Trupanion: Great Business, But It Is Time To Cash Out (Rating Downgrade) [Seeking Alpha]
Trupanion, Inc. (TRUP)
Last trupanion, inc. earnings: 4/30 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.trupanion.com
Company Research
Source: Seeking Alpha
Summary Trupanion's stock surged over 60% since my June 2024 buy rating. Trupanion's Q2 results show strong revenue and subscription growth, with free cash flow turning positive, indicating a sustainable business model. Price hikes are essential due to rising veterinary costs and increasing anxiety claims in pets, which could impact long-term profitability if not managed. Shares are no longer a buy, and I reiterate my $40 price target with a hold rating now. alfexe Thesis Recap On June 2024, I wrote a buy thesis on Trupanion ( NASDAQ: TRUP ), arguing the company was pursuing a growth first, profitability later strategy and therefore its past did not accurately represent its true value potential for investors. Since then, the stock is up over 60%, and the thesis has largely played out much faster than I thought it would. Therefore, I am no longer bullish and want to change my buy rating to a hold, as my price target has already been reached. Raising Prices Is Key The
Show less
Read more
Impact Snapshot
Event Time:
TRUP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRUP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRUP alerts
High impacting Trupanion, Inc. news events
Weekly update
A roundup of the hottest topics
TRUP
News
- “Lexi” Pushes Trupanion Past $3 Billion, Helping over 2.4 Million Pets and Counting [Yahoo! Finance]Yahoo! Finance
- “Lexi” Pushes Trupanion Past $3 Billion, Helping over 2.4 Million Pets and CountingGlobeNewswire
- Is pet insurance too expensive? [CBS News]CBS News
- Trupanion Connects Families and Shelter Pets Just in Time for National Animal Shelter Appreciation WeekGlobeNewswire
- Pet Insurance Market is projected to grow at a CAGR of 16.45% from 2025 to 2032 - Exactitude Consultancy [Yahoo! Finance]Yahoo! Finance
TRUP
Earnings
- 10/30/24 - Beat
TRUP
Analyst Actions
- 9/23/24 - Stifel
TRUP
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/20/24 - Form 144
- TRUP's page on the SEC website