Trupanion Second Quarter 2024 Earnings Beats Expectations
| TRUP Stock | USD 44.27 0.21 0.48% |
Slightly above 53% of Trupanion's investor base is interested to short. The analysis of the overall prospects from investing in Trupanion suggests that many traders are, at the present time, impartial. Trupanion's investing sentiment overview a quick insight into current market opportunities from investing in Trupanion. Many technical investors use Trupanion stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Trupanion | Build AI portfolio with Trupanion Stock |
Trupanion Second Quarter 2024 Results Key Financial Results Revenue US314.8m up 16 percent from 2Q 2023...
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Trupanion Fundamental Analysis
We analyze Trupanion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trupanion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trupanion based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Trupanion is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Trupanion Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Trupanion stock to make a market-neutral strategy. Peer analysis of Trupanion could also be used in its relative valuation, which is a method of valuing Trupanion by comparing valuation metrics with similar companies.
Peers
Trupanion Related Equities
| AMBC | Ambac Financial | 2.24 | ||||
| EIG | Employers Holdings | 0.61 | ||||
| AIZ | Assurant | 0.43 | ||||
| MTG | MGIC Investment | 0.27 | ||||
| ESNT | Essent | 0.32 | ||||
| AMSF | AMERISAFE | 0.46 | ||||
| ACT | Enact Holdings | 0.88 | ||||
| NMIH | NMI Holdings | 1.07 | ||||
| FAF | First American | 1.16 | ||||
| AGO | Assured Guaranty | 1.19 | ||||
| JRVR | James River | 1.89 | ||||
| ITIC | Investors Title | 1.92 | ||||
| TRRSF | Trisura | 3.24 |
Additional Tools for Trupanion Stock Analysis
When running Trupanion's price analysis, check to measure Trupanion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trupanion is operating at the current time. Most of Trupanion's value examination focuses on studying past and present price action to predict the probability of Trupanion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trupanion's price. Additionally, you may evaluate how the addition of Trupanion to your portfolios can decrease your overall portfolio volatility.