Insulet Corporation (NASDAQ: PODD) on Tuesday, soared 0.71% from the previous trading day, before settling in for the closing price of $233.89. Within the past 52 weeks, PODD’s price has moved between $125.82 and $236.62.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 24.75%. The company achieved an average annual earnings per share of 2.24%. With a float of $69.64 million, this company’s outstanding shares have now reached $69.91 million.
Considering the fact that the conglomerate employs 3000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 69.34%, operating margin of 15.49%, and the pretax margin is 14.28%.
Insulet Corporation (PODD) Breakdown of a Key Holders of the stock
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Insulet Corporation is 0.67%, while institutional ownership is 100.86%. The most recent insider transaction that took place on Sep 11 ’24, was worth 1,718,283. In this transaction Director of this company sold 7,628 shares at a rate of $225.26, taking the stock ownership to the 26,917 shares. Before that another transaction happened on Sep 10 ’24, when Company’s Director sold 5,000 for $225.84, making the entire transaction worth $1,129,200. This insider now owns 30,586 shares in total.
Insulet Corporation (PODD) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.71 earnings per share (EPS) for the period topping the consensus outlook (set at 0.4) by 0.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.24% 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
Insulet Corporation (PODD) is currently performing well based on its current performance indicators. A quick ratio of 2.68 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.82. Likewise, its price to free cash flow for the trailing twelve months is 86.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.51, a number that is poised to hit 0.79 in the next quarter and is forecasted to reach 3.86 in one year’s time.
Technical Analysis of Insulet Corporation (PODD)
Compared to the last year’s volume of 0.83 million, its volume of 0.79 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.82%. Additionally, its Average True Range was 8.19.
During the past 100 days, Insulet Corporation’s (PODD) raw stochastic average was set at 89.93%, which indicates a significant increase from 83.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.97% in the past 14 days, which was lower than the 42.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $200.58, while its 200-day Moving Average is $190.23. Nevertheless, the first resistance level for the watch stands at $241.72 in the near term. At $247.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $251.81. If the price goes on to break the first support level at $231.63, it is likely to go to the next support level at $227.71. Now, if the price goes above the second support level, the third support stands at $221.54.
Insulet Corporation (NASDAQ: PODD) Key Stats
Market capitalization of the company is 16.52 billion based on 70,040K outstanding shares. Right now, sales total 1,697 M and income totals 206,300 K. The company made 488,500 K in profit during its latest quarter, and 188,600 K in sales during its previous quarter.
