Insulet Corporation (NASDAQ: PODD) has a price-to-earnings ratio that is above its average at 44.12x. The stock has a 36-month beta value of 1.20. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 6 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for PODD is 69.66M, and at present, short sellers hold a 4.08% of that float. On November 15, 2024, the average trading volume of PODD was 628.60K shares.
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PODD) stock’s latest price update
The stock of Insulet Corporation (NASDAQ: PODD) has decreased by -0.64 when compared to last closing price of 261.16. Despite this, the company has experienced a -3.18% fall in its stock price over the last five trading sessions. businesswire.com reported 2024-11-15 that ACTON, Mass.–(BUSINESS WIRE)–Insulet Corporation (NASDAQ: PODD) (Insulet), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced that management will present at three upcoming investor conferences (all Eastern Time): The 6th Annual Wolfe Research Healthcare Conference in New York City on Wednesday, November 20, 2024 at 12:00 p.m. The Nasdaq 51st Investor Conference in London on Tuesday, December 10, 2024 at 5:30 a.m. The J.P. Morgan 43rd An.
PODD’s Market Performance
PODD’s stock has fallen by -3.18% in the past week, with a monthly rise of 13.25% and a quarterly rise of 32.44%. The volatility ratio for the week is 4.42% while the volatility levels for the last 30 days are 3.08% for Insulet Corporation The simple moving average for the past 20 days is 5.61% for PODD’s stock, with a 31.02% simple moving average for the past 200 days.
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 9.14% 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 unable to rebound, for now settling with -7.13% of loss for the given period.
Volatility was left at 3.08%, however, over the last 30 days, the volatility rate increased by 4.42%, as shares surge +9.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.31% upper at present.
During the last 5 trading sessions, PODD fell by -3.59%, which changed the moving average for the period of 200-days by +32.23% in comparison to the 20-day moving average, which settled at $245.65. In addition, Insulet Corporation saw 19.59% 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 BORIO LUCIANA, who sale 508 shares at the price of $274.80 back on Nov 12 ’24. After this action, BORIO LUCIANA now owns 2,790 shares of Insulet Corporation, valued at $139,598 using the latest closing price.
BORIO LUCIANA, the Director of Insulet Corporation, proposed sale 508 shares at $274.81 during a trade that took place back on Nov 12 ’24, which means that BORIO LUCIANA is holding shares at $139,602 based on the most recent closing price.
Stock Fundamentals for PODD
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.76 for the gross margin
The net margin for Insulet Corporation stands at 0.23. The total capital return value is set at 0.13. Equity return is now at value 48.79, with 15.32 for asset returns.
Based on Insulet Corporation (PODD), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 1.25. The interest coverage ratio of the stock is 7.95.
Currently, EBITDA for the company is 323.6 million with net debt to EBITDA at 1.16. When we switch over and look at the enterprise to sales, we see a ratio of 10.33. The receivables turnover for the company is 6.93for trailing twelve months and the total asset turnover is 0.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.64.
Conclusion
To sum up, Insulet Corporation (PODD) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
