TravelzooNASDAQ: TZOO

Investors need to pay close attention to Travelzoo (TZOO) stock based on the movements in the options market lately.

NEW YORK , May 24, 2024 /PRNewswire/ -- Travelzoo (NASDAQ: TZOO), the club for travel enthusiasts, has hired Matt Epstein as Chief Transformation Officer. As a member of the global executive team, based in New York City, his responsibility will be to accelerate new developments of the Travelzoo® membership.

Travelzoo will hold a conference call to discuss its financial results for the first quarter of 2024 on April 24, 2024, following the release of a press release announcing the results.

Travelzoo (TZOO) Q4 2023 Earnings Call Transcript

Travelzoo (TZOO) could produce exceptional returns because of its solid growth attributes.

Travelzoo is an internet media company that generates revenue through travel advertising and exclusive deals curated by global experts. The introduction of Travelzoo META allows the company to cater to the demand for immersive travel experiences in the Metaverse. The share repurchase program reflects management's positive outlook and business confidence.

Travelzoo (TZOO) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.06 per share a year ago.

Travelzoo (NASDAQ:TZOO) shares added nearly 30% Tuesday after the company reported a year-over-year jump in sales and earnings as travellers flocked to the media commerce company that publishes travel and entertainment offers in search of vacation deals. The company earns revenue from advertising and commissions in connection with Travelzoo (NASDAQ:TZOO) members' purchases.

Travelzoo is having a strong year with solid growth and climbing profitability. The company is benefiting from momentum in its European segment and the "Jack's Flight Club" business. We are bullish on TZOO stock which appears undervalued with the current price level representing a compelling buying opportunity.