Travelzoo from a "hold" rating to a "sell" rating in a research note on Saturday, August 22nd. Finally, UBS Group set a $9.50 price objective on shares of Travelzoo in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $13.83.

Travelzoo Company Profile

Travelzoo NASDAQ: TZOO is an internet media company that publishes travel and entertainment offers for consumers. Its platform features deals on hotels, vacations, cruises, flights, restaurants, spas, events and other leisure activities, connecting participating businesses with an audience of members and website visitors.

The company's products and services include its travel and local-deals publications, destination and deal guides, and online tools that help users discover and compare travel opportunities.

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