Trupanion Inc (TRUP) Expected to Announce Earnings of -$0.03 Per Share

Analysts expect that Trupanion Inc (NASDAQ:TRUP) will announce earnings of ($0.03) per share for the current quarter, according to Zacks. Two analysts have provided estimates for Trupanion’s earnings. The highest EPS estimate is $0.00 and the lowest is ($0.06). Trupanion posted earnings per share of ($0.06) during the same quarter last year, which would indicate a positive year over year growth rate of 50%. The firm is scheduled to report its next earnings results after the market closes on Tuesday, February 13th.

According to Zacks, analysts expect that Trupanion will report full-year earnings of ($0.04) per share for the current financial year, with EPS estimates ranging from ($0.06) to ($0.02). For the next fiscal year, analysts expect that the business will post earnings of $0.03 per share, with EPS estimates ranging from ($0.01) to $0.10. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Trupanion.

A number of equities analysts recently commented on TRUP shares. CL King started coverage on shares of Trupanion in a research report on Tuesday, November 21st. They set a “neutral” rating on the stock. BidaskClub upgraded shares of Trupanion from a “hold” rating to a “buy” rating in a research note on Monday, December 18th. Zacks Investment Research downgraded shares of Trupanion from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $35.00 price target (up previously from $29.00) on shares of Trupanion in a research report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $28.83.

In other 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 transaction of $93,420.00. Following the completion of the transaction, the director now owns 197,281 shares of the company’s stock, valued at $6,143,330.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Darryl Rawlings sold 3,500 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $34.36, for a total value of $120,260.00. Following the transaction, the insider now directly owns 1,382,976 shares of the company’s stock, valued at approximately $47,519,055.36. The disclosure for this sale can be found here. Insiders sold a total of 28,039 shares of company stock worth $868,823 over the last 90 days. 31.24% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN boosted its position in Trupanion by 13.5% in 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 last quarter. California Public Employees Retirement System raised its stake in Trupanion by 3.7% during the 2nd quarter. California Public Employees Retirement System now owns 42,200 shares of the financial services provider’s stock valued at $944,000 after purchasing an additional 1,500 shares during the period. Alliancebernstein L.P. raised its stake in Trupanion by 11.4% during the 2nd quarter. Alliancebernstein L.P. now owns 18,600 shares of the financial services provider’s stock valued at $416,000 after purchasing an additional 1,900 shares during the period. Bank of New York Mellon Corp raised its stake in Trupanion by 3.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 77,182 shares of the financial services provider’s stock valued at $2,038,000 after purchasing an additional 2,382 shares during the period. Finally, Nationwide Fund Advisors raised its stake in Trupanion by 52.7% during the 2nd quarter. Nationwide Fund Advisors now owns 12,694 shares of the financial services provider’s stock valued at $284,000 after purchasing an additional 4,380 shares during the period. 63.76% of the stock is owned by institutional investors and hedge funds.

Trupanion (NASDAQ TRUP) traded down $0.53 during trading hours on Tuesday, reaching $32.28. 254,497 shares of the company were exchanged, compared to its average volume of 242,061. Trupanion has a 1-year low of $13.88 and a 1-year high of $36.88. The company has a market capitalization of $1,015.65, a price-to-earnings ratio of -359.74 and a beta of 0.34. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.15.

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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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