Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
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
After finishing at $236.11 in the prior trading day, Insulet Corporation (NASDAQ: PODD) closed at $237.68, up 0.66%. In other words, the price has increased by $0.66 from its previous closing price. On the day, 0.62 million shares were traded. PODD stock price reached its highest trading level at $239.44 during the session, while it also had its lowest trading level at $232.02.
Ratios:
Our goal is to gain a better understanding of PODD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 87.26. For the most recent quarter (mrq), Quick Ratio is recorded 2.68 and its Current Ratio is at 3.56. In the meantime, Its Debt-to-Equity ratio is 1.40 whereas as Long-Term Debt/Eq ratio is at 1.36.
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 this company, Redburn Atlantic on May 30, 2024, initiated with a Buy rating and assigned the stock a target price of $235.
On May 07, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $200.
Robert W. Baird Upgraded its Neutral to Outperform on December 21, 2023, whereas the target price for the stock was revised from $180 to $238.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 11 ’24 when Hopfield Jessica sold 7,628 shares for $225.26 per share. The transaction valued at 1,718,283 led to the insider holds 26,917 shares of the business.
Scannell Timothy J sold 5,000 shares of PODD for $1,129,200 on Sep 10 ’24. The Director now owns 30,586 shares after completing the transaction at $225.84 per share. On Sep 11 ’24, another insider, Hopfield Jessica, who serves as the Director of the company, bought 7,628 shares for $225.26 each.
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 16665052160 and an Enterprise Value of 17277147136. As of this moment, Insulet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.16, and their Forward P/E ratio for the next fiscal year is 61.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.90 while its Price-to-Book (P/B) ratio in mrq is 16.69. Its current Enterprise Value per Revenue stands at 9.226 whereas that against EBITDA is 47.465.
Stock Price History:
Over the past 52 weeks, PODD has reached a high of $243.98, while it has fallen to a 52-week low of $125.82. The 50-Day Moving Average of the stock is 18.01%, while the 200-Day Moving Average is calculated to be 24.79%.
Shares Statistics:
The stock has traded on average 748.86K shares per day over the past 3-months and 739790 shares per day over the last 10 days, according to various share statistics. A total of 69.91M shares are outstanding, with a floating share count of 69.64M. Insiders hold about 0.67% of the company’s shares, while institutions hold 100.66% stake in the company. Shares short for PODD as of 1724976000 were 2917693 with a Short Ratio of 3.90, compared to 1722384000 on 2705300. Therefore, it implies a Short% of Shares Outstanding of 2917693 and a Short% of Float of 5.56.
