Barrington Research Reiterates Outperform Rating for Travelzoo (NASDAQ:TZOO)

Travelzoo (NASDAQ:TZOO - Get Free Report)'s stock had its "outperform" rating reaffirmed by analysts at Barrington Research in a note issued to investors on Thursday,Benzinga reports. They presently have a $17.00 price objective on the information services provider's stock. Barrington Research's target price suggests a potential upside of 57.26% from the stock's previous close. Barrington Research also issued estimates for Travelzoo's FY2027 earnings at $1.20 EPS.

A number of other equities analysts have also weighed in on the company. Noble Financial reiterated an "outperform" rating on shares of Travelzoo in a research report on Wednesday, April 30th. Ascendiant Capital Markets increased their price target on Travelzoo from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Friday, May 30th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $25.67.

Travelzoo Trading Up 0.1%

TZOO stock traded up $0.01 during trading hours on Thursday, hitting $10.81. 256,327 shares of the stock traded hands, compared to its average volume of 136,546. The stock has a 50-day simple moving average of $13.02 and a 200 day simple moving average of $14.95. Travelzoo has a one year low of $9.16 and a one year high of $24.85. The company has a market cap of $119.99 million, a P/E ratio of 12.15 and a beta of 1.13.

Travelzoo (NASDAQ:TZOO - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The information services provider reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.11). Travelzoo had a net margin of 12.32% and a return on equity of 566.64%. The firm had revenue of $23.91 million for the quarter, compared to the consensus estimate of $23.51 million. Analysts forecast that Travelzoo will post 1.09 earnings per share for the current year.

Insider Transactions at Travelzoo

In related news, major shareholder Azzurro Capital Inc sold 76,500 shares of the stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $13.15, for a total value of $1,005,975.00. Following the completion of the sale, the insider directly owned 4,062,696 shares of the company's stock, valued at approximately $53,424,452.40. This represents a 1.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last three months, insiders sold 152,500 shares of company stock valued at $2,017,270. 43.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Travelzoo

Several hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in shares of Travelzoo by 352.5% during the 4th quarter. JPMorgan Chase & Co. now owns 57,224 shares of the information services provider's stock worth $1,142,000 after purchasing an additional 44,578 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Travelzoo during the 4th quarter worth about $2,102,000. Renaissance Technologies LLC raised its stake in shares of Travelzoo by 17.9% during the 4th quarter. Renaissance Technologies LLC now owns 710,182 shares of the information services provider's stock worth $14,168,000 after purchasing an additional 107,681 shares in the last quarter. Tidal Investments LLC purchased a new stake in shares of Travelzoo during the 4th quarter worth about $710,000. Finally, Northern Trust Corp raised its stake in shares of Travelzoo by 12.1% during the 4th quarter. Northern Trust Corp now owns 27,678 shares of the information services provider's stock worth $552,000 after purchasing an additional 2,995 shares in the last quarter. 27.39% of the stock is owned by hedge funds and other institutional investors.

About Travelzoo

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.