Zacks: Analysts Expect Trupanion, Inc. (NASDAQ:TRUP) to Post -$0.16 EPS

Brokerages predict that Trupanion, Inc. (NASDAQ:TRUP) will post earnings per share (EPS) of ($0.16) for the current quarter, according to Zacks. Four analysts have made estimates for Trupanion’s earnings. The lowest EPS estimate is ($0.21) and the highest is ($0.13). Trupanion reported earnings of ($0.09) per share during the same quarter last year, which indicates a negative year over year growth rate of 77.8%. The company is scheduled to issue its next earnings results on Wednesday, February 9th.

On average, analysts expect that Trupanion will report full year earnings of ($0.87) per share for the current year, with EPS estimates ranging from ($0.92) to ($0.84). For the next year, analysts expect that the business will post 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 firms that cover Trupanion.

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

Several equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Trupanion from a “sell” rating to a “hold” rating in a report on Saturday, August 7th. Bank of America cut Trupanion from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $112.00 to $129.00 in a report on Monday, November 8th. Finally, Piper Sandler assumed coverage on Trupanion in a research note on Wednesday, October 6th. They issued an “overweight” rating and a $110.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $127.80.

In other Trupanion news, Director Murray B. Low sold 500 shares of the business’s stock in a transaction that occurred on Monday, November 15th. The stock was sold at an average price of $130.03, for a total transaction of $65,015.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Gavin Friedman sold 400 shares of the business’s stock in a transaction that occurred on Friday, October 1st. The stock was sold at an average price of $78.30, for a total value of $31,320.00. The disclosure for this sale can be found here. Insiders sold a total of 40,750 shares of company stock worth $4,128,137 in the last 90 days. Company insiders own 6.77% of the company’s stock.

Several hedge funds have recently bought and sold shares of the stock. BlackRock Inc. grew its holdings in Trupanion by 11.6% in the 2nd quarter. BlackRock Inc. now owns 5,869,395 shares of the financial services provider’s stock valued at $675,565,000 after buying an additional 608,272 shares in the last quarter. Capital International Investors grew its holdings in Trupanion by 248.0% in the 2nd quarter. Capital International Investors now owns 422,174 shares of the financial services provider’s stock valued at $48,592,000 after buying an additional 300,874 shares in the last quarter. Macquarie Group Ltd. grew its holdings in Trupanion by 277.3% in the 3rd quarter. Macquarie Group Ltd. now owns 275,832 shares of the financial services provider’s stock valued at $21,424,000 after buying an additional 202,729 shares in the last quarter. FMR LLC grew its holdings in Trupanion by 27,534.5% in the 2nd quarter. FMR LLC now owns 185,704 shares of the financial services provider’s stock valued at $21,375,000 after buying an additional 185,032 shares in the last quarter. Finally, State Street Corp grew its holdings in Trupanion by 17.9% in the 2nd quarter. State Street Corp now owns 1,206,053 shares of the financial services provider’s stock valued at $138,817,000 after buying an additional 182,917 shares in the last quarter. 80.73% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:TRUP traded up $2.02 during trading on Thursday, hitting $125.03. 446,774 shares of the company’s stock traded hands, compared to its average volume of 350,968. Trupanion has a 52 week low of $69.74 and a 52 week high of $140.46. The company has a market cap of $5.05 billion, a price-to-earnings ratio of -156.29 and a beta of 1.98. The company has a 50-day moving average price of $102.47 and a 200-day moving average price of $99.63.

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.

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Earnings History and Estimates for Trupanion (NASDAQ:TRUP)

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