Zacks: Analysts Anticipate Trupanion, Inc. (NASDAQ:TRUP) to Post -$0.20 Earnings Per Share

Equities analysts forecast that Trupanion, Inc. (NASDAQ:TRUPGet Rating) will post earnings of ($0.20) per share for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Trupanion’s earnings. The highest EPS estimate is ($0.15) and the lowest is ($0.23). Trupanion posted earnings of ($0.08) per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 150%. The company is scheduled to report its next earnings report on Monday, January 1st.

On average, analysts expect that Trupanion will report full year earnings of ($0.77) per share for the current year, with EPS estimates ranging from ($0.91) to ($0.53). For the next fiscal year, analysts forecast that the business will post earnings of ($0.46) per share, with EPS estimates ranging from ($0.70) to $0.05. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Trupanion.

Trupanion (NASDAQ:TRUPGet Rating) last released its quarterly earnings results on Thursday, April 28th. The financial services provider reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.05). The firm had revenue of $206.00 million for the quarter, compared to analyst estimates of $202.32 million. Trupanion had a negative return on equity of 8.66% and a negative net margin of 4.26%. The business’s revenue for the quarter was up 33.2% on a year-over-year basis. During the same period in the previous year, the business posted ($0.31) earnings per share.

Several equities analysts have weighed in on TRUP shares. Canaccord Genuity Group dropped their price objective on Trupanion from $140.00 to $100.00 in a report on Friday, April 29th. Zacks Investment Research cut Trupanion from a “buy” rating to a “hold” rating in a report on Wednesday. Piper Sandler dropped their price objective on Trupanion from $150.00 to $95.00 in a report on Friday, April 29th. StockNews.com began coverage on Trupanion in a report on Thursday, March 31st. They issued a “sell” rating for the company. Finally, Lake Street Capital lowered their price target on Trupanion from $150.00 to $120.00 in a report on Thursday, February 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Trupanion currently has a consensus rating of “Hold” and an average target price of $102.60.

In related news, CEO Darryl Rawlings sold 4,000 shares of the business’s stock in a transaction on Friday, April 29th. The stock was sold at an average price of $70.37, for a total transaction of $281,480.00. Following the sale, the chief executive officer now owns 857,109 shares in the company, valued at approximately $60,314,760.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael Doak sold 700 shares of the business’s stock in a transaction on Tuesday, April 5th. The stock was sold at an average price of $97.26, for a total value of $68,082.00. The disclosure for this sale can be found here. Insiders have sold a total of 26,958 shares of company stock valued at $2,236,447 in the last three months. 6.77% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of TRUP. FNY Investment Advisers LLC bought a new stake in Trupanion during the 4th quarter worth $28,000. Rational Advisors LLC grew its position in shares of Trupanion by 112.5% in the 4th quarter. Rational Advisors LLC now owns 238 shares of the financial services provider’s stock valued at $31,000 after buying an additional 126 shares during the last quarter. Lindbrook Capital LLC bought a new stake in shares of Trupanion in the 4th quarter valued at about $36,000. Prospera Financial Services Inc bought a new stake in shares of Trupanion in the 1st quarter valued at about $49,000. Finally, Harbor Investment Advisory LLC grew its position in shares of Trupanion by 33.5% in the 1st quarter. Harbor Investment Advisory LLC now owns 714 shares of the financial services provider’s stock valued at $64,000 after buying an additional 179 shares during the last quarter. Institutional investors and hedge funds own 83.62% of the company’s stock.

Shares of NASDAQ TRUP opened at $63.82 on Friday. The stock has a market capitalization of $2.60 billion, a PE ratio of -80.78 and a beta of 2.15. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.88 and a quick ratio of 1.75. The business has a fifty day moving average price of $82.04 and a two-hundred day moving average price of $101.24. Trupanion has a fifty-two week low of $61.05 and a fifty-two week high of $158.25.

Trupanion Company Profile (Get Rating)

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

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