Trupanion, Inc. (TRUP) Given Consensus Rating of “Buy” by Brokerages
Trupanion, Inc. (NASDAQ:TRUP) has earned a consensus rating of “Buy” from the ten research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $28.83.
Several brokerages have commented on TRUP. CL King began coverage on Trupanion in a report on Tuesday, November 21st. They set a “neutral” rating on the stock. BidaskClub downgraded Trupanion from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. Zacks Investment Research raised Trupanion from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Wednesday, November 8th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $35.00 target price (up from $29.00) on shares of Trupanion in a report on Tuesday, October 31st.
In related news, Director Murray B. Low sold 3,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $31.14, for a total value of $93,420.00. Following the completion of the sale, the director now directly owns 197,281 shares of the company’s stock, valued at approximately $6,143,330.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Tricia Plouf sold 1,000 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $32.11, for a total value of $32,110.00. Following the completion of the sale, the chief financial officer now directly owns 14,000 shares of the company’s stock, valued at $449,540. The disclosure for this sale can be found here. Insiders sold a total of 22,039 shares of company stock worth $661,393 over the last three months. 31.24% of the stock is owned by company insiders.
Shares of Trupanion (TRUP) opened at $32.14 on Monday. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.15. Trupanion has a twelve month low of $13.71 and a twelve month high of $33.00. The firm has a market capitalization of $965.48, a price-to-earnings ratio of -357.11 and a beta of 0.14.
Trupanion (NASDAQ:TRUP) last announced its earnings results on Thursday, November 2nd. The financial services provider reported $0.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.04. The firm had revenue of $63.12 million for the quarter, compared to the consensus estimate of $61.44 million. Trupanion had a negative return on equity of 7.41% and a negative net margin of 1.05%. The business’s quarterly revenue was up 30.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.06) EPS. research analysts forecast that Trupanion will post -0.04 earnings per share for the current year.
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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