Trupanion Inc (TRUP) Set to Announce Earnings on Monday
Trupanion Inc (NYSE:TRUP) is scheduled to post its quarterly earnings results after the market closes on Monday, October 30th. Analysts expect Trupanion to post earnings of ($0.03) per share for the quarter.
Trupanion (NYSE:TRUP) last announced its earnings results on Tuesday, August 1st. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. The firm had revenue of $58.30 million for the quarter, compared to analysts’ expectations of $57.58 million. Trupanion had a net margin of 0.71% and a return on equity of 3.57%. The business’s revenue was up 27.3% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.03) EPS. On average, analysts expect Trupanion to post $-0.09 EPS for the current fiscal year and $0.03 EPS for the next fiscal year.
Shares of Trupanion Inc (NYSE:TRUP) opened at 28.50 on Monday. The stock’s market capitalization is $854.86 million. The stock’s 50 day moving average is $25.23 and its 200 day moving average is $21.32. Trupanion Inc has a 12 month low of $13.71 and a 12 month high of $28.96.
In other Trupanion news, insider Darryl Rawlings sold 3,500 shares of Trupanion stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $21.13, for a total transaction of $73,955.00. Following the transaction, the insider now directly owns 1,449,505 shares of the company’s stock, valued at $30,628,040.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Howard E. Rubin sold 100,000 shares of Trupanion stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $25.90, for a total transaction of $2,590,000.00. The disclosure for this sale can be found here. Insiders have sold 147,052 shares of company stock worth $3,662,969 over the last ninety days.
Several research firms have recently weighed in on TRUP. Zacks Investment Research downgraded shares of Trupanion from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. BidaskClub raised shares of Trupanion from a “hold” rating to a “buy” rating in a research note on Friday, October 13th. Canaccord Genuity raised their price target on shares of Trupanion from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Cowen and Company reissued an “outperform” rating and issued a $28.00 price target (up from $19.00) on shares of Trupanion in a research note on Wednesday, August 2nd. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $24.00 price target (up from $18.00) on shares of Trupanion in a research note on Wednesday, August 2nd. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Trupanion has a consensus rating of “Buy” and a consensus price target of $26.50.
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Trupanion, Inc provides medical insurance plans for cats and dogs throughout the United States, Canada and Puerto Rico. The Company operates in two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions for its medical plan, which are marketed to consumers.
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