In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Insulet Corporation (NASDAQ: PODD) closed at $167.27 up 1.73% from its previous closing price of $164.42. In other words, the price has increased by $1.73 from its previous closing price. On the day, 0.55 million shares were traded. PODD stock price reached its highest trading level at $168.8199 during the session, while it also had its lowest trading level at $164.61.
Ratios:
For a deeper understanding of Insulet Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 167.80. For the most recent quarter (mrq), Quick Ratio is recorded 2.58 and its Current Ratio is at 3.47. In the meantime, Its Debt-to-Equity ratio is 1.98 whereas as Long-Term Debt/Eq ratio is at 1.91.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on December 21, 2023, Upgraded its rating to Outperform and sets its target price to $238 from $180 previously.
On December 04, 2023, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $185 to $234.
Jefferies Upgraded its Hold to Buy on October 02, 2023, whereas the target price for the stock was revised from $260 to $240.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 28 ’24 when Petrovic Shacey sold 11,609 shares for $162.92 per share. The transaction valued at 1,891,338 led to the insider holds 2,567 shares of the business.
BORIO LUCIANA sold 72 shares of PODD for $14,910 on Dec 15 ’23. The Director now owns 2,278 shares after completing the transaction at $207.08 per share. On Nov 13 ’23, another insider, Petrovic Shacey, who serves as the Director of the company, sold 20,000 shares for $164.33 each. As a result, the insider received 3,286,600 and left with 2,567 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PODD now has a Market Capitalization of 11712663552 and an Enterprise Value of 12241788928. As of this moment, Insulet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.44, and their Forward P/E ratio for the next fiscal year is 43.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.90 while its Price-to-Book (P/B) ratio in mrq is 15.96. Its current Enterprise Value per Revenue stands at 7.213 whereas that against EBITDA is 39.669.
Stock Price History:
Over the past 52 weeks, PODD has reached a high of $335.91, while it has fallen to a 52-week low of $125.82. The 50-Day Moving Average of the stock is -3.79%, while the 200-Day Moving Average is calculated to be -12.33%.
Shares Statistics:
For the past three months, PODD has traded an average of 863.39K shares per day and 689680 over the past ten days. A total of 69.91M shares are outstanding, with a floating share count of 69.47M. Insiders hold about 0.78% of the company’s shares, while institutions hold 102.90% stake in the company. Shares short for PODD as of 1711584000 were 3115667 with a Short Ratio of 3.61, compared to 1709164800 on 2678460. Therefore, it implies a Short% of Shares Outstanding of 3115667 and a Short% of Float of 5.2600004.
