Trupanion Inc (TRUP) was Reiterated by Barclays to “Equal Weight” according to the research note released today. The brokerage firm has raised the Price Target to $ 14 from a previous price target of $9 . Barclays advised their investors in a research report released on May 9, 2016.
Many Wall Street Analysts have commented on Trupanion Inc. Company shares were Reiterated by RBC Capital Mkts on May 6, 2016 to “Outperform”, Firm has raised the Price Target to $ 14 from a previous price target of $12 .Company shares were Reiterated by Stifel on May 4, 2016 to “Buy”, Firm has raised the Price Target to $ 17 from a previous price target of $16 .
On the company’s financial health, Trupanion Inc reported $-0.09 EPS for the quarter, based on the information available during the earnings call on May 5, 2016. Analyst had a consensus estimate of $-0.09. The company had revenue of $42.70 million for the quarter, compared to analysts expectations of $41.74 million. The company’s revenue was up 28.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.18 EPS.
Trupanion Inc opened for trading at $13.12 and hit $14.885 on the upside on Friday, eventually ending the session at $14.4, with a gain of 12.94% or 1.65 points. The heightened volatility saw the trading volume jump to 4,99,203 shares. Company has a market cap of $409 M.
In a different news, on May 4, 2016, Darryl Rawlings (President and CEO) sold 3,500 shares at $12.64 per share price. According to the SEC, on Feb 24, 2016, Robin A Ferracone (director) purchased 8,000 shares at $9.35 per share price. On Feb 24, 2016, Craig Susen (Chief Technology Officer) sold 32,752 shares at $8.98 per share price, according to the Form-4 filing with the securities and exchange commission.
Trupanion Inc. is a direct-to-consumer monthly subscription service company engaged in providing a medical insurance plan for cats and dogs across the United States Canada and Puerto Rico. The Company operates through two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions related to medical insurance plan for cats and dogs. The other business segment includes other operations such as writing of policies for an unaffiliated general agent and policies written under a federal Government program.