Trupanion, Inc. (NASDAQ:TRUP) Receives Average Rating of “Moderate Buy” from Analysts

Trupanion, Inc. (NASDAQ:TRUP) has been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $46.60.

A number of research analysts have recently weighed in on the company. Stifel Nicolaus cut their price target on Trupanion from $44.00 to $41.00 and set a “hold” rating on the stock in a research note on Thursday, February 20th. Piper Sandler cut their price target on Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a research note on Thursday, February 20th.

Trupanion Stock Up 2.4 %

NASDAQ:TRUP opened at $33.88 on Thursday. The stock’s fifty day moving average price is $44.82 and its two-hundred day moving average price is $47.65. Trupanion has a 52-week low of $19.69 and a 52-week high of $57.90. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. The company has a market cap of $1.43 billion, a price-to-earnings ratio of -147.30, a P/E/G ratio of 6.02 and a beta of 1.60.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The company had revenue of $337.31 million during the quarter, compared to analyst estimates of $335.41 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. On average, analysts anticipate that Trupanion will post 0.13 EPS for the current year.

Insider Buying and Selling

In related news, CEO Margaret Tooth sold 2,294 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $31.39, for a total transaction of $72,008.66. Following the sale, the chief executive officer now owns 118,784 shares of the company’s stock, valued at approximately $3,728,629.76. This trade represents a 1.89 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Fawwad Qureshi sold 1,373 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $34.22, for a total value of $46,984.06. Following the sale, the chief financial officer now directly owns 2,416 shares in the company, valued at $82,675.52. The trade was a 36.24 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,859 shares of company stock valued at $128,593. 5.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Trupanion

A number of large investors have recently added to or reduced their stakes in TRUP. SBI Securities Co. Ltd. bought a new position in Trupanion during the 4th quarter worth about $25,000. Jones Financial Companies Lllp increased its holdings in Trupanion by 71.7% during the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 238 shares in the last quarter. Quest Partners LLC bought a new position in Trupanion during the 3rd quarter worth about $37,000. Quarry LP bought a new position in Trupanion during the 4th quarter worth about $39,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Trupanion during the 3rd quarter worth about $54,000.

Trupanion Company Profile

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.