Wall Street brokerages expect Trupanion Inc (NASDAQ:TRUP) to report earnings per share of $0.01 for the current quarter, according to Zacks. Three analysts have made estimates for Trupanion’s earnings. The highest EPS estimate is $0.03 and the lowest is ($0.01). Trupanion posted earnings of ($0.05) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 120%. The business is expected to announce its next earnings report on Tuesday, February 12th.
On average, analysts expect that Trupanion will report full year earnings of ($0.01) per share for the current fiscal year, with EPS estimates ranging from ($0.03) to $0.01. For the next year, analysts expect that the firm will report earnings of $0.09 per share, with EPS estimates ranging from ($0.03) to $0.18. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Trupanion.
Trupanion (NASDAQ:TRUP) last announced its quarterly earnings data on Thursday, November 8th. The financial services provider reported $0.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.04. The company had revenue of $78.16 million for the quarter, compared to the consensus estimate of $77.70 million. Trupanion had a negative return on equity of 2.45% and a negative net margin of 0.52%. Trupanion’s quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.01 EPS.
TRUP has been the topic of several research analyst reports. Raymond James initiated coverage on Trupanion in a research report on Thursday, September 6th. They issued an “outperform” rating and a $46.00 price objective on the stock. ValuEngine upgraded Trupanion from a “hold” rating to a “buy” rating in a report on Saturday, November 10th. BidaskClub upgraded Trupanion from a “sell” rating to a “hold” rating in a report on Wednesday, November 7th. Canaccord Genuity reiterated a “buy” rating and issued a $43.00 target price on shares of Trupanion in a report on Tuesday, November 13th. Finally, CL King upgraded Trupanion from a “neutral” rating to a “buy” rating in a report on Tuesday, October 2nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $44.89.
Trupanion stock traded down $0.85 during mid-day trading on Friday, hitting $25.10. The company’s stock had a trading volume of 13,017 shares, compared to its average volume of 652,034. The company has a market capitalization of $867.25 million, a PE ratio of -357.29 and a beta of 1.08. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.07. Trupanion has a one year low of $22.55 and a one year high of $46.70.
In related news, insider Darryl Rawlings sold 4,000 shares of the company’s stock in a transaction on Friday, August 24th. The stock was sold at an average price of $37.21, for a total transaction of $148,840.00. Following the completion of the sale, the insider now directly owns 1,289,989 shares in the company, valued at approximately $48,000,490.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robin A. Ferracone acquired 19,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 13th. The shares were bought at an average price of $25.60 per share, with a total value of $486,400.00. Following the completion of the purchase, the director now directly owns 1,502 shares in the company, valued at $38,451.20. The disclosure for this purchase can be found here. Insiders sold a total of 101,504 shares of company stock valued at $2,733,251 over the last quarter. Company insiders own 20.70% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of TRUP. SG Americas Securities LLC purchased a new stake in shares of Trupanion during the 2nd quarter worth $100,000. Tower Research Capital LLC TRC purchased a new stake in shares of Trupanion during the 3rd quarter worth $118,000. First Mercantile Trust Co. purchased a new stake in shares of Trupanion during the 2nd quarter worth $142,000. US Bancorp DE lifted its stake in shares of Trupanion by 111.8% during the 2nd quarter. US Bancorp DE now owns 4,512 shares of the financial services provider’s stock worth $175,000 after purchasing an additional 2,382 shares during the last quarter. Finally, Xact Kapitalforvaltning AB purchased a new stake in shares of Trupanion during the 2nd quarter worth $224,000. Hedge funds and other institutional investors own 96.18% of the company’s stock.
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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