Trupanion Inc (NASDAQ: TRUP)’s stock price has gone rise by 13.40 in comparison to its previous close of 19.85, however, the company has experienced a -6.21% decrease in its stock price over the last five trading days. Seeking Alpha reported 2024-05-02 that Trupanion, Inc. (NASDAQ:TRUP ) Q1 2024 Earnings Conference Call May 1, 2024 4:30 PM ET Company Participants Laura Bainbridge – SVP, Corporate Communications Darryl Rawlings – Founder, Chair and CEO Margi Tooth – President Fawwad Qureshi – CFO Conference Call Participants Jian Li – Evercore ISI Josh Shanker – Bank of America Maria Ripps – Canaccord Genuity Jon Block – Stifel John Barnidge – Piper Sandler Katie Sacchi – Autonomous research Wilma Burdis – Raymond James Operator Good day, everyone, and welcome to the Trupanion First Quarter 2024 Earnings Call. All participants will be in a listen-only mode.
Is It Worth Investing in Trupanion Inc (NASDAQ: TRUP) Right Now?
The 36-month beta value for TRUP is also noteworthy at 1.76. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for TRUP is 30.97M, and at present, short sellers hold a 41.04% of that float. The average trading volume of TRUP on May 07, 2024 was 722.44K shares.
TRUP’s Market Performance
TRUP stock saw a decrease of -6.21% in the past week, with a monthly decline of -13.75% and a quarterly a decrease of -17.33%. The volatility ratio for the week is 12.65%, and the volatility levels for the last 30 days are 6.95% for Trupanion Inc (TRUP). The simple moving average for the past 20 days is -3.00% for TRUP’s stock, with a -17.43% simple moving average for the past 200 days.
Analysts’ Opinion of TRUP
Many brokerage firms have already submitted their reports for TRUP stocks, with BofA Securities repeating the rating for TRUP by listing it as a “Neutral.” The predicted price for TRUP in the upcoming period, according to BofA Securities is $32 based on the research report published on May 08, 2023 of the previous year 2023.
Jefferies, on the other hand, stated in their research note that they expect to see TRUP reach a price target of $77. The rating they have provided for TRUP stocks is “Buy” according to the report published on September 21st, 2022.
Piper Sandler gave a rating of “Neutral” to TRUP, setting the target price at $69 in the report published on August 04th of the previous year.
TRUP Trading at -11.78% from the 50-Day Moving Average
After a stumble in the market that brought TRUP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.86% of loss for the given period.
Volatility was left at 6.95%, however, over the last 30 days, the volatility rate increased by 12.65%, as shares sank -13.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.13% lower at present.
During the last 5 trading sessions, TRUP fell by -6.21%, which changed the moving average for the period of 200-days by -10.67% in comparison to the 20-day moving average, which settled at $23.04. In addition, Trupanion Inc saw -26.22% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TRUP starting from WEINRAUCH STEVE, who sale 10,170 shares at the price of $26.11 back on Nov 30 ’23. After this action, WEINRAUCH STEVE now owns 32,651 shares of Trupanion Inc, valued at $265,518 using the latest closing price.
HEWITT MELISSA JOY, the General Manager of Trupanion Inc, sale 1,213 shares at $26.27 during a trade that took place back on Nov 30 ’23, which means that HEWITT MELISSA JOY is holding 4,999 shares at $31,866 based on the most recent closing price.
Stock Fundamentals for TRUP
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.12 for the gross margin
The net margin for Trupanion Inc stands at -0.02. The total capital return value is set at -0.05. Equity return is now at value -8.95, with -3.55 for asset returns.
Based on Trupanion Inc (TRUP), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is -1.67.
Currently, EBITDA for the company is -20.48 million with net debt to EBITDA at 28.84. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 4.16for trailing twelve months and the total asset turnover is 1.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
In summary, Trupanion Inc (TRUP) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
