FY2024 EPS Estimates for Trupanion Lifted by William Blair

Trupanion, Inc. (NASDAQ:TRUP) – Equities researchers at William Blair lifted their FY2024 earnings per share estimates for shares of Trupanion in a research note issued to investors on Wednesday, October 30th. William Blair analyst B. Vazquez now anticipates that the financial services provider will post earnings per share of ($0.13) for the year, up from their previous estimate of ($0.17). William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Trupanion’s current full-year earnings is ($0.34) per share. William Blair also issued estimates for Trupanion’s Q4 2024 earnings at $0.14 EPS, Q1 2025 earnings at ($0.03) EPS, Q1 2026 earnings at $0.01 EPS and Q2 2026 earnings at $0.00 EPS.

Trupanion (NASDAQ:TRUP) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.09. Trupanion had a negative return on equity of 4.36% and a negative net margin of 1.08%. The company had revenue of $327.50 million during the quarter, compared to the consensus estimate of $321.79 million. During the same period last year, the firm earned ($0.10) earnings per share. The company’s revenue was up 14.6% on a year-over-year basis.

A number of other equities research analysts have also recently weighed in on TRUP. Bank of America lifted their price target on Trupanion from $47.00 to $56.00 and gave the company a “buy” rating in a report on Friday, September 20th. Piper Sandler raised their price objective on shares of Trupanion from $45.00 to $57.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Northland Securities lifted their price target on shares of Trupanion from $45.00 to $50.00 and gave the stock a “market perform” rating in a research report on Thursday, October 31st. Stifel Nicolaus lifted their target price on shares of Trupanion from $30.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, September 23rd. Finally, Evercore ISI raised shares of Trupanion to a “strong-buy” rating in a research note on Friday, August 9th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.67.

Trupanion Stock Performance

Shares of NASDAQ TRUP opened at $50.05 on Monday. The company has a quick ratio of 1.63, a current ratio of 1.66 and a debt-to-equity ratio of 0.40. The firm’s 50-day moving average price is $47.11 and its two-hundred day moving average price is $36.63. Trupanion has a 52-week low of $19.69 and a 52-week high of $57.90. The stock has a market capitalization of $2.11 billion, a P/E ratio of -156.41 and a beta of 1.69.

Insider Transactions at Trupanion

In related news, CFO Fawwad Qureshi sold 624 shares of the stock in a transaction on Monday, August 26th. The shares were sold at an average price of $46.54, for a total transaction of $29,040.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Trupanion news, CFO Fawwad Qureshi sold 624 shares of the stock in a transaction on Monday, August 26th. The shares were sold at an average price of $46.54, for a total value of $29,040.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Margaret Tooth sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $46.48, for a total transaction of $348,600.00. Following the sale, the chief executive officer now owns 99,984 shares of the company’s stock, valued at approximately $4,647,256.32. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,764 shares of company stock valued at $405,238 over the last quarter. Corporate insiders own 5.50% of the company’s stock.

Hedge Funds Weigh In On Trupanion

Several hedge funds and other institutional investors have recently made changes to their positions in TRUP. Capstone Investment Advisors LLC acquired a new position in Trupanion during the 1st quarter worth approximately $269,000. GSA Capital Partners LLP boosted its stake in shares of Trupanion by 376.5% in the 1st quarter. GSA Capital Partners LLP now owns 80,046 shares of the financial services provider’s stock valued at $2,210,000 after purchasing an additional 63,247 shares during the last quarter. Texas Permanent School Fund Corp boosted its stake in Trupanion by 1.8% during the first quarter. Texas Permanent School Fund Corp now owns 31,269 shares of the financial services provider’s stock worth $863,000 after acquiring an additional 561 shares in the last quarter. SG Americas Securities LLC boosted its stake in Trupanion by 45.0% during the first quarter. SG Americas Securities LLC now owns 27,292 shares of the financial services provider’s stock worth $754,000 after acquiring an additional 8,473 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new position in Trupanion during the first quarter worth $473,000.

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.