Brokerages expect Trupanion Inc (NASDAQ:TRUP) to report $69.05 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Trupanion’s earnings. The highest sales estimate is $69.40 million and the lowest is $68.70 million. Trupanion reported sales of $54.73 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 26.2%. The company is expected to issue its next earnings results on Tuesday, May 1st.
On average, analysts expect that Trupanion will report full year sales of $69.05 million for the current year, with estimates ranging from $294.30 million to $298.50 million. For the next fiscal year, analysts expect that the firm will post sales of $351.60 million per share, with estimates ranging from $343.00 million to $360.20 million. Zacks’ sales averages are a mean average based on a survey of research analysts that cover Trupanion.
Trupanion (NASDAQ:TRUP) last released its quarterly earnings data on Tuesday, February 13th. The financial services provider reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). The company 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 0.62% and a negative return on equity of 6.66%.
In other Trupanion news, Director Murray B. Low sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $28.42, for a total value of $85,260.00. Following the sale, the director now owns 194,281 shares in the company, valued at $5,521,466.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Darryl Rawlings sold 3,500 shares of the company’s stock in a transaction that occurred on Wednesday, December 27th. The shares were sold at an average price of $30.11, for a total value of $105,385.00. Following the completion of the sale, the insider now owns 1,389,976 shares in the company, valued at approximately $41,852,177.36. The disclosure for this sale can be found here. Insiders have sold 20,500 shares of company stock valued at $641,410 over the last three months. Insiders own 31.24% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the business. Millennium Management LLC bought a new position in shares of Trupanion during the fourth quarter worth approximately $6,851,000. BlackRock Inc. increased its stake in Trupanion by 15.2% during the 4th quarter. BlackRock Inc. now owns 1,310,881 shares of the financial services provider’s stock worth $38,370,000 after acquiring an additional 172,785 shares during the period. DAVENPORT & Co LLC increased its stake in Trupanion by 199.3% during the 4th quarter. DAVENPORT & Co LLC now owns 188,770 shares of the financial services provider’s stock worth $5,525,000 after acquiring an additional 125,707 shares during the period. State Street Corp increased its stake in Trupanion by 54.4% during the 2nd quarter. State Street Corp now owns 346,367 shares of the financial services provider’s stock worth $7,752,000 after acquiring an additional 121,990 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in Trupanion by 647.6% during the 4th quarter. The Manufacturers Life Insurance Company now owns 134,997 shares of the financial services provider’s stock worth $3,951,000 after acquiring an additional 116,940 shares during the period. Hedge funds and other institutional investors own 74.75% of the company’s stock.
Shares of Trupanion (NASDAQ:TRUP) traded down $0.06 during trading on Wednesday, hitting $35.03. The company’s stock had a trading volume of 19,830 shares, compared to its average volume of 342,807. Trupanion has a 12 month low of $13.88 and a 12 month high of $37.13. The company has a market capitalization of $1,100.89, a P/E ratio of -584.74 and a beta of 0.57. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.19.
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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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