Trupanion Inc (NASDAQ:TRUP) price on Friday, March 21, rose 0.60% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $37.00.
A look at the stock’s price movement, the close in the last trading session was $36.78, moving within a range at $36.08 and $37.34. The beta value (5-Year monthly) was 1.7. Turning to its 52-week performance, $57.90 and $19.69 were the 52-week high and 52-week low respectively. Overall, TRUP moved 4.52% over the past month.
Trupanion Inc’s market cap currently stands at around $1.57 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-18.
Analysts have a consensus estimate of 337.76M for the company’s revenue for the quarter, with a low and high estimate of 335.8M and 339.25M respectively. The average forecast suggests up to a 10.34% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.38B, representing a 7.21% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TRUP is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 4 recommend TRUP as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
TRUP’s current price about 7.80% and -10.85% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.70, while 7-day volatility ratio is 4.44% and 5.84% in the 30-day chart. Further, Trupanion Inc (TRUP) has a beta value of 1.69, and an average true range (ATR) of 2.07. Analysts have given the company’s stock an average 52-week price target of $50, forecast between a low of $40 and high of $57. Looking at the price targets, the low is -8.11% off current price level while to achieve the yearly target high, price needs to move -54.05%. Nonetheless, investors will most likely welcome a -35.14% jump to $50 which is the analysts’ median price.
If we refocus on Trupanion Inc (NASDAQ:TRUP), historical trading data shows that trading volumes averaged 0.59 over the past 10 days and 643.04K over the past 3 months. The company’s latest data on shares outstanding shows there are 42.49 million shares.
The 29.24% of Trupanion Inc’s shares are in the hands of company insiders while institutional holders own 83.45% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.25 million on 2025-02-28, giving us a short ratio of 11.67. The data shows that as of 2025-02-28 short interest in Trupanion Inc (TRUP) stood at 2397.9999 of shares outstanding, with shares short falling to 9.04 million registered in 2025-01-31. Current price change has pushed the stock -23.24% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TRUP stock continues to rise going into the next quarter.
