Trupanion (NASDAQ:TRUP) Stock Price Up 4.8%

Trupanion, Inc. (NASDAQ:TRUP - Get Free Report)'s share price was up 4.8% during mid-day trading on Thursday . The company traded as high as $22.71 and last traded at $22.70. Approximately 149,464 shares traded hands during trading, a decline of 78% from the average daily volume of 667,485 shares. The stock had previously closed at $21.66.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on TRUP shares. Piper Sandler reduced their target price on shares of Trupanion from $32.00 to $28.00 and set a "neutral" rating on the stock in a report on Friday, April 5th. Evercore ISI reduced their price objective on shares of Trupanion from $35.00 to $31.00 and set an "outperform" rating on the stock in a report on Tuesday, February 20th. Finally, Stifel Nicolaus raised their price objective on shares of Trupanion from $25.00 to $28.00 and gave the company a "hold" rating in a report on Friday, February 16th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $33.20.

Trupanion Price Performance

The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.63 and a current ratio of 1.63. The stock's 50-day moving average is $26.79 and its 200 day moving average is $27.00. The stock has a market capitalization of $893.06 million, a PE ratio of -20.39 and a beta of 1.71.

Trupanion (NASDAQ:TRUP - Get Free Report) last issued its quarterly earnings data on Thursday, February 15th. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.13. Trupanion had a negative net margin of 4.03% and a negative return on equity of 15.19%. The company had revenue of $295.50 million for the quarter, compared to the consensus estimate of $289.84 million. During the same period last year, the firm posted ($0.23) EPS. Trupanion's revenue for the quarter was up 20.1% on a year-over-year basis. As a group, equities analysts expect that Trupanion, Inc. will post -0.43 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Sivia Capital Partners LLC purchased a new position in Trupanion during the 4th quarter worth $31,398,000. Wellington Management Group LLP lifted its stake in shares of Trupanion by 34.6% in the 4th quarter. Wellington Management Group LLP now owns 2,453,685 shares of the financial services provider's stock worth $74,862,000 after acquiring an additional 630,155 shares during the period. Virtu Financial LLC acquired a new stake in shares of Trupanion in the 4th quarter worth $668,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Trupanion by 11.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,884 shares of the financial services provider's stock worth $302,000 after acquiring an additional 1,009 shares during the period. Finally, Barclays PLC lifted its stake in shares of Trupanion by 49.1% in the 4th quarter. Barclays PLC now owns 61,413 shares of the financial services provider's stock worth $1,873,000 after acquiring an additional 20,223 shares during the period.

Trupanion Company Profile

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.