Insulet Corporation [PODD] stock is trading at $202.77, down -1.16%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PODD shares have gain 9.58% over the last week, with a monthly amount glided 2.80%, and seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Insulet Corporation [NASDAQ: PODD] stock has seen the most recent analyst activity on May 30, 2024, when Redburn Atlantic initiated its Buy rating and assigned the stock a price target of $235. Previously, Wolfe Research upgraded its rating to Outperform on May 07, 2024, and kept the price target unchanged to $200. On December 21, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $238 on the stock. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $234 on December 04, 2023. Jefferies upgraded its rating to a Buy and reduced its price target to $240 on October 02, 2023. Citigroup upgraded its rating to Buy for this stock on August 21, 2023, and downed its price target to $265. In a note dated August 21, 2023, Robert W. Baird downgraded an Neutral rating on this stock and revised its target price from $320 to $219.
Insulet Corporation [PODD] stock has fluctuated between $125.82 and $223.56 over the past year. Currently, Wall Street analysts expect the stock to reach $268.6 within the next 12 months. Insulet Corporation [NASDAQ: PODD] shares were valued at $202.77 at the most recent close of the market. An investor can expect a potential return of 32.47% based on the average PODD price forecast.
Analyzing the PODD fundamentals
Insulet Corporation [NASDAQ:PODD] reported sales of 1.87B for the trailing twelve months, which represents a growth of 23.20%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.51 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 199.54 points at the first support level, and at 196.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 207.61, and for the 2nd resistance point, it is at 212.45.
Ratios To Look Out For
For context, Insulet Corporation’s Current Ratio is 3.56. In addition, the Quick Ratio stands at 2.68 and the Cash Ratio stands at 1.47. Considering the valuation of this stock, the price to sales ratio is 7.59, the price to book ratio is 14.24 and price to earnings (TTM) ratio is 36.82.
Transactions by insiders
Recent insider trading involved Singh Prem, Officer, that happened on Aug 30 ’24 when 1824.0 shares were purchased. EVP, CFO & Treasurer, Chadwick Ana Maria completed a deal on Aug 29 ’24 to buy 100.0 shares. Meanwhile, SVP & Chief Technology Officer Field Mark N sold 1387.0 shares on Aug 28 ’24.
