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How to Buy Trupanion Stock

Trupanion Inc

Trupanion, Inc. , together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Puerto Rico, and Australia.

Trupanion stock last closed at $24.12, up 3.47% from the previous day, and has decreased 22.19% in one year. It has underperformed other stocks in the Insurance - Specialty industry by 0.39 percentage points. Trupanion stock is currently +30.73% from its 52-week low of $18.45, and -36.04% from its 52-week high of $37.71.

As of Apr 26, 2024, there are 41.81M TRUP shares outstanding. The market cap of TRUP is $1.01B. In the last 24 hours, 210,499 TRUP shares were traded.

How to Buy Trupanion Stock

Not sure how to invest in Trupanion stock? Here's how.
  1. Choose where to buy Trupanion stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Trupanion stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your payment method and add your info.
  4. Evaluate Trupanion stock: The Trupanion ticker symbol is TRUP. Is Trupanion stock a good investment? Should you buy shares of TRUP? How do TRUP's underlying business fundamentals look? Do top analysts think Trupanion is a good buy? Why has TRUP's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if TRUP is a good stock to buy).
  5. Execute your TRUP buy order: Decide if you will purchase TRUP shares at the current market price or use a limit order to buy TRUP stock at a particular price.
  6. Get key alerts regarding your investment in TRUP: Create a watchlist to monitor your investment in Trupanion shares.

Step 1: Choose where to buy Trupanion stock

You will need an online brokerage account to access the NASDAQ market and buy TRUP stock.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal details so you are able to invest in TRUP today.

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Step 3: Deposit money your investment account

Now that you've created your account on one of the most highly reviewed stock trading apps, your next step is to transfer the money for your investment:

Check out the video below to see the process of depositing funds into your new investment account.

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Step 4: Evaluate Trupanion stock

After you have identified the best place to buy Trupanion stock, it's crucial to evaluate their stock before you invest, so you actually understand the risk as well as the upside.

Trupanion quick stats

TRUP Price
$24.12
1w %
7.44%
1y %
-22.19%
5y %
-26.55%
P/E
-22.33x
P/B
3.32x
P/S
0.9x
PEG
N/A
Revenue
$1.11B
Earnings
-$44.69M
Fore. Rev. Growth
9.23%
Fore. Earn. Growth
N/A
Market Cap
$1.01B
Next Earnings
Jun 6, 2024
Next Dividend
N/A

Trupanion Overview

WallStreetZen was designed to help everyday investors perform better fundamental analysis.

You can see all of the due diligence checks on TRUP's stock page.

How is TRUP stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TRUP's true value.

Using relative valuations measures:

  • TRUP may be overvalued based on its P/B ratio of 3.32x, relative to Insurance - Specialty industry P/B ratio of 1.53x

You can do more valuation analysis on TRUP's stock here.

A quick look at TRUP Financials

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the TRUP balance sheet.
  • TRUP profit margin has gone up from -4.9% to -4% in the past year.
  • There are more short-term assets than long-term liabilities on the TRUP balance sheet.

Negative Health Checks:

  • Total TRUP debt is higher than 5 years ago, relative to shareholder equity.
  • TRUP earnings of -$32.96M is not enough to cover its interest payments.
  • TRUP has a relatively high debt to equity ratio of 1.58.
  • TRUP's operating cash flow of $18.64M allows it to safely service it's debt of $128.93M.

Is TRUP stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 Wall Street analysts who research TRUP, the consensus analyst rating on TRUP is a Hold

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Trupanion stock forecast page.

TRUP Technical Indicators

SMA10
22.62
SMA20
24.11
SMA50
25.85
SMA100
27.67
SMA200
27.35
MACD
-0.95
MACD Signal
-1.1
MACD Histogram
0.16
RSI
48.11
Stochastic %K
47.86
Stochastic %D
38.59
StochRSI %K
94.46
StochRSI %D
80.7

TRUP Performance Metrics

Last year, TRUP revenue was $1.11B. During the past 5 year, TRUP's revenue has increased by 29.54% per year. This was faster than the Insurance - Specialty industry average of 9.45%.

You can analyze TRUP's earnings and revenue performance here.

Latest Insiders Trades at TRUP

In the last year, insiders at TRUP have sold more shares than they have bought.

Emily Dreyer, SVP Channel Growth of TRUP, was the latest TRUP insider to sell. They sold $2,945.16 worth of TRUP shares on Feb 27, 2024.

Get more info about who owns TRUP stock here.

Does TRUP stock generate passive income?

No, Trupanion doesn't provide an income stream by paying out dividends.

TRUP Social Trading Data

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your TRUP buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, use a limit order.

Click the Open button and eToro will place your order.

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Step 6: Get key alerts regarding your investment in TRUP

Now that you own some TRUP shares, you'll want to keep up with your new investment.

Make a watchlist to get alerted to the latest events about your TRUP stock.

TRUP Feed

How to Buy Stock in Trupanion

To reiterate, here are the 6 steps to buy Trupanion stock:

  1. Choose where to buy Trupanion stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Evaluate Trupanion stock
  5. Execute your TRUP buy order
  6. Get key alerts regarding your investment in TRUP

If you are looking for a place to buy stocks, eToro is our favorite venue.

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If you would like to keep an eye on your investment in Trupanion, get started below.

NASDAQ: TRUP
$24.12+0.81 (+3.47%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: TRUP
$24.12+0.81 (+3.47%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Trupanion share?

As of Apr 26, 2024, it costs $24.12 to buy one share of Trupanion stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.415 shares of TRUP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Trupanion stock?

According to 3 Wall Street analysts who monitor Trupanion, their consensus recommendation is to hold Trupanion stock.

What is the best way to buy Trupanion stock?

One way to place an order for Trupanion stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.