Trupanion Inc (NASDAQ:TRUP): Buy, Sell Or Hold At $23.38?

In last trading session, Trupanion Inc (NASDAQ:TRUP) saw 0.37 million shares changing hands with its beta currently measuring 1.73. Company’s recent per share price level of $23.38 trading at -$1.22 or -4.96% at ring of the bell on the day assigns it a market valuation of $977.52M. That closing price of TRUP’s stock is at a discount of -94.61% from its 52-week high price of $45.50 and is indicating a premium of 21.09% from its 52-week low price of $18.45. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.51 million shares which gives us an average trading volume of 703.91K if we extend that period to 3-months.

Trupanion Inc (NASDAQ:TRUP) trade information

Upright in the red during last session for losing -4.96%, in the last five days TRUP remained trading in the red while hitting it’s week-highest on Monday, 04/08/24 when the stock touched $23.38 price level, adding 12.34% to its value on the day. Trupanion Inc’s shares saw a change of -23.37% in year-to-date performance and have moved -10.42% in past 5-day. Trupanion Inc (NASDAQ:TRUP) showed a performance of -19.88% in past 30-days. Number of shares sold short was 12.83 million shares which calculate 21.24 days to cover the short interests.

Trupanion Inc (TRUP) estimates and forecasts

Statistics highlight that Trupanion Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -12.60% of value to its shares in past 6 months, showing an annual growth rate of 60.19% while that of industry is 10.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 66.70% in the current quarter and calculating 54.50% increase in the next quarter. This year revenue growth is estimated to rise 13.40% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $300.51 million for the same. And 7 analysts are in estimates of company making revenue of $308.41 million in the next quarter that will end on Jun 2024. Company posted $251.67 million and $262.82 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 19.40% while estimating it to be 17.30% for the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -106.11% during past 5 years.

TRUP Dividends

Trupanion Inc is more likely to be releasing its next quarterly report between May 02 and May 06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Trupanion Inc (NASDAQ:TRUP)’s Major holders

Insiders are in possession of 10.52% of company’s total shares while institution are holding 112.67 percent of that, with stock having share float percentage of 125.92%. Investors also watch the number of corporate investors in a company very closely, which is 112.67% institutions for Trupanion Inc that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at TRUP for having 5.57 million shares of worth $109.58 million. And as of Jun 29, 2023, it was holding 13.45% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group Inc, which was holding about 4.03 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 9.74% of outstanding shares, having a total worth of $79.4 million.

On the other hand, Smallcap World Fund and iShares Core S&P Smallcap ETF are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 3.3 million shares of worth $64.89 million or 7.96% of the total outstanding shares. The later fund manager was in possession of 2.4 million shares on Sep 29, 2023, making its stake of worth around $67.74 million in the company or a holder of 5.80% of company’s stock.