Trupanion (TRUP) Scheduled to Post Quarterly Earnings on Thursday

Trupanion (NASDAQ:TRUP) will issue its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Trupanion (NASDAQ:TRUP) last released 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 return on equity of 15.19% and a negative net margin of 4.03%. The firm had revenue of $295.50 million during the quarter, compared to analysts’ expectations of $289.84 million. During the same quarter in the prior year, the business posted ($0.23) earnings per share. Trupanion’s revenue was up 20.1% compared to the same quarter last year. On average, analysts expect Trupanion to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Trupanion Stock Performance

Shares of TRUP stock opened at $22.50 on Wednesday. Trupanion has a fifty-two week low of $18.45 and a fifty-two week high of $37.71. The business has a fifty day simple moving average of $25.68 and a 200-day simple moving average of $26.81. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.63 and a current ratio of 1.63.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on TRUP shares. Stifel Nicolaus raised their price target on Trupanion from $25.00 to $28.00 and gave the company a “hold” rating in a research report on Friday, February 16th. Piper Sandler dropped their price target on Trupanion from $32.00 to $28.00 and set a “neutral” rating for the company in a research report on Friday, April 5th. Finally, Evercore ISI dropped their price target on Trupanion from $35.00 to $31.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $33.20.

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.