Travelzoo (NASDAQ:TZOO - Get Free Report) announced its quarterly earnings results on Wednesday. The information services provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02), Zacks reports. The company had revenue of $23.14 million during the quarter, compared to analysts' expectations of $22.99 million. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%.
Travelzoo Price Performance
TZOO stock traded up $0.27 during mid-day trading on Thursday, reaching $14.14. The company had a trading volume of 301,347 shares, compared to its average volume of 127,502. The company has a market capitalization of $159.00 million, a PE ratio of 13.21 and a beta of 1.41. The firm has a 50 day moving average of $13.58 and a 200 day moving average of $17.22. Travelzoo has a 12 month low of $7.12 and a 12 month high of $24.85.
Wall Street Analyst Weigh In
Separately, Barrington Research restated an "outperform" rating and set a $17.00 target price on shares of Travelzoo in a research report on Tuesday.
Check Out Our Latest Stock Analysis on Travelzoo
Insiders Place Their Bets
In other news, major shareholder Azzurro Capital Inc sold 25,000 shares of the business's stock in a transaction on Monday, March 31st. The stock was sold at an average price of $13.35, for a total value of $333,750.00. Following the completion of the transaction, the insider now directly owns 4,297,696 shares of the company's stock, valued at approximately $57,374,241.60. The trade was a 0.58 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Holger Bartel sold 4,000 shares of the business's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $15.42, for a total value of $61,680.00. The disclosure for this sale can be found here. Insiders have sold 101,500 shares of company stock worth $1,471,555 in the last three months. Corporate insiders own 47.00% of the company's stock.
About Travelzoo
(
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.
Further Reading
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