Travelzoo (TZOO) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.14 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $0.09. The company posted revenue of $34.80 million in the period, compared to analysts expectations of $37.58 million. The company’s revenue was down -11.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.05 EPS.
Many Wall Street Analysts have commented on Travelzoo. WBB Securities Initiated Travelzoo on Feb 17, 2016 to “Speculative Buy”, Price Target of the shares are set at $11.Shares were Reiterated by The Benchmark Company on Feb 12, 2016 to “Hold” and Lowered the Price Target to $ 8 from a previous price target of $11 .
Travelzoo opened for trading at $7.97 and hit $8.25 on the upside on Wednesday, eventually ending the session at $8.2, with a gain of 2.63% or 0.21 points. The heightened volatility saw the trading volume jump to 49,850 shares. Company has a market cap of $119 M.
In a different news, on Jul 7, 2015, Holger Bartel (Chairman of the Board) sold 200,000 shares at $10.89 per share price. According to the SEC, on Mar 12, 2015, Simon Talling-smith (President, Products&Emerg.Biz.) purchased 4,000 shares at $9.50 per share price.
Travelzoo Inc. (Travelzoo) is a global Internet media company. The Company informs its audience about travel entertainment and local deals available at over 2000 companies. The Company has two operating segments based on geographic regions: North America and Europe. North America consists of the Company’s operations in Canada and the United States. Europe consists of its operations in France Germany Spain and the United Kingdom. The Company’s publications and products include the Travelzoo Websites such as www.travelzoo.com www.travelzoo.ca www.travelzoo.co.uk www.travelzoo.de www.travelzoo.es and www.travelzoo.fr among others; the Travelzoo iPhone and Android applications; the Travelzoo Top 20 e-mail newsletter and the Newsflash e-mail alert service. It operates SuperSearch which is a pay-per-click travel search tool and the Travelzoo Network which is a network of third-party Websites that list deals published by Travelzoo.