Travelzoo (TZOO) Releases Quarterly Earnings Results
Travelzoo (NASDAQ:TZOO) announced its earnings results on Thursday. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.17 by $0.02, Analyst Ratings Net reports. The company had revenue of $37.30 million for the quarter, compared to the consensus estimate of $38.23 million.
A number of research firms have recently commented on TZOO. Analysts at TheStreet downgraded shares of Travelzoo from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, September 25th. On the ratings front, analysts at Benchmark Co. raised their price target on shares of Travelzoo from $24.00 to $30.00 in a research note to investors on Friday, July 19th. They now have a “hold” rating on the stock. Finally, analysts at Ascendiant Capital Markets raised their price target on shares of Travelzoo from $32.00 to $35.00 in a research note to investors on Friday, July 19th. They now have a “neutral” rating on the stock.
Shares of Travelzoo (NASDAQ:TZOO) opened at 25.81 on Thursday. Travelzoo has a 1-year low of $16.56 and a 1-year high of $33.95. The stock’s 50-day moving average is $26.93 and its 200-day moving average is $27.29. The company has a market cap of $396.5 million and a P/E ratio of 22.54.
Travelzoo Inc (NASDAQ:TZOO) is a global Internet media company.
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