Travelzoo (NASDAQ:TZOO) Expected to Announce Earnings of $0.13 Per Share

Equities analysts forecast that Travelzoo (NASDAQ:TZOOGet Rating) will report earnings per share (EPS) of $0.13 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Travelzoo’s earnings. The highest EPS estimate is $0.20 and the lowest is $0.06. Travelzoo posted earnings of $0.22 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 40.9%. The firm is scheduled to announce its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Travelzoo will report full-year earnings of $0.43 per share for the current fiscal year, with EPS estimates ranging from $0.40 to $0.46. For the next year, analysts anticipate that the firm will post earnings of $1.10 per share, with EPS estimates ranging from $0.90 to $1.30. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that that provide coverage for Travelzoo.

Travelzoo (NASDAQ:TZOOGet Rating) last issued its quarterly earnings results on Tuesday, April 26th. The information services provider reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.15. Travelzoo had a net margin of 7.67% and a negative return on equity of 1,142.83%. During the same quarter in the previous year, the company earned ($0.14) EPS.

Several analysts recently weighed in on the company. StockNews.com assumed coverage on Travelzoo in a research note on Thursday, March 31st. They issued a “buy” rating on the stock. Ascendiant Capital Markets downgraded Travelzoo from a “buy” rating to a “hold” rating in a research note on Friday, March 18th. Finally, Zacks Investment Research raised Travelzoo from a “strong sell” rating to a “hold” rating in a report on Thursday. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Travelzoo currently has an average rating of “Buy” and an average target price of $15.00.

Shares of Travelzoo stock traded up $0.09 on Monday, hitting $6.90. The stock had a trading volume of 55,386 shares, compared to its average volume of 92,227. The stock’s 50-day simple moving average is $6.82 and its two-hundred day simple moving average is $8.94. The stock has a market cap of $83.21 million, a price-to-earnings ratio of 18.16 and a beta of 1.72. Travelzoo has a one year low of $5.20 and a one year high of $18.47.

In other news, major shareholder Azzurro Capital Inc sold 12,930 shares of the stock in a transaction dated Wednesday, March 9th. The shares were sold at an average price of $7.40, for a total transaction of $95,682.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ralph Bartel sold 5,000 shares of the stock in a transaction dated Friday, April 29th. The stock was sold at an average price of $6.95, for a total transaction of $34,750.00. Following the sale, the director now directly owns 4,546,403 shares in the company, valued at $31,597,500.85. The disclosure for this sale can be found here. Insiders sold 311,691 shares of company stock worth $1,977,645 over the last ninety days. Corporate insiders own 54.30% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TZOO. Covestor Ltd acquired a new stake in shares of Travelzoo during the 4th quarter worth approximately $42,000. Eagle Asset Management Inc. purchased a new position in shares of Travelzoo during the 4th quarter worth approximately $102,000. Natixis purchased a new position in shares of Travelzoo during the 3rd quarter worth approximately $153,000. Raymond James & Associates boosted its position in shares of Travelzoo by 21.4% during the 4th quarter. Raymond James & Associates now owns 14,740 shares of the information services provider’s stock worth $139,000 after purchasing an additional 2,600 shares during the period. Finally, Potomac Capital Management Inc. purchased a new position in shares of Travelzoo during the 4th quarter worth approximately $177,000. Hedge funds and other institutional investors own 32.38% of the company’s stock.

About Travelzoo (Get Rating)

Travelzoo, an Internet media company, provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include Travelzoo Website; Travelzoo iPhone and Android apps; Travelzoo Top 20 email newsletter; and Newsflash email alert service.

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Earnings History and Estimates for Travelzoo (NASDAQ:TZOO)

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