Equities analysts expect that Trupanion, Inc. (NASDAQ:TRUP) will post sales of $65.60 million for the current quarter, according to Zacks. Two analysts have issued estimates for Trupanion’s earnings, with the highest sales estimate coming in at $65.90 million and the lowest estimate coming in at $65.30 million. Trupanion posted sales of $51.34 million in the same quarter last year, which suggests a positive year-over-year growth rate of 27.8%. The firm is scheduled to announce its next quarterly earnings report on Tuesday, February 13th.

On average, analysts expect that Trupanion will report full year sales of $65.60 million for the current year, with estimates ranging from $241.40 million to $242.00 million. For the next year, analysts anticipate that the business will post sales of $294.80 million per share, with estimates ranging from $291.10 million to $298.50 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover Trupanion.

Trupanion (NASDAQ:TRUP) last announced its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.04. Trupanion had a negative net margin of 1.05% and a negative return on equity of 7.41%. The firm had revenue of $63.12 million during the quarter, compared to analysts’ expectations of $61.44 million. During the same quarter in the prior year, the company earned ($0.06) EPS. The company’s revenue was up 30.5% compared to the same quarter last year.

A number of equities research analysts recently commented on TRUP shares. Zacks Investment Research raised shares of Trupanion from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research report on Wednesday, November 8th. Canaccord Genuity reissued a “buy” rating and set a $35.00 target price (up previously from $29.00) on shares of Trupanion in a research report on Tuesday, October 31st. BidaskClub raised shares of Trupanion from a “hold” rating to a “buy” rating in a research report on Friday, October 13th. Finally, CL King initiated coverage on shares of Trupanion in a report on Tuesday, November 21st. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $28.83.

In other news, insider Asher Bearman sold 4,039 shares of Trupanion stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $28.40, for a total value of $114,707.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Ian Moffat sold 7,000 shares of Trupanion stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $30.06, for a total transaction of $210,420.00. Following the completion of the sale, the chief operating officer now owns 7,000 shares in the company, valued at approximately $210,420. The disclosure for this sale can be found here. Insiders sold 22,039 shares of company stock worth $661,393 in the last quarter. Company insiders own 31.24% of the company’s stock.

Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in shares of Trupanion in the third quarter worth about $143,000. Oppenheimer Asset Management Inc. purchased a new position in Trupanion during the third quarter worth about $221,000. Voya Investment Management LLC purchased a new position in Trupanion during the second quarter worth about $215,000. Wells Fargo & Company MN raised its stake in Trupanion by 13.5% during the second quarter. Wells Fargo & Company MN now owns 11,261 shares of the financial services provider’s stock worth $252,000 after purchasing an additional 1,342 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. purchased a new position in Trupanion during the third quarter worth about $325,000. 63.25% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Trupanion (TRUP) opened at $31.19 on Friday. Trupanion has a 52-week low of $13.71 and a 52-week high of $33.00. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.87 and a current ratio of 1.87. The company has a market cap of $936.94, a P/E ratio of -346.56 and a beta of 0.14.

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Trupanion Company Profile

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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