Analysts Anticipate Trupanion, Inc. (NASDAQ:TRUP) Will Post Earnings of -$0.20 Per Share

Equities research analysts expect Trupanion, Inc. (NASDAQ:TRUP – Get Rating) to report earnings of ($0.20) per share for the current quarter, according to Zacks. Four analysts have made estimates for Trupanion’s earnings, with the lowest EPS estimate coming in at ($0.23) and the highest estimate coming in at ($0.15). Trupanion posted earnings per share of ($0.08) during the same quarter last year, which indicates a negative year-over-year growth rate of 150%. The business is expected to issue its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Trupanion will report full-year earnings of ($0.77) per share for the current year, with EPS estimates ranging from ($0.91) to ($0.53). For the next financial year, analysts expect that the company will report earnings of ($0.46) per share, with EPS estimates ranging from ($0.70) to $0.05. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that that provide coverage for Trupanion.

Trupanion (NASDAQ:TRUP – Get Rating) last announced its quarterly earnings results on Thursday, April 28th. The financial services provider reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.05). Trupanion had a negative return on equity of 8.66% and a negative net margin of 4.26%. The firm had revenue of $206.00 million for the quarter, compared to analysts’ expectations of $202.32 million. During the same period last year, the company posted ($0.31) earnings per share. The business’s quarterly revenue was up 33.2% on a year-over-year basis.

Several equities analysts have issued reports on the stock. StockNews.com assumed coverage on shares of Trupanion in a report on Thursday, March 31st. They set a “sell” rating on the stock. Zacks Investment Research downgraded shares of Trupanion from a “buy” rating to a “hold” rating in a report on Wednesday, May 4th. Piper Sandler reduced their target price on shares of Trupanion from $95.00 to $80.00 and set an “overweight” rating for the company in a research report on Friday. TheStreet cut shares of Trupanion from a “c-” rating to a “d+” rating in a research report on Wednesday, April 6th. Finally, Lake Street Capital reduced their target price on shares of Trupanion from $150.00 to $120.00 in a research report on Thursday, February 17th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $99.60.

In other Trupanion news, COO Tricia Plouf sold 3,500 shares of Trupanion stock in a transaction dated Thursday, March 17th. The shares were sold at an average price of $85.00, for a total transaction of $297,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Darryl Rawlings sold 4,000 shares of Trupanion stock in a transaction dated Friday, March 11th. The shares were sold at an average price of $81.04, for a total transaction of $324,160.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,758 shares of company stock valued at $2,228,675. 6.77% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the business. FNY Investment Advisers LLC purchased a new position in shares of Trupanion in the fourth quarter valued at approximately $28,000. Rational Advisors LLC boosted its stake in shares of Trupanion by 112.5% in the fourth quarter. Rational Advisors LLC now owns 238 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 126 shares during the period. Lindbrook Capital LLC purchased a new position in shares of Trupanion in the fourth quarter valued at approximately $36,000. Prospera Financial Services Inc purchased a new position in shares of Trupanion in the first quarter valued at approximately $49,000. Finally, Tcwp LLC purchased a new position in shares of Trupanion in the first quarter valued at approximately $54,000. Institutional investors and hedge funds own 83.62% of the company’s stock.

Shares of NASDAQ TRUP opened at $68.96 on Friday. The company’s fifty day moving average price is $75.85 and its 200 day moving average price is $96.17. Trupanion has a 1 year low of $54.68 and a 1 year high of $158.25. The company has a market capitalization of $2.81 billion, a PE ratio of -87.29 and a beta of 2.15. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.88 and a current ratio of 1.88.

About Trupanion (Get Rating)

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Puerto Rico, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.

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