Trupanion (NASDAQ:TRUP) Price Target Cut to $42.00 by Analysts at Stifel Nicolaus

Trupanion (NASDAQ:TRUP) had its price target dropped by Stifel Nicolaus from $45.00 to $42.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a “hold” rating on the financial services provider’s stock. Stifel Nicolaus’ target price suggests a potential upside of 15.58% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on TRUP. Weiss Ratings reiterated a “sell (d+)” rating on shares of Trupanion in a research report on Thursday. Piper Sandler lifted their target price on shares of Trupanion from $62.00 to $67.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Cantor Fitzgerald raised Trupanion to a “hold” rating in a report on Wednesday, August 13th. Finally, Wall Street Zen raised Trupanion from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $54.00.

Trupanion Price Performance

Trupanion stock opened at $36.34 on Tuesday. The business has a 50 day simple moving average of $42.29 and a 200 day simple moving average of $46.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.69. The company has a market capitalization of $1.57 billion, a PE ratio of 139.77 and a beta of 1.82. Trupanion has a one year low of $31.00 and a one year high of $57.88.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings data on Thursday, November 6th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.76). The company had revenue of $366.92 million for the quarter, compared to analyst estimates of $361.58 million. Trupanion had a return on equity of 3.31% and a net margin of 0.81%.The business’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.03 earnings per share. Trupanion has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts forecast that Trupanion will post 0.13 EPS for the current fiscal year.

Insider Activity

In other Trupanion news, Director Darryl Rawlings sold 30,369 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $44.70, for a total value of $1,357,494.30. Following the transaction, the director directly owned 1,413,281 shares in the company, valued at approximately $63,173,660.70. This trade represents a 2.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Margaret Tooth sold 8,884 shares of Trupanion stock in a transaction on Monday, October 27th. The shares were sold at an average price of $43.73, for a total value of $388,497.32. Following the completion of the sale, the chief executive officer directly owned 141,345 shares of the company’s stock, valued at $6,181,016.85. This trade represents a 5.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 70,645 shares of company stock valued at $3,128,119 over the last three months. 5.42% of the stock is owned by insiders.

Hedge Funds Weigh In On Trupanion

Several hedge funds have recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System increased its position in Trupanion by 2.1% in the second quarter. Maryland State Retirement & Pension System now owns 9,933 shares of the financial services provider’s stock worth $550,000 after purchasing an additional 201 shares during the period. Yousif Capital Management LLC boosted its stake in shares of Trupanion by 1.8% in the 2nd quarter. Yousif Capital Management LLC now owns 12,580 shares of the financial services provider’s stock valued at $696,000 after purchasing an additional 226 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Trupanion by 11.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,234 shares of the financial services provider’s stock worth $83,000 after buying an additional 235 shares during the period. Voya Investment Management LLC grew its position in shares of Trupanion by 2.4% during the 3rd quarter. Voya Investment Management LLC now owns 10,379 shares of the financial services provider’s stock worth $449,000 after buying an additional 243 shares during the period. Finally, Bank of Montreal Can raised its stake in shares of Trupanion by 3.5% during the second quarter. Bank of Montreal Can now owns 7,280 shares of the financial services provider’s stock worth $403,000 after buying an additional 245 shares during the last quarter.

About Trupanion

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.