Is NASDAQ:PODD suited for growth investing?

In this article we will dive into INSULET CORP (NASDAQ:PODD) as a possible candidate for growth investing. Investors should always do their own research, but we noticed INSULET CORP showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

What matters for growth investors.

• With a solid Return on Equity (ROE) of 29.59%, INSULET CORP exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• INSULET CORP has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• With impressive 1-year revenue growth of 30.17%, INSULET CORP showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• The q2q revenue growth of 23.35% of INSULET CORP highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• The operating margin of INSULET CORP has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• INSULET CORP has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
• In the most recent financial report, INSULET CORP reported a 217.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The average next Quarter EPS Estimate for INSULET CORP has experienced a 9.44% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
• The quarterly earnings of INSULET CORP have shown a 217.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• The earnings per share (EPS) growth of INSULET CORP are accelerating: the current Q2Q growth of 217.0% is above the previous year Q2Q growth of -42.5%. Earnings momentum and acceleration are key for high growth systems.

What else is there to say on the fundamentals of NASDAQ:PODD?

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to PODD. PODD was compared to 192 industry peers in the Health Care Equipment & Supplies industry. While PODD belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PODD is not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, PODD could be worth investigating further for growth investing!.

For an up to date full fundamental analysis you can check the fundamental report of PODD

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.