Reflections On The Past For Investors Today: Trupanion Inc (NASDAQ: TRUP)

Trupanion Inc (NASDAQ:TRUP) does about 759.40K shares in volume on a normal day but saw 2799642 shares change hands in Monday’s trading. The company now has a market cap of 1.29B USD. Its current market price is $30.77, marking an increase of 19.26% compared to the previous close of $25.80. The 52 week high reached by this stock is $36.66 whilst the lowest price level in 52 weeks is $18.45.

Trupanion Inc (TRUP) has a 20-day trading average at $23.50 and the current price is -16.07% off the 52-week high compared with 66.78% distance from its 52-week low. The 50-day simple moving average of the closing price is $25.43 and its 200-day simple moving average is $27.19. If we look at the stock’s price movements over the week, volatility stands at 11.88%, which decreases to 8.67% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 65.37 to suggest the stock is neutral.

The consensus objective for the share price is $30.25, suggesting that the stock has a potential downside of -1.72% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 08, 2023 when BofA Securities downgraded the stock to “Neutral” and issued a price target of between $72 and $32. Piper Sandler downgraded its price target at $80-$69.

Trupanion Inc (TRUP) stock is up 36.69% over the week and 31.61% over the past month. Its price is 0.85% year-to-date and 37.98% over the past year.

The stock last released its quarterly earnings report for quarter ended 3/31/2024, with the company’s earnings per share (EPS) of -0.33 above consensus estimates by 0.08. The company’s next earnings report forecasts estimating quarterly EPS at -0.18 and -0.43 for whole year. Expected sales for next quarter are $318.37M, which analysts say will come at $1.26B for the current fiscal year and next year at $1.38B. In addition, estimates put the company’s current quarterly revenue at an average of $309.18M.

To reach the target analysts have set, the stock logically needs to shrink -1.72 percent from here.

The company has a return on investment of -6.21% and return on equity of -8.95%. The beta has a value of 1.78. Price to book ratio is 4.26 and price to sales ratio is 1.12.