Insulet Corporation (NASDAQ: PODD) has reported E.P.S. of $0.74 for its first fiscal quarter (ending March 31) versus $0.34 for the same period a year ago — an increase of 118%. This performance was $0.07 better than the consensus estimate of $0.67. For the latest four quarters through March 31, E.P.S. were $3.35 versus $0.01 for the same period a year ago — an increase of 33400%.
Recent Price Action
On 5/9/24, Insulet Corporation (NASDAQ: PODD) stock increased 1.1%, closing at $177.53. Moreover, this advance was accompanied by exceptionally high trading volume at 228% of normal. The stock has risen 4.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
PODD’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Insulet has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Insulet has a neutral Power Rating of 48 but a very low Appreciation Score of 12, 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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