Insulet Corporation (NASDAQ: PODD) has a price-to-earnings ratio of 44.55x that is above its average ratio. Additionally, the 36-month beta value for PODD is 1.20. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 6 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for PODD is 69.75M and currently, short sellers hold a 4.07% ratio of that float. The average trading volume of PODD on November 22, 2024 was 624.81K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
PODD) stock’s latest price update
The stock price of Insulet Corporation (NASDAQ: PODD) has dropped by -1.72 compared to previous close of 266.58. Despite this, the company has seen a gain of 0.32% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-20 that Insulet’s stock has surged over 50% in six months due to strong Q3 earnings and expanded market potential with Omnipod 5’s approval for Type 2 diabetes. Despite impressive growth, high market expectations and potential competition from giants like Medtronic and Abbott pose significant risks to Insulet’s future performance. The company’s financials are robust, with rising revenues, margins, and a strong cash position, but the stock’s high valuation demands continued exceptional growth.
PODD’s Market Performance
PODD’s stock has risen by 0.32% in the past week, with a monthly rise of 11.57% and a quarterly rise of 41.59%. The volatility ratio for the week is 2.25% while the volatility levels for the last 30 days are 3.11% for Insulet Corporation The simple moving average for the past 20 days is 4.37% for PODD’s stock, with a 31.41% 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 8.84% 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 -6.23% of loss for the given period.
Volatility was left at 3.11%, however, over the last 30 days, the volatility rate increased by 2.25%, as shares surge +10.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.69% upper at present.
During the last 5 trading sessions, PODD rose by +0.32%, which changed the moving average for the period of 200-days by +31.82% in comparison to the 20-day moving average, which settled at $251.03. In addition, Insulet Corporation saw 20.75% 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 10.41. 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
In conclusion, Insulet Corporation (PODD) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
