The mean of analysts' price targets for Travelzoo (TZOO) points to a 39.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Travelzoo's good Q2 2024 results met expectations. Flat revenues with decreasing costs led to better operating margins. Concerns about lack of seasonality, insider sales, and uncertainty regarding changes in the business model have led to a Hold rating for Travelzoo shares.
Travelzoo (NASDAQ:TZOO ) Q2 2024 Results Conference Call July 25, 2024 11:00 AM ET Company Participants Lijun Qi - Principal Accounting Officer Holger Bartel - Global Chief Executive Officer Conference Call Participants Michael Kupinski - NOBLE Capital Markets James Goss - Barrington Research Steve Silver - Argus Research Ed Woo - Ascendiant Capital Operator Hello, everyone. Welcome to the Travelzoo Second Quarter 2024 Financial Results Conference Call.
Travelzoo (TZOO) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.17 per share a year ago.
Investors need to pay close attention to Travelzoo (TZOO) stock based on the movements in the options market lately.