Stifel Nicolaus Issues Pessimistic Forecast for Trupanion (NASDAQ:TRUP) Stock Price

Trupanion (NASDAQ:TRUP) had its target price dropped by equities research analysts at Stifel Nicolaus from $44.00 to $41.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “hold” rating on the financial services provider’s stock. Stifel Nicolaus’ target price points to a potential upside of 24.43% from the stock’s current price.

Several other equities research analysts also recently issued reports on the company. Northland Securities boosted their price objective on Trupanion from $45.00 to $50.00 and gave the company a “market perform” rating in a report on Thursday, October 31st. Piper Sandler cut their price objective on Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a report on Thursday. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Trupanion has an average rating of “Moderate Buy” and a consensus price target of $46.60.

Trupanion Price Performance

NASDAQ:TRUP opened at $32.95 on Thursday. Trupanion has a 52 week low of $19.69 and a 52 week high of $57.90. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $1.40 billion, a P/E ratio of -143.26, a P/E/G ratio of 8.29 and a beta of 1.60. The stock’s fifty day moving average is $48.04 and its two-hundred day moving average is $47.89.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The firm had revenue of $337.31 million during the quarter, compared to analysts’ expectations of $335.41 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.11%. Equities analysts expect that Trupanion will post 0.13 EPS for the current year.

Insider Buying and Selling

In related news, SVP Emily Dreyer sold 900 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $54.55, for a total transaction of $49,095.00. Following the completion of the transaction, the senior vice president now directly owns 23,808 shares of the company’s stock, valued at $1,298,726.40. The trade was a 3.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Fawwad Qureshi sold 622 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $52.61, for a total value of $32,723.42. Following the transaction, the chief financial officer now directly owns 9,867 shares of the company’s stock, valued at $519,102.87. The trade was a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,581 shares of company stock valued at $615,159 in the last three months. 5.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new position in shares of Trupanion during the 4th quarter worth about $25,000. Jones Financial Companies Lllp boosted its position in shares of Trupanion by 71.7% during the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 238 shares in the last quarter. Quest Partners LLC acquired a new position in shares of Trupanion during the 3rd quarter worth about $37,000. Quarry LP acquired a new position in shares of Trupanion during the 4th quarter worth about $39,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Trupanion during the 3rd quarter worth about $54,000.

About Trupanion

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.