Trupanion, Inc. (NASDAQ:TRUP) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Trupanion, Inc. (NASDAQ:TRUP) have earned a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $44.67.

A number of research firms have recently commented on TRUP. Piper Sandler lifted their target price on Trupanion from $45.00 to $57.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Northland Securities boosted their target price on shares of Trupanion from $45.00 to $50.00 and gave the company a “market perform” rating in a research note on Thursday, October 31st. Bank of America raised their price target on shares of Trupanion from $47.00 to $56.00 and gave the stock a “buy” rating in a research note on Friday, September 20th. Finally, Stifel Nicolaus upped their price objective on Trupanion from $30.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, September 23rd.

Trupanion Trading Down 1.3 %

Shares of TRUP stock opened at $52.73 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of -164.78 and a beta of 1.60. Trupanion has a 52-week low of $19.69 and a 52-week high of $57.90. The company has a 50-day simple moving average of $52.13 and a two-hundred day simple moving average of $41.74.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.09. The company had revenue of $327.50 million during the quarter, compared to the consensus estimate of $321.79 million. Trupanion had a negative return on equity of 4.36% and a negative net margin of 1.08%. Trupanion’s revenue was up 14.6% on a year-over-year basis. During the same period last year, the business posted ($0.10) earnings per share. Research analysts anticipate that Trupanion will post -0.23 EPS for the current fiscal year.

Insider Activity

In other Trupanion news, SVP Emily Dreyer sold 3,100 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $54.85, for a total value of $170,035.00. Following the completion of the transaction, the senior vice president now owns 24,708 shares in the company, valued at $1,355,233.80. This trade represents a 11.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Steve Weinrauch sold 11,916 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $53.00, for a total value of $631,548.00. Following the sale, the executive vice president now owns 48,978 shares in the company, valued at approximately $2,595,834. This represents a 19.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 28,405 shares of company stock valued at $1,512,482 over the last quarter. Company insiders own 5.50% of the company’s stock.

Hedge Funds Weigh In On Trupanion

Hedge funds have recently bought and sold shares of the company. Quest Partners LLC bought a new stake in shares of Trupanion during the 3rd quarter valued at about $37,000. Wilmington Savings Fund Society FSB purchased a new position in Trupanion in the third quarter worth $54,000. GAMMA Investing LLC increased its stake in Trupanion by 70.4% in the third quarter. GAMMA Investing LLC now owns 1,442 shares of the financial services provider’s stock valued at $61,000 after acquiring an additional 596 shares during the last quarter. Entropy Technologies LP bought a new stake in Trupanion during the third quarter worth about $202,000. Finally, Mutual of America Capital Management LLC purchased a new position in shares of Trupanion in the 3rd quarter worth about $210,000.

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.