Shares of Trupanion, Inc. (NASDAQ:TRUP – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $36.17.
TRUP has been the subject of several research analyst reports. William Blair initiated coverage on shares of Trupanion in a research note on Friday, July 19th. They set an “outperform” rating for the company. Evercore ISI raised shares of Trupanion to a “strong-buy” rating in a research note on Friday, August 9th. Stifel Nicolaus reaffirmed a “hold” rating and set a $30.00 target price (up previously from $22.00) on shares of Trupanion in a research note on Friday, August 9th. Canaccord Genuity Group lowered their target price on shares of Trupanion from $40.00 to $34.00 and set a “buy” rating for the company in a research note on Friday, May 3rd. Finally, Bank of America raised shares of Trupanion from a “neutral” rating to a “buy” rating and increased their price target for the stock from $35.00 to $49.00 in a research report on Thursday, May 16th.
Read Our Latest Stock Analysis on TRUP
Insider Transactions at Trupanion
Institutional Trading of Trupanion
Large investors have recently bought and sold shares of the business. ProShare Advisors LLC lifted its holdings in shares of Trupanion by 33.8% during the first quarter. ProShare Advisors LLC now owns 121,417 shares of the financial services provider’s stock worth $3,352,000 after purchasing an additional 30,645 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in Trupanion in the first quarter valued at $473,000. 8 Knots Management LLC purchased a new position in shares of Trupanion in the 4th quarter valued at about $21,165,000. Seven Eight Capital LP acquired a new stake in shares of Trupanion in the fourth quarter valued at about $1,399,000. Finally, Quest Partners LLC purchased a new stake in Trupanion during the fourth quarter worth about $67,000.
Trupanion Trading Up 5.5 %
Shares of TRUP opened at $43.29 on Friday. The company has a current ratio of 1.63, a quick ratio of 1.62 and a debt-to-equity ratio of 0.42. Trupanion has a 12-month low of $19.14 and a 12-month high of $44.06. The firm has a 50-day moving average price of $31.93 and a 200 day moving average price of $28.58. The firm has a market capitalization of $1.82 billion, a P/E ratio of -67.64 and a beta of 1.77.
Trupanion (NASDAQ:TRUP – Get Free Report) last announced its earnings results on Thursday, August 8th. The financial services provider reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.04. The company had revenue of $314.80 million during the quarter, compared to analyst estimates of $309.33 million. Trupanion had a negative net margin of 1.57% and a negative return on equity of 6.29%. Trupanion’s revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.33) earnings per share. Sell-side analysts forecast that Trupanion will post -0.4 EPS for the current year.
About Trupanion
Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.
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