Zacks: Analysts Anticipate Trupanion, Inc. (NASDAQ:TRUP) to Post -$0.16 Earnings Per Share

Brokerages expect Trupanion, Inc. (NASDAQ:TRUP) to report earnings of ($0.16) per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Trupanion’s earnings, with the lowest EPS estimate coming in at ($0.21) and the highest estimate coming in at ($0.13). Trupanion posted earnings per share of ($0.09) during the same quarter last year, which would indicate a negative year over year growth rate of 77.8%. The company is scheduled to report its next earnings report on Wednesday, February 9th.

On average, analysts expect that Trupanion will report full-year earnings of ($0.87) per share for the current financial year, with EPS estimates ranging from ($0.92) to ($0.84). For the next fiscal year, analysts expect that the company will report earnings of ($0.56) per share, with EPS estimates ranging from ($0.76) to ($0.33). Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that follow Trupanion.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings results on Wednesday, November 3rd. The financial services provider reported ($0.17) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.01. Trupanion had a negative net margin of 4.94% and a negative return on equity of 8.69%. During the same period in the previous year, the firm earned ($0.07) EPS.

Several research firms have weighed in on TRUP. Piper Sandler began coverage on shares of Trupanion in a research note on Wednesday, October 6th. They set an “overweight” rating and a $110.00 target price for the company. Zacks Investment Research upgraded shares of Trupanion from a “sell” rating to a “hold” rating in a research note on Saturday, August 7th. Finally, Bank of America lowered shares of Trupanion from a “buy” rating to a “neutral” rating and boosted their target price for the company from $112.00 to $129.00 in a research note on Monday, November 8th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Trupanion has a consensus rating of “Buy” and a consensus price target of $127.80.

TRUP traded up $2.02 during trading on Thursday, hitting $125.03. The company had a trading volume of 446,774 shares, compared to its average volume of 350,968. The company has a market cap of $5.05 billion, a PE ratio of -156.29 and a beta of 1.98. The business has a 50-day moving average of $102.47 and a 200-day moving average of $99.63. Trupanion has a 1-year low of $69.74 and a 1-year high of $140.46.

In related news, Director Murray B. Low sold 500 shares of the stock in a transaction dated Monday, November 15th. The shares were sold at an average price of $130.03, for a total value of $65,015.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Doak sold 2,500 shares of the stock in a transaction dated Monday, August 30th. The shares were sold at an average price of $94.91, for a total transaction of $237,275.00. The disclosure for this sale can be found here. Insiders have sold 40,750 shares of company stock valued at $4,128,137 in the last 90 days. Insiders own 6.77% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Harbor Investment Advisory LLC purchased a new stake in Trupanion during the third quarter valued at about $42,000. Dark Forest Capital Management LP purchased a new stake in Trupanion during the third quarter valued at about $66,000. Point72 Hong Kong Ltd acquired a new position in shares of Trupanion in the 3rd quarter valued at about $79,000. Archer Investment Corp increased its holdings in shares of Trupanion by 40.6% in the 2nd quarter. Archer Investment Corp now owns 693 shares of the financial services provider’s stock valued at $80,000 after purchasing an additional 200 shares during the period. Finally, Advisor Group Holdings Inc. increased its holdings in shares of Trupanion by 8.4% in the 3rd quarter. Advisor Group Holdings Inc. now owns 1,686 shares of the financial services provider’s stock valued at $131,000 after purchasing an additional 131 shares during the period. 80.73% of the stock is owned by institutional investors.

Trupanion Company Profile

Trupanion, Inc engages in the provision of medical insurance for cats and dogs. It operates through the following segments: Subscription Business and Other Business. The Subscription Business segment involves in the monthly subscriptions of pet medical insurance. The Others Business segment includes companies or organizations that choose to provide medical insurance for cats and dogs as a benefit to their employees or members and contracts include multiple pets.

Featured Story: What causes a stock to be most active?

Get a free copy of the Zacks research report on Trupanion (TRUP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Trupanion (NASDAQ:TRUP)

Receive News & Ratings for Trupanion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trupanion and related companies with MarketBeat.com's FREE daily email newsletter.