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The closing price of Insulet Corporation (NASDAQ: PODD) was $194.35 for the day, up 0.29% from the previous closing price of $193.79. In other words, the price has increased by $0.29 from its previous closing price. On the day, 0.75 million shares were traded. PODD stock price reached its highest trading level at $197.12 during the session, while it also had its lowest trading level at $191.1.
Ratios:
Our analysis of PODD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 93.68. For the most recent quarter (mrq), Quick Ratio is recorded 2.71 and its Current Ratio is at 3.70. In the meantime, Its Debt-to-Equity ratio is 1.77 whereas as Long-Term Debt/Eq ratio is at 1.72.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 14 ’24 when Field Mark N sold 1,500 shares for $199.96 per share. The transaction valued at 299,940 led to the insider holds 12,875 shares of the business.
Scannell Timothy J sold 7,000 shares of PODD for $1,333,570 on Jun 10 ’24. The Director now owns 35,586 shares after completing the transaction at $190.51 per share. On Jun 10 ’24, another insider, Field Mark N, who serves as the SVP & Chief Technology Officer of the company, sold 2,131 shares for $190.43 each. As a result, the insider received 405,806 and left with 14,375 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 13612178432 and an Enterprise Value of 14223256576. As of this moment, Insulet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.78, and their Forward P/E ratio for the next fiscal year is 51.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.64 while its Price-to-Book (P/B) ratio in mrq is 17.21. Its current Enterprise Value per Revenue stands at 7.987 whereas that against EBITDA is 41.907.
Stock Price History:
Over the past 52 weeks, PODD has reached a high of $281.83, while it has fallen to a 52-week low of $125.82. The 50-Day Moving Average of the stock is 0.58%, while the 200-Day Moving Average is calculated to be 6.57%.
Shares Statistics:
PODD traded an average of 813.60K shares per day over the past three months and 698700 shares per day over the past ten days. A total of 69.91M shares are outstanding, with a floating share count of 69.40M. Insiders hold about 0.91% of the company’s shares, while institutions hold 101.74% stake in the company. Shares short for PODD as of 1721001600 were 2965615 with a Short Ratio of 3.65, compared to 1718323200 on 2710513. Therefore, it implies a Short% of Shares Outstanding of 2965615 and a Short% of Float of 5.6599997.
