Trupanion, Inc. (NASDAQ:TRUP) Given Average Rating of “Hold” by Analysts

Trupanion, Inc. (NASDAQ:TRUP) has received a consensus rating of “Hold” from the five ratings firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $32.33.

Several research firms recently weighed in on TRUP. Canaccord Genuity Group reduced 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. Piper Sandler decreased their price target on shares of Trupanion from $28.00 to $22.00 and set a “neutral” rating on the stock in a report on Friday. Stifel Nicolaus increased their price objective on shares of Trupanion from $25.00 to $28.00 and gave the company a “hold” rating in a research note on Friday, February 16th. Finally, Evercore ISI decreased their target price on shares of Trupanion from $35.00 to $31.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 20th.

Hedge Funds Weigh In On Trupanion

Hedge funds have recently made changes to their positions in the stock. BluePath Capital Management LLC bought a new stake in shares of Trupanion in the 3rd quarter valued at $31,000. Quest Partners LLC bought a new stake in Trupanion during the fourth quarter valued at $67,000. PNC Financial Services Group Inc. grew its holdings in Trupanion by 45.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,990 shares of the financial services provider’s stock worth $84,000 after acquiring an additional 933 shares during the period. Victory Capital Management Inc. bought a new position in shares of Trupanion in the 4th quarter worth about $211,000. Finally, Dark Forest Capital Management LP acquired a new position in shares of Trupanion in the 3rd quarter valued at about $219,000.

Trupanion Price Performance

TRUP traded down $3.93 on Friday, hitting $19.85. 2,327,393 shares of the stock were exchanged, compared to its average volume of 683,106. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.63 and a quick ratio of 1.63. Trupanion has a 12 month low of $18.45 and a 12 month high of $36.82. The firm has a market capitalization of $833.60 million, a price-to-earnings ratio of -18.38 and a beta of 1.76. The business has a 50-day moving average of $25.67 and a two-hundred day moving average of $26.77.

Trupanion (NASDAQ:TRUP) last announced its quarterly earnings data on Thursday, May 2nd. The financial services provider reported ($0.16) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.02. Trupanion had a negative net margin of 4.03% and a negative return on equity of 15.19%. The business had revenue of $306.12 million for the quarter, compared to analysts’ expectations of $300.51 million. During the same period last year, the firm posted ($0.60) earnings per share. The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. Sell-side analysts forecast that Trupanion will post -0.43 EPS for the current fiscal year.

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.