Trupanion Inc (TRUP) Stock: A Closer Look

Trupanion Inc [TRUP] stock prices are up 6.34% to $29.01 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TRUP shares have gain 20.22% over the last week, with a monthly amount glided 5.88%, and seem to be holding up well over a long-time horizon.

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On 28, February 2024, Trupanion to Participate in the Raymond James 2024 Institutional Investors Conference. In a post published today on Yahoo Finance, Trupanion, Inc. (Nasdaq: TRUP) announced today that Margi Tooth, President, will present at the Raymond James 2024 Institutional Investors Conference on Wednesday, March 6, 2024, at 9:50 a.m. ET and will participate in meetings with investors throughout the day.

From an analyst’s perspective:

Trupanion Inc [NASDAQ: TRUP] stock has seen the most recent analyst activity on May 08, 2023, when BofA Securities downgraded its rating to a Neutral and also revised its price target to $32 from $72. Previously, Jefferies started tracking the stock with Buy rating on September 21, 2022, and set its price target to $77. On August 04, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $69 on the stock. BofA Securities upgraded its rating to a Buy and decreased its price target to $118 on February 24, 2022. BofA Securities downgraded its rating to a Neutral and raised its price target to $129 on November 08, 2021. BofA Securities started tracking with a Buy rating for this stock on October 18, 2021, and assigned it a price target of $112. In a note dated October 06, 2021, Piper Sandler initiated an Overweight rating and provided a target price of $110 on this stock.

The stock price of Trupanion Inc [TRUP] has been fluctuating between $18.45 and $62.21 over the past year. Currently, Wall Street analysts expect the stock to reach $62 within the next 12 months. Trupanion Inc [NASDAQ: TRUP] shares were valued at $29.01 at the most recent close of the market. An investor can expect a potential return of 113.72% based on the average TRUP price forecast.

Analyzing the TRUP fundamentals

The Trupanion Inc [NASDAQ:TRUP] reported sales of 1.11B for trailing twelve months, representing a surge of 20.26%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.15 and Total Capital is -0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.42.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.49 points at the first support level, and at 25.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.04, and for the 2nd resistance point, it is at 31.08.

Trupanion Inc [TRUP] reported earnings per share of -$0.05 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.18/share, meaning a difference of $0.13 and a surprise factor of 72.20%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.1 per share as compared to estimates of -$0.31 per share, a difference of $0.21 representing a surprise of 67.70%.

Ratios To Look Out For

It’s worth pointing out that Trupanion Inc [NASDAQ:TRUP]’s Current Ratio is 1.63. Considering the valuation of this stock, the price to sales ratio is 1.09, the price to book ratio is 4.00.

Transactions by insiders

Recent insider trading involved WEINRAUCH STEVE, EVP, North Am & Vet Strategy, that happened on Nov 30 when 10170.0 shares were sold. General Manager, HEWITT MELISSA JOY completed a deal on Nov 30 to sell 1213.0 shares. Meanwhile, Director DOAK MICHAEL sold 8688.0 shares on Aug 30.

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