Travelzoo (NASDAQ:TZOO) Announces Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Travelzoo (NASDAQ:TZOO - Get Free Report) issued its 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. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. The company had revenue of $23.14 million during the quarter, compared to the consensus estimate of $22.99 million.

Travelzoo Price Performance

Shares of NASDAQ:TZOO traded up $0.04 on Friday, hitting $14.18. The company's stock had a trading volume of 183,992 shares, compared to its average volume of 127,994. Travelzoo has a 1 year low of $7.12 and a 1 year high of $24.85. The company has a market capitalization of $159.45 million, a PE ratio of 13.25 and a beta of 1.41. The company has a 50-day simple moving average of $13.58 and a 200 day simple moving average of $17.26.

Wall Street Analyst Weigh In

Separately, Barrington Research reaffirmed an "outperform" rating and set a $17.00 price objective on shares of Travelzoo in a research note on Tuesday, April 29th.

Insider Activity at Travelzoo

In other news, CEO Holger Bartel sold 4,000 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $15.42, for a total transaction of $61,680.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Azzurro Capital Inc sold 32,500 shares of the company's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $14.33, for a total transaction of $465,725.00. Following the completion of the transaction, the insider now owns 4,322,696 shares of the company's stock, valued at $61,944,233.68. This trade represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 101,500 shares of company stock valued at $1,471,555 over the last three months. 47.00% of the stock is owned by corporate insiders.

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.