Trupanion (TRUP) Issues Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Trupanion (NASDAQ:TRUP) posted its quarterly earnings results on Tuesday. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.03), Yahoo Finance reports. The firm had revenue of $66.55 million during the quarter, compared to the consensus estimate of $65.60 million. Trupanion had a negative net margin of 1.05% and a negative return on equity of 7.41%.

Shares of Trupanion (NASDAQ:TRUP) traded up $0.12 on Wednesday, reaching $31.27. The company’s stock had a trading volume of 413,900 shares, compared to its average volume of 307,651. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.87 and a current ratio of 1.87. Trupanion has a 12-month low of $13.88 and a 12-month high of $36.88. The company has a market capitalization of $935.74, a PE ratio of -347.41 and a beta of 0.34.

TRUP has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded 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. Canaccord Genuity restated a “buy” rating and set a $35.00 target price (up previously from $29.00) on shares of Trupanion in a report on Tuesday, October 31st. BidaskClub upgraded Trupanion from a “sell” rating to a “hold” rating in a report on Tuesday, December 12th. Northland Securities restated a “buy” rating and set a $38.00 target price on shares of Trupanion in a report on Thursday, February 8th. Finally, CL King initiated coverage on Trupanion in a report on Tuesday, November 21st. They set a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. Trupanion currently has an average rating of “Buy” and a consensus price target of $35.57.

In other news, insider Asher Bearman sold 4,039 shares of Trupanion stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $28.40, for a total transaction of $114,707.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Darryl Rawlings sold 3,500 shares of Trupanion stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $34.36, for a total value of $120,260.00. Following the transaction, the insider now owns 1,382,976 shares in the company, valued at approximately $47,519,055.36. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,039 shares of company stock worth $775,403. Company insiders own 31.24% of the company’s stock.

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About Trupanion

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.

Earnings History for Trupanion (NASDAQ:TRUP)

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