The -13.88% Decline of Insulet Corporation’s (PODD) Stock in the Past Quarter

In the past week, PODD stock has gone up by 13.37%, with a monthly gain of 15.53% and a quarterly surge of 42.04%. The volatility ratio for the week is 3.67%, and the volatility levels for the last 30 days are 2.47% for Insulet Corporation The simple moving average for the past 20 days is 12.90% for PODD’s stock, with a 36.13% simple moving average for the past 200 days.

Is It Worth Investing in Insulet Corporation (NASDAQ: PODD) Right Now?

The price-to-earnings ratio for Insulet Corporation (NASDAQ: PODD) is above average at 48.51x, Company’s 36-month beta value is 1.19.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 6 as “overweight,” 7 as “hold,” and 0 as “sell.”

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The public float for PODD is 69.66M, and currently, short sellers hold a 3.97% ratio of that floaft. The average trading volume of PODD on November 08, 2024 was 644.11K shares.

PODD) stock’s latest price update

Insulet Corporation (NASDAQ: PODD)’s stock price has soared by 9.03 in relation to previous closing price of 244.98. Nevertheless, the company has seen a gain of 13.37% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-07 that Insulet Corporation (PODD) Q3 2024 Earnings Call Transcript

Analysts’ Opinion of PODD

Many brokerage firms have already submitted their reports for PODD stocks, with Bernstein repeating the rating for PODD by listing it as a “Outperform.” The predicted price for PODD in the upcoming period, according to Bernstein is $300 based on the research report published on November 06, 2024 of the current year 2024.

Redburn Atlantic, on the other hand, stated in their research note that they expect to see PODD reach a price target of $235. The rating they have provided for PODD stocks is “Buy” according to the report published on May 30th, 2024.

Wolfe Research gave a rating of “Outperform” to PODD, setting the target price at $200 in the report published on May 07th of the current year.

PODD Trading at 15.14% from the 50-Day Moving Average

After a stumble in the market that brought PODD to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 7.47% of gains for the given period.

Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 3.67%, as shares surge +15.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.24% upper at present.

During the last 5 trading sessions, PODD rose by +14.27%, which changed the moving average for the period of 200-days by +35.52% in comparison to the 20-day moving average, which settled at $236.69. In addition, Insulet Corporation saw 23.10% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PODD starting from Hopfield Jessica, who sale 7,628 shares at the price of $225.26 back on Sep 11 ’24. After this action, Hopfield Jessica now owns 26,917 shares of Insulet Corporation, valued at $1,718,283 using the latest closing price.

Scannell Timothy J, the Director of Insulet Corporation, sale 5,000 shares at $225.84 during a trade that took place back on Sep 10 ’24, which means that Scannell Timothy J is holding 30,586 shares at $1,129,200 based on the most recent closing price.

Stock Fundamentals for PODD

Current profitability levels for the company are sitting at:

  • 0.15 for the present operating margin
  • 0.69 for the gross margin

The net margin for Insulet Corporation stands at 0.21. The total capital return value is set at 0.12. Equity return is now at value 50.93, with 15.01 for asset returns.

Based on Insulet Corporation (PODD), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 1.4. The interest coverage ratio of the stock is -14.65.

Currently, EBITDA for the company is 220.0 million with net debt to EBITDA at 2.9. When we switch over and look at the enterprise to sales, we see a ratio of 10.46. The receivables turnover for the company is 5.37for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.56.

Conclusion

In a nutshell, Insulet Corporation (PODD) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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