The stock of Insulet Corporation (NASDAQ: PODD) has increased by 5.09 when compared to last closing price of 256.56. Despite this, the company has experienced a 0.10% gain in its stock price over the last five trading sessions. zacks.com reported 2024-12-13 that Whether you’re a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Is It Worth Investing in Insulet Corporation (NASDAQ: PODD) Right Now?
Insulet Corporation (NASDAQ: PODD) has a higher price-to-earnings ratio of 45.85x compared to its average ratio, The 36-month beta value for PODD is at 1.22. Analysts have varying views on the stock, with 14 analysts rating it as a “buy,” 5 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for PODD is 69.75M, and currently, shorts hold a 4.37% of that float. The average trading volume for PODD on December 20, 2024 was 559.32K shares.
PODD’s Market Performance
PODD’s stock has seen a 0.10% increase for the week, with a 1.14% rise in the past month and a 12.82% gain in the past quarter. The volatility ratio for the week is 2.39%, and the volatility levels for the past 30 days are at 2.38% for Insulet Corporation The simple moving average for the last 20 days is 1.09% for PODD stock, with a simple moving average of 29.63% for the last 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 6.21% 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 -3.63% of loss for the given period.
Volatility was left at 2.38%, however, over the last 30 days, the volatility rate increased by 2.39%, as shares surge +2.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.89% upper at present.
During the last 5 trading sessions, PODD fell by -0.52%, which changed the moving average for the period of 200-days by +52.68% in comparison to the 20-day moving average, which settled at $266.61. In addition, Insulet Corporation saw 24.26% 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 Benjamin Eric, who sale 4,362 shares at the price of $267.60 back on Dec 16 ’24. After this action, Benjamin Eric now owns 18,702 shares of Insulet Corporation, valued at $1,167,271 using the latest closing price.
Benjamin Eric, the Officer of Insulet Corporation, proposed sale 4,362 shares at $267.60 during a trade that took place back on Dec 16 ’24, which means that Benjamin Eric is holding shares at $1,167,271 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 10.66. 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 had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
