The Jefferies Financial Group predicted the company’s profits per share for the third quarter of 2022 in a letter sent to investors on September 21, 2018, concerning Trupanion, Inc., doing business as TRUP (NASDAQ: TRUP). The letter was related to Trupanion, Inc.’s business as TRUP. Jefferies Financial Group analyst C. Grady anticipates that the financial services industry will report earnings of $0.31 per share for the year’s final quarter. Jefferies Financial Group has provided the company with a “Buy” recommendation and has established a price objective of $77.0 for the stock. Jefferies Financial Group has also set a price target of $77.0. The current projection for Trupanion’s share price throughout this year is $1.03 per share. According to projections made by Jefferies Financial Group, Trupanion will bring in a profit of $0.29 during the final three months of 2022. There will be a loss of $1.15 in yearly earnings per share for the financial year 2022. The first quarter of 2023 brought in earnings of $0.26 per share for the company. The earnings per share for the second quarter of 2023 came in at $0.27. This was an increase from the previous quarter. In the third quarter of 2023, the loss accrued per share was $0.25. The earnings per share for the fourth quarter of the fiscal year 2023 came in at $0.24, while for the full fiscal year 2023, they were $1.01%, and for the full fiscal year 2024, they were $0.93%.
A few other brokerages have also produced reports concerning TRUP during this period. In a research note released on Tuesday, August 9, Evercore ISI stated that they would be decreasing their target price on Trupanion to $85.00. In a research note made public on Friday, August 5, Canaccord Genuity Group announced that they would be decreasing their target price for Trupanion from $100.00 to $90.00. The previous target price was set at $100.00. In a research note published on Thursday, August 4, August 4, they lowered their rating on Trupanion from “overweight” to “neutral” and lowered their target price from $80.00 to $69.00 in a research note. The company’s stock was considered when both of these modifications were made. The target price that Northland Securities has set for Trupanion has dropped from $800.00 to $70.00 due to a research report published on Thursday, August 4. The final and most significant adjustment was made here. After weighing in on the company’s stock, a total of three research analysts have provided their opinions, with two recommending a purchase, one recommending a hold, and one recommending a sale of the stock. According to research from Bloomberg, the current consensus price target for the company is $88.71, and the overall rating for the company is “Hold.”
TRUP debuted on the NASDAQ Friday with an opening price of $58.86. The current price of Trupanion is $158.25, while the 52-week low is $50.81. The difference between these two prices represents the 52-week range. 1.78 is the value shared by all three ratios: the debt-to-equity ratio, the current ratio, and the quick ratio. The ratio of debt to equity is currently pegged at 0.17. The stock currently trades at a market value of $2.40 billion, carries a price-to-earnings ratio of -66.13, and has a beta value of 1.95. The simple moving average of the company’s stock price over the past 50 days is $68.41, and the average over the last 200 days is $70.36.
On Wednesday, August 3 August 3, 2018, the most recent quarterly earnings report for Trupanion (NASDAQ: TRUP) was released to the public. The date was in August. The quarterly profits per share for the financial services company came in at a loss of $0.33, which was $0.10 less than the average prediction of $0.23. Trupanion had a negative return on equity, which came in at 10.62%, and the company also had a negative net margin, which came in at 4.53%. The most recent quarter of the company’s had actual sales of $219.41 million, which is significantly higher than the average prediction of $216.63 million in sales for that quarter.
Several institutional investors have recently modified their previous positions regarding TRUP holdings. During the period covered by the report for the fourth quarter, Dimensional Fund Advisors LP increased the amount of Trupanion stock owned by a percentage equal to 19.0%. After purchasing an additional 21,701 shares throughout the relevant period, Dimensional Fund Advisors LP now has a total of 136,020 shares of the common stock of the financial services provider, which are currently valued at $17,958,000. These shares were acquired during the period in question. In addition, a 69.6% increase in Citigroup Inc.’s ownership stake in Trupanion was accomplished over the final three months of 2018. Citigroup Inc. now has a total of 31,752 shares, which have a market value of $4,192,000 after purchasing an additional 13,033 shares during the most recent quarter. During the last quarter of the fiscal year, Pictet Asset Management SA invested in Trupanion shares worth $276,000. Charles Schwab Investment Management Inc. increased the amount of Trupanion stock held by 2.1% during the fourth quarter. Charles Schwab Investment Management Inc. has a total of 251,682 shares of the company’s stock in its possession after purchasing an additional 5,061 shares during the preceding quarter, which brings the total value of the company’s stock that they own to $33,230,000. The Public Sector Pension Investment Board increased the total amount it had invested in Trupanion by 1.1% during the fourth quarter of the fiscal year. Now we’ve arrived at the very last and very last point. Following the acquisition of an additional 790 shares during the most recent quarter, the Public Sector Pension Investment Board now has a total of 69,890 of the financial services provider’s shares, which are currently valued at $9,228,000. This brings the total number of shares in the Public Sector Pension Investment Board’s holdings to 69,890. At the moment, institutions hold ownership of 97.85 percent of the company’s equity in the company.
On Tuesday, July 5, July 5, company director Michael Doak made a transaction in which he sold 700 shares of the company’s stock. This is another development about this topic. A total value of $42,000.00 was traded as a result of the sale of the stock at an average price of $60.00 per share, which brought about the transaction. As a result of the sale being finalized, the director now has direct ownership of 1,007 company shares, which have an estimated value of $60,420. On the Securities and Exchange Commission’s (SEC) website, you can access the information submitted to the SEC regarding the transaction, which is currently available. On Thursday, July 7, July 7, it was reported in other news that the chief executive officer of a company, Darryl Rawlings, sold 4,000 shares of company stock. The amount of stock sold was a total of $264,440.00, and the price received per share was $66.11, which was used as the average selling price. Following the completion of the sale, the CEO now directly owns 861,109 shares of the company, the total value of which is approximately $56,927,915.99. Should you follow this link, you will be taken to the SEC filing in which the transaction was discussed in greater detail. Michael Doak, the director of the company, sold 700 shares of the company’s stock on Tuesday, July 5.
Additionally, the sale closed successfully. During the transaction, buyers paid an average price of $60.00 per share, leading to revenue of $42,000.00. The transaction completion resulted in the director acquiring 1,007 shares of company stock. The total value of these shares is $60,420. Disclosures that are related to the sale might be found in this section of the website. Insiders have sold 28,207 company stock over the past three months, totaling $1,934,952 in profits. Current and former employees hold 5.86% of the company’s shares.