Insulet Corporation (NASDAQ: PODD) has reported earnings for its third fiscal quarter (ending September 30) of $1.11 versus $0.74 for the same period a year ago — an increase of 50%. For the latest four quarters through September 30, E.P.S. were $6.01 versus $1.73 for the same period a year ago — an increase of 247%.
Recent Price Action
Insulet Corporation (NASDAQ: PODD) stock enjoyed a large increase of 2.4% on 11/7/24. The stock closed at $244.98. Moreover, trading volume in this advance was above average at 134% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 6.2% during the last week.
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 C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Insulet has a very low Appreciation Score of 11 but a good Power Rating of 84, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment