Stock Rating Upgrade
In the last week the Value Trend Rating for Insulet Corporation (NASDAQ: PODD) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Insulet Corporation (NASDAQ: PODD) stock closed at $236.59 on 10/18/24 after a large increase of 3.3%. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.3% 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). This VT Rating improved in recent days from D previously. 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 79, and the Low Neutral Value Trend Rating results.
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