Analysts predict that Trupanion Inc (NASDAQ:TRUP) will announce earnings per share (EPS) of ($0.01) for the current quarter, according to Zacks. Three analysts have made estimates for Trupanion’s earnings. The lowest EPS estimate is ($0.03) and the highest is $0.00. Trupanion posted earnings per share of $0.01 during the same quarter last year, which indicates a negative year-over-year growth rate of 200%. The company is scheduled to report its next quarterly earnings results on Thursday, November 1st.
According to Zacks, analysts expect that Trupanion will report full-year earnings of ($0.08) per share for the current fiscal year, with EPS estimates ranging from ($0.11) to ($0.05). For the next fiscal year, analysts expect that the company will report earnings of $0.12 per share, with EPS estimates ranging from ($0.05) to $0.26. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Trupanion.
Trupanion (NASDAQ:TRUP) last posted its earnings results on Thursday, August 2nd. The financial services provider reported ($0.01) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.04. The company had revenue of $73.39 million during the quarter, compared to analyst estimates of $72.70 million. Trupanion had a negative return on equity of 4.43% and a negative net margin of 0.84%. The business’s revenue was up 25.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.02) earnings per share.
Several equities analysts have recently commented on TRUP shares. Zacks Investment Research lowered Trupanion from a “buy” rating to a “hold” rating in a report on Saturday, August 18th. Royal Bank of Canada increased their price objective on Trupanion to $44.00 and gave the stock an “outperform” rating in a report on Friday, August 3rd. BidaskClub lowered Trupanion from a “buy” rating to a “hold” rating in a report on Tuesday, August 14th. Cowen increased their price objective on Trupanion from $41.00 to $47.00 and gave the stock a “positive” rating in a report on Friday, August 3rd. Finally, Craig Hallum initiated coverage on Trupanion in a report on Thursday, July 19th. They issued a “buy” rating and a $55.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $45.22.
NASDAQ:TRUP opened at $33.58 on Tuesday. The company has a market cap of $1.10 billion, a PE ratio of -479.64 and a beta of 0.58. Trupanion has a 52 week low of $23.45 and a 52 week high of $46.70. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.04 and a quick ratio of 3.04.
In other Trupanion news, CEO Darryl Rawlings sold 4,000 shares of the stock in a transaction on Thursday, July 5th. The stock was sold at an average price of $38.18, for a total transaction of $152,720.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Murray B. Low sold 3,000 shares of the stock in a transaction on Friday, August 10th. The shares were sold at an average price of $38.12, for a total value of $114,360.00. Following the transaction, the director now directly owns 189,782 shares of the company’s stock, valued at $7,234,489.84. The disclosure for this sale can be found here. Insiders sold a total of 23,450 shares of company stock valued at $908,039 over the last three months. Corporate insiders own 20.70% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Boston Advisors LLC boosted its stake in Trupanion by 16.2% during the 2nd quarter. Boston Advisors LLC now owns 8,070 shares of the financial services provider’s stock valued at $312,000 after purchasing an additional 1,127 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its stake in Trupanion by 15.7% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 13,322 shares of the financial services provider’s stock valued at $514,000 after purchasing an additional 1,811 shares in the last quarter. Swiss National Bank boosted its stake in Trupanion by 6.3% during the 1st quarter. Swiss National Bank now owns 33,910 shares of the financial services provider’s stock valued at $1,014,000 after purchasing an additional 2,000 shares in the last quarter. Rhumbline Advisers boosted its stake in Trupanion by 9.9% during the 2nd quarter. Rhumbline Advisers now owns 22,407 shares of the financial services provider’s stock valued at $865,000 after purchasing an additional 2,015 shares in the last quarter. Finally, US Bancorp DE boosted its stake in Trupanion by 111.8% during the 2nd quarter. US Bancorp DE now owns 4,512 shares of the financial services provider’s stock valued at $175,000 after purchasing an additional 2,382 shares in the last quarter. 93.92% of the stock is owned by hedge funds and other institutional investors.
Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.
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