Trupanion (NASDAQ:TRUP) Announces Earnings Results

Trupanion (NASDAQ:TRUP) released its quarterly earnings results on Tuesday. The financial services provider reported $0.02 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.04, Briefing.com reports. Trupanion had a negative net margin of 0.75% and a negative return on equity of 2.09%. The business had revenue of $99.28 million during the quarter, compared to analysts’ expectations of $97.24 million. During the same quarter in the previous year, the company earned $0.03 EPS. The business’s quarterly revenue was up 27.0% compared to the same quarter last year.

Shares of TRUP traded up $1.06 during mid-day trading on Friday, reaching $31.48. The company’s stock had a trading volume of 311,943 shares, compared to its average volume of 273,808. The stock has a market cap of $836.35 million, a PE ratio of -1,049.33 and a beta of 1.50. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.15. Trupanion has a 52 week low of $20.84 and a 52 week high of $37.13. The company’s fifty day moving average price is $23.81 and its two-hundred day moving average price is $29.28.

In other news, CEO Darryl Rawlings sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $23.92, for a total value of $95,680.00. Following the completion of the sale, the chief executive officer now directly owns 1,462,499 shares in the company, valued at approximately $34,982,976.08. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last 90 days, insiders sold 20,100 shares of company stock valued at $479,606. Company insiders own 13.61% of the company’s stock.

A number of equities analysts have commented on the stock. ValuEngine cut shares of Trupanion from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 16th. Royal Bank of Canada set a $38.00 price target on shares of Trupanion and gave the stock a “buy” rating in a research note on Wednesday, July 31st. Zacks Investment Research cut shares of Trupanion from a “hold” rating to a “strong sell” rating in a research note on Sunday, November 3rd. BidaskClub cut shares of Trupanion from a “sell” rating to a “strong sell” rating in a research note on Tuesday, October 8th. Finally, Craig Hallum set a $20.00 price target on shares of Trupanion and gave the stock a “hold” rating in a research note on Friday, October 11th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $36.00.

About Trupanion

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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Earnings History for Trupanion (NASDAQ:TRUP)

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