Insulet Corporation (PODD) is expecting 2.62% growth in the next quarter: What can investors do to maximize their returns?

On Friday, Insulet Corporation (NASDAQ: PODD) opened lower -8.81% from the last session, before settling in for the closing price of $199.79. Price fluctuations for PODD have ranged from $125.82 to $239.70 over the past 52 weeks.

Healthcare Sector giant saw their annual sales surged by 24.75% over the last five years. Company’s average yearly earnings per share was noted 2.00% at the time writing. With a float of $69.40 million, this company’s outstanding shares have now reached $69.91 million.

The firm has a total of 3000 workers. Let’s measure their productivity.

Insulet Corporation (PODD) Insider Activity

A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Insulet Corporation is 0.91%, while institutional ownership is 102.23%. The most recent insider transaction that took place on Jun 14 ’24, was worth 299,940. In this transaction SVP & Chief Technology Officer of this company sold 1,500 shares at a rate of $199.96, taking the stock ownership to the 12,875 shares. Before that another transaction happened on Jun 10 ’24, when Company’s Director sold 7,000 for $190.51, making the entire transaction worth $1,333,570. This insider now owns 35,586 shares in total.

Insulet Corporation (PODD) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.90% during the next five years compared to 122.47% growth over the previous five years of trading.

Insulet Corporation (NASDAQ: PODD) Trading Performance Indicators

Check out the current performance indicators for Insulet Corporation (PODD). In the past quarter, the stock posted a quick ratio of 2.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.81. Likewise, its price to free cash flow for the trailing twelve months is 66.81.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.51, a number that is poised to hit 0.78 in the next quarter and is forecasted to reach 3.86 in one year’s time.

Technical Analysis of Insulet Corporation (PODD)

Analysing the last 5-days average volume posted by the [Insulet Corporation, PODD], we can find that recorded value of 1.1 million was better than the volume posted last year of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 62.14%. Additionally, its Average True Range was 9.59.

During the past 100 days, Insulet Corporation’s (PODD) raw stochastic average was set at 44.75%, which indicates a significant increase from 33.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.01% in the past 14 days, which was higher than the 38.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $195.46, while its 200-day Moving Average is $184.50. Now, the first resistance to watch is $188.99. This is followed by the second major resistance level at $195.80. The third major resistance level sits at $203.79. If the price goes on to break the first support level at $174.19, it is likely to go to the next support level at $166.20. Should the price break the second support level, the third support level stands at $159.39.

Insulet Corporation (NASDAQ: PODD) Key Stats

There are currently 70,040K shares outstanding in the company with a market cap of 12.76 billion. Presently, the company’s annual sales total 1,697 M according to its annual income of 206,300 K. Last quarter, the company’s sales amounted to 441,700 K and its income totaled 51,500 K.