Trupanion Inc (NASDAQ:TRUP) price on Friday, December 27, fall -2.34% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $49.73.
A look at the stock’s price movement, the close in the last trading session was $50.92, moving within a range at $48.74 and $50.93. The beta value (5-Year monthly) was 1.695. Turning to its 52-week performance, $57.90 and $19.69 were the 52-week high and 52-week low respectively. Overall, TRUP moved -8.50% over the past month.
Trupanion Inc’s market cap currently stands at around $2.11 billion, with investors looking forward to this quarter’s earnings report slated for in January.
Analysts have a consensus estimate of 335.45M for the company’s revenue for the quarter, with a low and high estimate of 333M and 338.36M respectively. The average forecast suggests up to a 13.38% 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 1.28B, representing a 15.80% 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 Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy 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 -5.51% and -5.76% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.92, while 7-day volatility ratio is 4.54% and 5.75% in the 30-day chart. Further, Trupanion Inc (TRUP) has a beta value of 1.60, and an average true range (ATR) of 2.87. 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 19.57% off current price level while to achieve the yearly target high, price needs to move -14.62%. Nonetheless, investors will most likely welcome a -0.54% 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 0.48 over the past 10 days and 575.38K over the past 3 months. The company’s latest data on shares outstanding shows there are 42.34 million shares.
The 29.14% of Trupanion Inc’s shares are in the hands of company insiders while institutional holders own 86.95% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.64 million on 2024-11-29, giving us a short ratio of 13.8. The data shows that as of 2024-11-29 short interest in Trupanion Inc (TRUP) stood at 2522.0 of shares outstanding, with shares short falling to 8.64 million registered in 2024-10-31. Current price change has pushed the stock 63.00% 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.
