Trupanion, Inc. (NASDAQ:TRUP) Receives $32.33 Consensus PT from Analysts

Shares of Trupanion, Inc. (NASDAQ:TRUP) have been given an average rating of “Hold” by the five analysts that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $29.40.

Several analysts have issued reports on TRUP shares. Canaccord Genuity Group cut their price objective on Trupanion from $40.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday. Evercore ISI dropped their price target on Trupanion from $35.00 to $31.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 20th. Stifel Nicolaus raised their price objective on Trupanion from $25.00 to $28.00 and gave the stock a “hold” rating in a research note on Friday, February 16th. Finally, Piper Sandler lowered their target price on shares of Trupanion from $28.00 to $22.00 and set a “neutral” rating for the company in a research note on Friday.

Institutional Investors Weigh In On Trupanion

Large investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC acquired a new stake in shares of Trupanion in the 3rd quarter worth about $261,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Trupanion by 35.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,011 shares of the financial services provider’s stock valued at $254,000 after purchasing an additional 2,367 shares during the period. BluePath Capital Management LLC bought a new stake in shares of Trupanion during the third quarter valued at approximately $31,000. Nisa Investment Advisors LLC boosted its position in shares of Trupanion by 108.9% during the third quarter. Nisa Investment Advisors LLC now owns 18,930 shares of the financial services provider’s stock worth $534,000 after buying an additional 9,869 shares during the period. Finally, Check Capital Management Inc. CA grew its holdings in Trupanion by 32.1% in the 3rd quarter. Check Capital Management Inc. CA now owns 22,925 shares of the financial services provider’s stock worth $646,000 after buying an additional 5,575 shares in the last quarter.

Trupanion Stock Performance

Shares of TRUP opened at $19.85 on Friday. Trupanion has a 52-week low of $18.45 and a 52-week high of $36.82. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.42. The firm has a market cap of $833.50 million, a price-to-earnings ratio of -31.02 and a beta of 1.76. The business’s 50 day moving average is $25.61 and its two-hundred day moving average is $26.72.

Trupanion (NASDAQ:TRUP) last announced its quarterly earnings data on Thursday, May 2nd. The financial services provider reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.02. The company had revenue of $306.12 million during the quarter, compared to analyst estimates of $300.51 million. Trupanion had a negative net margin of 2.31% and a negative return on equity of 9.10%. The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period last year, the business earned ($0.60) EPS. Analysts forecast that Trupanion will post -0.43 EPS for the current fiscal year.

About Trupanion

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.