A number of other research analysts have also commented on TRUP. Northland Securities reiterated a “buy” rating and issued a $40.00 price objective on shares of Trupanion in a research report on Wednesday, July 31st. TheStreet lowered Trupanion from a “c” rating to a “d+” rating in a research report on Tuesday, July 30th. Craig Hallum downgraded Trupanion from a “buy” rating to a “hold” rating and set a $29.00 price target on the stock. in a research note on Friday. Guggenheim assumed coverage on Trupanion in a research note on Thursday, May 23rd. They issued a “buy” rating and a $35.00 price target on the stock. Finally, Zacks Investment Research downgraded Trupanion from a “hold” rating to a “sell” rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $38.71.
TRUP traded down $2.86 during mid-day trading on Friday, reaching $26.33. The stock had a trading volume of 949,829 shares, compared to its average volume of 255,186. The stock has a market capitalization of $1.09 billion, a P/E ratio of -877.67 and a beta of 1.31. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.80 and a current ratio of 1.80. The firm’s fifty day simple moving average is $33.08 and its two-hundred day simple moving average is $31.85. Trupanion has a 52 week low of $22.38 and a 52 week high of $40.26.
Trupanion (NASDAQ:TRUP) last announced its quarterly earnings data on Tuesday, July 30th. The financial services provider reported ($0.06) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.03). The firm had revenue of $92.20 million during the quarter, compared to the consensus estimate of $91.17 million. Trupanion had a negative net margin of 0.68% and a negative return on equity of 1.77%. The firm’s quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.01) earnings per share. As a group, analysts expect that Trupanion will post -0.12 EPS for the current fiscal year.
In related news, Director Dan Levitan sold 15,000 shares of the firm’s stock in a transaction on Friday, May 31st. The stock was sold at an average price of $29.56, for a total transaction of $443,400.00. Following the sale, the director now owns 73,487 shares of the company’s stock, valued at approximately $2,172,275.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Darryl Rawlings sold 4,000 shares of the firm’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $30.18, for a total value of $120,720.00. Following the sale, the insider now directly owns 1,473,759 shares in the company, valued at approximately $44,478,046.62. The disclosure for this sale can be found here. In the last three months, insiders sold 47,850 shares of company stock worth $1,510,083. 13.61% of the stock is currently owned by company insiders.
A number of institutional investors have recently modified their holdings of the stock. BlackRock Inc. raised its stake in Trupanion by 5.6% during the 2nd quarter. BlackRock Inc. now owns 1,898,456 shares of the financial services provider’s stock worth $68,592,000 after buying an additional 100,432 shares during the period. Vanguard Group Inc. raised its stake in Trupanion by 3.3% during the 2nd quarter. Vanguard Group Inc. now owns 1,400,569 shares of the financial services provider’s stock worth $50,603,000 after buying an additional 44,716 shares during the period. Baillie Gifford & Co. raised its stake in Trupanion by 3.0% during the 1st quarter. Baillie Gifford & Co. now owns 1,332,260 shares of the financial services provider’s stock worth $43,618,000 after buying an additional 39,219 shares during the period. Clearbridge Investments LLC raised its stake in Trupanion by 38.6% during the 1st quarter. Clearbridge Investments LLC now owns 1,220,505 shares of the financial services provider’s stock worth $39,959,000 after buying an additional 339,812 shares during the period. Finally, RV Capital GmbH raised its stake in Trupanion by 3.0% during the 1st quarter. RV Capital GmbH now owns 608,400 shares of the financial services provider’s stock worth $19,919,000 after buying an additional 17,700 shares during the period. 96.88% of the stock is currently owned by institutional investors and hedge funds.
Trupanion Company Profile
Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.
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