Brokers Set Expectations for Travelzoo Q4 Earnings

Travelzoo (NASDAQ:TZOO) – Analysts at Litchfield Hills Research reduced their Q4 2027 earnings estimates for shares of Travelzoo in a research note issued to investors on Wednesday, July 29th. Litchfield Hills Research analyst T. O’neill now forecasts that the information services provider will earn $0.05 per share for the quarter, down from their prior estimate of $0.11. The consensus estimate for Travelzoo’s current full-year earnings is $0.69 per share.

A number of other research analysts also recently issued reports on the company. Barrington Research increased their price objective on Travelzoo from $8.00 to $12.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Ascendiant Capital Markets boosted their target price on Travelzoo from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. UBS Group set a $9.50 price target on shares of Travelzoo in a research note on Wednesday. Zacks Research raised shares of Travelzoo from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 23rd. Finally, Wall Street Zen raised shares of Travelzoo from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Travelzoo currently has an average rating of “Moderate Buy” and a consensus price target of $14.83.

Travelzoo Price Performance

Shares of Travelzoo stock opened at $7.46 on Thursday. The firm has a market cap of $76.69 million, a price-to-earnings ratio of 248.67 and a beta of 1.28. The stock’s 50-day moving average is $10.56 and its 200-day moving average is $8.09. Travelzoo has a one year low of $4.72 and a one year high of $12.39.

Travelzoo (NASDAQ:TZOO) last released its earnings results on Tuesday, July 28th. The information services provider reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.35). Travelzoo had a negative return on equity of 10.40% and a net margin of 0.51%.The firm had revenue of $23.21 million for the quarter, compared to the consensus estimate of $25.00 million. During the same quarter last year, the company posted $0.12 EPS.

Institutional Investors Weigh In On Travelzoo

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Millennium Management LLC boosted its holdings in shares of Travelzoo by 299.8% in the 1st quarter. Millennium Management LLC now owns 309,097 shares of the information services provider’s stock valued at $4,213,000 after buying an additional 231,790 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Travelzoo by 170.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 145,848 shares of the information services provider’s stock worth $1,038,000 after acquiring an additional 91,932 shares in the last quarter. Geode Capital Management LLC raised its position in Travelzoo by 113.8% during the second quarter. Geode Capital Management LLC now owns 157,267 shares of the information services provider’s stock worth $2,002,000 after acquiring an additional 83,719 shares in the last quarter. Marshall Wace LLP acquired a new stake in Travelzoo in the second quarter valued at $504,000. Finally, Squarepoint Ops LLC grew its position in shares of Travelzoo by 224.5% in the 4th quarter. Squarepoint Ops LLC now owns 52,288 shares of the information services provider’s stock valued at $372,000 after acquiring an additional 36,174 shares during the period. Institutional investors own 27.39% of the company’s stock.

Travelzoo Company Profile

Travelzoo (NASDAQ: TZOO) is a global internet media company specializing in publishing curated travel, entertainment and local deals to a subscriber base of millions. Through its website, mobile applications and weekly email newsletters, Travelzoo partners with airlines, hotels, cruise lines, tour operators and local merchants to promote time-sensitive offers at discounted rates. The company generates revenue primarily from media commissions, advertising arrangements and marketing services provided to its hotel and resort partners.

Founded in 1998, Travelzoo went public on the NASDAQ in 2003 under the ticker symbol TZOO.