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As of close of business last night, Insulet Corporation’s stock clocked out at $177.53, up 1.12% from its previous closing price of $175.57. In other words, the price has increased by $1.12 from its previous closing price. On the day, 1.76 million shares were traded. PODD stock price reached its highest trading level at $179.04 during the session, while it also had its lowest trading level at $175.78.
Ratios:
To gain a deeper understanding of PODD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 178.09. 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.
On December 21, 2023, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $180 to $238.
Morgan Stanley Upgraded its Equal-Weight to Overweight on December 04, 2023, whereas the target price for the stock was revised from $185 to $234.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 12431093760 and an Enterprise Value of 13021460480. As of this moment, Insulet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 60.96, and their Forward P/E ratio for the next fiscal year is 45.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.32 while its Price-to-Book (P/B) ratio in mrq is 16.94. Its current Enterprise Value per Revenue stands at 7.673 whereas that against EBITDA is 42.195.
Stock Price History:
Over the past 52 weeks, PODD has reached a high of $331.65, while it has fallen to a 52-week low of $125.82. The 50-Day Moving Average of the stock is 4.33%, while the 200-Day Moving Average is calculated to be -3.54%.
Shares Statistics:
It appears that PODD traded 864.68K shares on average per day over the past three months and 737300 shares per day over the past ten days. A total of 69.91M shares are outstanding, with a floating share count of 69.57M. Insiders hold about 0.64% of the company’s shares, while institutions hold 102.70% stake in the company. Shares short for PODD as of 1713139200 were 2855379 with a Short Ratio of 3.30, compared to 1710460800 on 2796185. Therefore, it implies a Short% of Shares Outstanding of 2855379 and a Short% of Float of 5.46.
