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Trupanion Inc. (NASDAQ: TRUP) Has Slid Negatively For The Year To Date, Predicting What Will Happen Next

Trupanion Inc. (NASDAQ:TRUP)’s traded shares stood at 1.15 million during the last session, with the company’s beta value hitting 1.77. At the close of trading, the stock’s price was $55.34, to imply a decrease of -2.52% or -$1.43 in intraday trading. The TRUP share’s 52-week high remains $99.01, putting it -78.91% down since that peak but still an impressive 26.33% since price per share fell to its 52-week low of $40.77. The company has a valuation of $2.42B, with an average of 0.46 million shares in intraday trading volume over the past 10 days and average of 457.69K shares over the past 3 months.

Analysts have given a consensus recommendation of an Overweight for Trupanion Inc. (TRUP), translating to a mean rating of 2.10. Of 10 analyst(s) looking at the stock, 1 analyst(s) give TRUP a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.29.

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Trupanion Inc. (NASDAQ:TRUP) trade information

After registering a -2.52% downside in the last session, Trupanion Inc. (TRUP) has traded red over the past five days. The stock hit a weekly high of 58.22 this Friday, 03/17/23, dropping -2.52% in its intraday price action. The 5-day price performance for the stock is 8.28%, and -12.10% over 30 days. With these gigs, the year-to-date price performance is 16.43%. Short interest in Trupanion Inc. (NASDAQ:TRUP) saw shorts transact 7.28 million shares and set a 17.52 days time to cover.

Analysts on Wall Street suggest a consensus price target of $67.00, implying an increase of 17.4% to the stock’s current value. The extremes give us $40.00 and $109.00 for target low and target high price respectively. As such, TRUP has been trading -96.96% off suggested target high and 27.72% from its likely low.

Trupanion Inc. (TRUP) estimates and forecasts

Looking at statistics comparing Trupanion Inc. share performance against respective industry, we note that the company has outperformed competitors. Trupanion Inc. (TRUP) shares are -16.54% down over the last 6 months, with its year-to-date growth rate higher than industry average at 10.91% against 2.50%. Revenue is forecast to shrink -70.60% this quarter before falling -13.60% for the next one. The rating firms project that company’s revenue will grow 28.90% compared to the previous financial year.

Revenue forecast for the current quarter as set by 8 analysts is $242.19 million. Meanwhile, for the quarter ending Mar 2023, a total of 7 analyst(s) estimate revenue growth to $255.28 million.Earnings reports from the last fiscal year show that sales brought in $194.38 million and $206 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 24.60% before jumping 23.90% in the following quarter.

TRUP Dividends

Trupanion Inc. has its next earnings report out between April 26 and May 01. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Trupanion Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Trupanion Inc. (NASDAQ:TRUP)’s Major holders

Trupanion Inc. insiders hold 5.43% of total outstanding shares, with institutional holders owning 107.62% of the shares at 113.80% float percentage. In total, 107.62% institutions holds shares in the company, led by Blackrock Inc. As of Sep 29, 2022, the company held over 5.57 million shares (or 13.63% of shares), all amounting to roughly $331.22 million.

The next major institution holding the largest number of shares is Capital World Investors with 4.02 million shares, or about 9.83% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $238.84 million.

We also have Smallcap World Fund and iShares Core S&P Smallcap ETF as the top two Mutual Funds with the largest holdings of the Trupanion Inc. (TRUP) shares. Going by data provided on Dec 30, 2022, Smallcap World Fund holds roughly 3.27 million shares. This is just over 8.00% of the total shares, with a market valuation of $155.46 million. Data from the same date shows that the other fund manager holds a little less at 2.61 million, or 6.37% of the shares, all valued at about 123.85 million.

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