Trupanion, Inc. (NASDAQ:TRUP) Given Average Rating of “Moderate Buy” by Analysts

Trupanion, Inc. (NASDAQ:TRUP) has been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Three investment 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 12-month price target among brokers that have issued a report on the stock in the last year is $41.83.

Several equities analysts have recently issued reports on the stock. Bank of America raised their price target on shares of Trupanion from $47.00 to $56.00 and gave the company a “buy” rating in a research note on Friday, September 20th. William Blair assumed 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 raised their price target on shares of Trupanion from $30.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, September 23rd. Finally, Northland Securities raised their price target on shares of Trupanion from $35.00 to $45.00 and gave the company a “market perform” rating in a research note on Thursday, September 19th.

Trupanion Price Performance

Shares of NASDAQ:TRUP opened at $42.84 on Monday. The company has a market cap of $1.80 billion, a price-to-earnings ratio of -66.94 and a beta of 1.73. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.63 and a quick ratio of 1.63. The firm has a 50 day simple moving average of $42.18 and a 200 day simple moving average of $32.65. Trupanion has a one year low of $19.14 and a one year high of $49.14.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings results on Thursday, August 8th. The financial services provider reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.04. The firm had revenue of $314.80 million during the quarter, compared to the consensus estimate of $309.33 million. Trupanion had a negative net margin of 1.57% and a negative return on equity of 6.29%. The company’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same quarter last year, the firm earned ($0.33) earnings per share. Research analysts predict that Trupanion will post -0.34 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Fawwad Qureshi sold 640 shares of Trupanion stock in a transaction on Friday, August 16th. The shares were sold at an average price of $43.12, for a total transaction of $27,596.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Trupanion news, CFO Fawwad Qureshi sold 640 shares of the firm’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $43.12, for a total value of $27,596.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Margaret Tooth sold 7,500 shares of the firm’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $46.48, for a total transaction of $348,600.00. Following the completion of the sale, the chief executive officer now owns 99,984 shares of the company’s stock, valued at $4,647,256.32. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,764 shares of company stock valued at $405,238 over the last quarter. Insiders own 5.50% of the company’s stock.

Institutional Investors Weigh In On Trupanion

A number of large investors have recently bought and sold shares of the stock. EP Wealth Advisors LLC acquired a new stake in Trupanion in the second quarter worth $294,000. AQR Capital Management LLC grew its holdings in shares of Trupanion by 173.8% during the second quarter. AQR Capital Management LLC now owns 43,553 shares of the financial services provider’s stock valued at $1,280,000 after buying an additional 27,644 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of Trupanion by 11.9% during the second quarter. Marshall Wace LLP now owns 1,094,589 shares of the financial services provider’s stock valued at $32,181,000 after buying an additional 116,496 shares during the last quarter. Public Sector Pension Investment Board grew its holdings in shares of Trupanion by 7.3% during the second quarter. Public Sector Pension Investment Board now owns 79,555 shares of the financial services provider’s stock valued at $2,339,000 after buying an additional 5,405 shares during the last quarter. Finally, Dalton Investments Inc. acquired a new position in shares of Trupanion during the second quarter valued at about $1,029,000.

Trupanion Company Profile

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.