Now Is A Good Time To Buy Trupanion Inc (NASDAQ: TRUP)

During the last session, Trupanion Inc (NASDAQ:TRUP)’s traded shares were 0.44 million, with the beta value of the company hitting 1.73. At the end of the trading day, the stock’s price was $49.03, reflecting an intraday gain of 4.19% or $1.97. The 52-week high for the TRUP share is $49.14, that puts it down -0.22 from that peak though still a striking 60.96% gain since the share price plummeted to a 52-week low of $19.14. The company’s market capitalization is $2.07B, and the average intraday trading volume over the past 10 days was 0.47 million shares, and the average trade volume was 645.03K shares over the past three months.

Trupanion Inc (TRUP) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.33. TRUP has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.06.

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Trupanion Inc (NASDAQ:TRUP) trade information

Trupanion Inc (TRUP) registered a 4.19% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.19% in intraday trading to $49.03, hitting a weekly high. The stock’s 5-day price performance is 14.45%, and it has moved by 10.01% in 30 days. Based on these gigs, the overall price performance for the year is 83.29%. The short interest in Trupanion Inc (NASDAQ:TRUP) is 10.4 million shares and it means that shorts have 17.91 day(s) to cover.

The consensus price target of analysts on Wall Street is $45, which implies a decrease of -8.96% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $30 and $56 respectively. As a result, TRUP is trading at a discount of -14.22% off the target high and 38.81% off the low.

Trupanion Inc (TRUP) estimates and forecasts

Statistics show that Trupanion Inc has outperformed its competitors in share price, compared to the industry in which it operates. Trupanion Inc (TRUP) shares have gone up 109.71% during the last six months, with a year-to-date growth rate more than the industry average at 68.52% against 13.20. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 40.00% this quarter and then jump 160.00% in the quarter after that. In the rating firms’ projections, revenue will increase 14.80% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 321.8M as predicted by 7 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 329.28M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 285.85M and 295.86M respectively. In this case, analysts expect current quarter sales to grow by 12.60% and then jump by 11.30% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -106.11%. While earnings are projected to return 71.71% in 2024, the next five years will return 39.30% per annum.

TRUP Dividends

Trupanion Inc is due to release its next quarterly earnings on 2024-Oct-31. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Trupanion Inc (NASDAQ:TRUP)’s Major holders

Trupanion Inc insiders own 13.95% of total outstanding shares while institutional holders control 105.12%, with the float percentage being 122.16%. BLACKROCK INC. is the largest shareholder of the company, while 269.0 institutions own stock in it. As of 2024-06-30, the company held over 5.45 million shares (or 13.0078% of all shares), a total value of $160.3 million in shares.

The next largest institutional holding, with 4.02 million shares, is of CAPITAL WORLD INVESTORS’s that is approximately 9.5914% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $118.2 million.