Travelzoo (TZOO) Stock Gaps Up to 3-month High

Shares of Travelzoo (TZOO) gapped up to a 3 month high this morning, after the company reported Q1/15 earnings of $0.13 per share on revenue of $36.5 million, beating Wall Street estimates of $0.08 per share on revenue of $34.77 million.

“In spite of the strong dollar we achieved a sequential 16% increase in revenue over the previous quarter,” said Chris Loughlin, chief executive officer, in a statement. “Travelzoo added more new members than in any other quarter over the past three years.”

The company had a total unduplicated number of members in North America and Europe of 24.5 million as of March 31, 2015, up 1% from December 31, 2014.

During today’s session, Travelzoo Inc. printed a higher than average trading volume with the issue currently trading nearly 600K shares, compared to the average volume of 123.53K. The stock began trading this morning at $11.76 to currently trade 16% higher from the prior days close of $10.28. On an intraday basis it has gotten as low as $11.60 and as high as $12.24.

Travelzoo shares are currently priced at 10.88x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 27.25x earnings multiple. The company’s current year and next year EPS growth estimates stand at (83.10%) and 120.00% compared to the industry growth rates of 29.40% and 20.20%, respectively. TZOO has a t-12 price/sales ratio of 1.07. EPS for the same period registers at 1.10.

TZOO shares have advanced 7.19% in the last 4 weeks while declining 7.39% in the past three months. Over the past 5 trading sessions the stock has gained 4.15%. Shares of the $176.31 million market cap company are down 47.50% year-over-year and 18.54% year-to-date.

The New York-based internet media company has a median Wall Street price target of $10.63 with a high target of $11.00.

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