Insulet Corporation (NASDAQ: PODD) has reported E.P.S. of $0.74 for its third fiscal quarter (ending September 30) versus $-0.08 for the same period a year ago. This result exceeded the consensus estimate of $0.41 by $0.33. For the latest four quarters through September 30, E.P.S. were $1.73 compared to $0.24 a year ago — an increase of 621%.
Recent Price Action
Insulet Corporation (NASDAQ: PODD) stock increased 2.0% on 11/2/23. The shares closed at $140.44. Relative to the market the stock has been extremely weak over the last nine months but has risen 0.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PODD is expected to continue to be a major Value Builder.
Insulet has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Insulet has a poor Power Rating of 24 and a very low Appreciation Score of 6, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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