Travelzoo (NASDAQ:TZOO) Announces Quarterly Earnings Results, Misses Estimates By $0.11 EPS

Travelzoo (NASDAQ:TZOO) released its quarterly earnings data on Tuesday. The information services provider reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.11), RTT News reports. Travelzoo had a negative return on equity of 9.35% and a net margin of 0.51%. During the same quarter last year, the business posted $0.01 earnings per share.

Travelzoo Price Performance

TZOO stock opened at $5.23 on Tuesday. The business has a fifty day moving average price of $5.80 and a 200 day moving average price of $7.45. Travelzoo has a fifty-two week low of $4.72 and a fifty-two week high of $12.39. The stock has a market capitalization of $53.35 million, a price-to-earnings ratio of 173.73 and a beta of 1.36.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on TZOO shares. UBS Group set a $9.50 price target on Travelzoo in a research report on Wednesday, July 29th. Zacks Research upgraded shares of Travelzoo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 20th. Ascendiant Capital Markets decreased their price target on shares of Travelzoo from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday, August 20th. Wall Street Zen downgraded shares of Travelzoo from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. Finally, Weiss Ratings cut Travelzoo from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, September 29th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Travelzoo presently has an average rating of “Hold” and a consensus target price of $13.83.

About Travelzoo

Travelzoo (NASDAQ: TZOO) is an internet media company that publishes travel and entertainment offers for consumers. Its platform features deals on hotels, vacations, cruises, flights, restaurants, spas, events and other leisure activities, connecting participating businesses with an audience of members and website visitors.

The company’s products and services include its travel and local-deals publications, destination and deal guides, and online tools that help users discover and compare travel opportunities.