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The closing price of Insulet Corporation (NASDAQ: PODD) was $216.11 for the day, up 1.69% from the previous closing price of $212.51. In other words, the price has increased by $1.69 from its previous closing price. On the day, 0.94 million shares were traded. PODD stock price reached its highest trading level at $221.61 during the session, while it also had its lowest trading level at $212.18.
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 18.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 79.34. 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:
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 Aug 30 ’24 when Singh Prem sold 1,824 shares for $202.27 per share. The transaction valued at 368,940 led to the insider holds 3,656 shares of the business.
Singh Prem bought 1,824 shares of PODD for $368,938 on Aug 30 ’24. On Aug 29 ’24, another insider, Chadwick Ana Maria, who serves as the EVP, CFO & Treasurer of the company, bought 100 shares for $206.00 each. As a result, the insider paid 20,600 and bolstered with 13,314 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 15152661504 and an Enterprise Value of 15764756480. As of this moment, Insulet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.25, and their Forward P/E ratio for the next fiscal year is 56.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.09 while its Price-to-Book (P/B) ratio in mrq is 15.18. Its current Enterprise Value per Revenue stands at 8.418 whereas that against EBITDA is 43.31.
Stock Price History:
Over the past 52 weeks, PODD has reached a high of $223.56, while it has fallen to a 52-week low of $125.82. The 50-Day Moving Average of the stock is 10.28%, while the 200-Day Moving Average is calculated to be 14.78%.
Shares Statistics:
PODD traded an average of 737.67K shares per day over the past three months and 794390 shares per day over the past ten days. A total of 69.91M shares are outstanding, with a floating share count of 69.64M. Insiders hold about 0.68% of the company’s shares, while institutions hold 100.86% stake in the company. Shares short for PODD as of 1723680000 were 2831510 with a Short Ratio of 3.84, compared to 1721001600 on 2965615. Therefore, it implies a Short% of Shares Outstanding of 2831510 and a Short% of Float of 5.4.
