Shares of Trupanion Inc (NASDAQ:TRUP) have been assigned an average rating of “Buy” from the eleven research firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $36.17.
Several research analysts have recently issued reports on TRUP shares. ValuEngine lowered shares of Trupanion from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Zacks Investment Research raised shares of Trupanion from a “sell” rating to a “hold” rating in a research note on Wednesday, March 14th. BidaskClub downgraded shares of Trupanion from a “hold” rating to a “sell” rating in a research report on Tuesday, March 27th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $40.00 price target on shares of Trupanion in a research report on Wednesday, May 2nd.
Shares of NASDAQ TRUP traded down $0.34 during mid-day trading on Monday, hitting $38.26. The company’s stock had a trading volume of 1,428 shares, compared to its average volume of 383,721. The firm has a market capitalization of $1.18 billion, a PE ratio of -548.71 and a beta of 0.64. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.31. Trupanion has a one year low of $20.52 and a one year high of $42.39.
Trupanion (NASDAQ:TRUP) last issued its earnings results on Tuesday, May 1st. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.01). The business had revenue of $69.76 million during the quarter, compared to the consensus estimate of $69.12 million. Trupanion had a negative net margin of 0.58% and a negative return on equity of 6.54%. The firm’s revenue for the quarter was up 27.5% compared to the same quarter last year. During the same period last year, the business posted ($0.05) EPS. equities research analysts anticipate that Trupanion will post -0.12 earnings per share for the current fiscal year.
In other Trupanion news, Director Murray B. Low sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 11th. The shares were sold at an average price of $27.97, for a total transaction of $83,910.00. Following the sale, the director now directly owns 192,031 shares in the company, valued at approximately $5,371,107.07. The sale was disclosed in a filing 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 that occurred on Friday, April 27th. The stock was sold at an average price of $26.05, for a total transaction of $104,200.00. Following the sale, the insider now owns 1,363,976 shares in the company, valued at $35,531,574.80. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock worth $747,490 over the last quarter. 20.70% of the stock is currently owned by corporate insiders.
A number of hedge funds have recently made changes to their positions in the business. Avalon Advisors LLC raised its holdings in Trupanion by 10.5% during the 1st quarter. Avalon Advisors LLC now owns 49,415 shares of the financial services provider’s stock worth $1,477,000 after buying an additional 4,685 shares during the period. Summit Trail Advisors LLC raised its holdings in Trupanion by 2,638.0% during the 1st quarter. Summit Trail Advisors LLC now owns 109,876 shares of the financial services provider’s stock worth $110,000 after buying an additional 105,863 shares during the period. Handelsbanken Fonder AB raised its holdings in Trupanion by 21.4% during the 1st quarter. Handelsbanken Fonder AB now owns 425,000 shares of the financial services provider’s stock worth $12,703,000 after buying an additional 75,000 shares during the period. Wesbanco Bank Inc. acquired a new stake in Trupanion during the 1st quarter worth approximately $1,031,000. Finally, Royal Bank of Canada raised its holdings in Trupanion by 3.9% during the 1st quarter. Royal Bank of Canada now owns 105,698 shares of the financial services provider’s stock worth $3,159,000 after buying an additional 3,927 shares during the period. Hedge funds and other institutional investors own 85.34% of the company’s stock.
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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