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

Shares of Trupanion, Inc. (NASDAQ:TRUP) have been assigned a consensus rating of “Hold” from the five analysts that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $32.33.

TRUP has been the subject of several recent analyst reports. Piper Sandler decreased their price target on Trupanion from $28.00 to $22.00 and set a “neutral” rating for the company in a research note on Friday. Evercore ISI decreased their target price on Trupanion from $35.00 to $31.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Canaccord Genuity Group dropped their price target on shares of Trupanion from $40.00 to $34.00 and set a “buy” rating on the stock in a report on Friday. Finally, Stifel Nicolaus lifted their price target on shares of Trupanion from $25.00 to $28.00 and gave the stock a “hold” rating in a research note on Friday, February 16th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TRUP. BluePath Capital Management LLC purchased a new stake in shares of Trupanion during the 3rd quarter valued at about $31,000. Quest Partners LLC purchased a new stake in Trupanion during the fourth quarter valued at approximately $67,000. PNC Financial Services Group Inc. raised its position in Trupanion by 45.4% in the third 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 Trupanion in the fourth quarter worth approximately $211,000. Finally, Blueshift Asset Management LLC purchased a new position in shares of Trupanion during the 4th quarter worth $220,000.

Trupanion Stock Down 16.5 %

TRUP stock traded down $3.93 during trading on Friday, hitting $19.85. 2,327,393 shares of the stock traded hands, compared to its average volume of 683,106. The stock has a market cap of $833.60 million, a price-to-earnings ratio of -18.38 and a beta of 1.76. 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 1 year low of $18.45 and a 1 year high of $36.82. The firm’s 50 day moving average is $25.67 and its two-hundred day moving average is $26.77.

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