Alert: Positive Investment/Fundamental Signals (11/22/23)-Insulet Corporation (NASDAQ: PODD)

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Recent extremely meaningful positive changes in investment behavior have benefitted Insulet Corporation (NASDAQ: PODD): its shorter term price trend turned up, and positive upside/downside volume developed.

Recent important positive changes in fundamentals have benefitted Insulet Corporation (NASDAQ: PODD): the consensus estimate for December, 2024 increased significantly, and the consensus estimate for December, 2023 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above 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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Insulet has a poor Power Rating of 24 and a very low Appreciation Score of 5, with the Lowest Value Trend Rating the result.

Recent Price Action

Insulet Corporation (NASDAQ: PODD) stock enjoyed a large increase of 2.8% on 11/22/23. The stock closed at $186.31. The stock has risen 7.7% during the last week but has been extremely weak relative to the market over the last nine months.

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