Trupanion (NASDAQ:TRUP) is scheduled to issue its quarterly earnings data after the market closes on Thursday, November 8th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter.
Trupanion (NASDAQ:TRUP) last announced its quarterly earnings results on Thursday, August 2nd. The financial services provider reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.04. Trupanion had a negative return on equity of 4.43% and a negative net margin of 0.84%. The company had revenue of $73.39 million for the quarter, compared to the consensus estimate of $72.70 million. During the same period last year, the firm earned ($0.02) EPS. The firm’s revenue for the quarter was up 25.9% compared to the same quarter last year. On average, analysts expect Trupanion to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
NASDAQ:TRUP opened at $25.26 on Thursday. Trupanion has a 52 week low of $24.37 and a 52 week high of $46.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.04 and a current ratio of 3.04. The stock has a market cap of $847.74 million, a PE ratio of -360.86 and a beta of 0.60.
In related news, CEO Darryl Rawlings sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, August 8th. The shares were sold at an average price of $38.18, for a total value of $152,720.00. Following the transaction, the chief executive officer now directly owns 1,293,989 shares of the company’s stock, valued at approximately $49,404,500.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Murray B. Low sold 3,000 shares of the firm’s stock in a transaction dated Friday, August 10th. The shares were sold at an average price of $38.12, for a total transaction of $114,360.00. Following the completion of the transaction, the director now directly owns 189,782 shares in the company, valued at $7,234,489.84. The disclosure for this sale can be found here. Insiders sold a total of 23,300 shares of company stock worth $829,046 over the last ninety days. 20.70% of the stock is currently owned by corporate insiders.
A hedge fund recently raised its stake in Trupanion stock. Bank of New York Mellon Corp grew its holdings in Trupanion Inc (NASDAQ:TRUP) by 3.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,145 shares of the financial services provider’s stock after purchasing an additional 2,967 shares during the quarter. Bank of New York Mellon Corp owned about 0.26% of Trupanion worth $3,248,000 as of its most recent SEC filing. 93.37% of the stock is owned by institutional investors.
A number of equities research analysts have recently commented on TRUP shares. Raymond James started coverage on Trupanion in a research report on Thursday, September 6th. They set an “outperform” rating and a $46.00 target price on the stock. Craig Hallum started coverage on Trupanion in a research report on Thursday, July 19th. They set a “buy” rating and a $55.00 target price on the stock. CL King upgraded Trupanion from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 2nd. BidaskClub cut Trupanion from a “buy” rating to a “hold” rating in a research report on Tuesday, August 14th. Finally, Stifel Nicolaus raised their target price on Trupanion from $40.00 to $43.00 and gave the company a “buy” rating in a research report on Friday, August 3rd. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Trupanion currently has an average rating of “Buy” and an average target price of $45.22.
Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.
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