Why NASDAQ:PODD Is a Promising High-Growth Stock in the Midst of Consolidation.

Last update: Jun 26, 2024

Exploring Growth Potential: INSULET CORP (NASDAQ:PODD) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and INSULET CORP has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected INSULET CORP on our screen for growth with base formation, suggesting it merits a closer look.

Looking at the Growth

A key component of ChartMill's stock assessment is the Growth Rating, which spans from 0 to 10. This rating evaluates diverse growth factors, such as EPS and revenue growth, considering both past performance and future projections. NASDAQ:PODD has received a 9 out of 10:

PODD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 906.25%, which is quite impressive.
PODD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 122.39% yearly.
PODD shows a strong growth in Revenue. In the last year, the Revenue has grown by 30.17%.
PODD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.66% yearly.
Based on estimates for the next years, PODD will show a very strong growth in Earnings Per Share. The EPS will grow by 20.32% on average per year.
PODD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.95% yearly.

Looking at the Health

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NASDAQ:PODD has earned a 5 out of 10:

PODD has an Altman-Z score of 6.08. This indicates that PODD is financially healthy and has little risk of bankruptcy at the moment.
PODD has a Altman-Z score of 6.08. This is amongst the best in the industry. PODD outperforms 81.38% of its industry peers.
Looking at the Debt to FCF ratio, with a value of 10.25, PODD is in the better half of the industry, outperforming 73.94% of the companies in the same industry.
PODD has a Current Ratio of 3.74. This indicates that PODD is financially healthy and has no problem in meeting its short term obligations.
A Quick Ratio of 2.75 indicates that PODD has no problem at all paying its short term obligations.

Analyzing Profitability Metrics

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NASDAQ:PODD scores a 8 out of 10:

PODD has a Return On Assets of 8.92%. This is amongst the best in the industry. PODD outperforms 91.49% of its industry peers.
PODD has a Return On Equity of 29.59%. This is amongst the best in the industry. PODD outperforms 98.40% of its industry peers.
The Return On Invested Capital of PODD (8.13%) is better than 86.70% of its industry peers.
The 3 year average ROIC (4.58%) for PODD is below the current ROIC(8.13%), indicating increased profibility in the last year.
PODD has a better Profit Margin (13.14%) than 90.96% of its industry peers.
In the last couple of years the Profit Margin of PODD has grown nicely.
With an excellent Operating Margin value of 13.99%, PODD belongs to the best of the industry, outperforming 84.04% of the companies in the same industry.
In the last couple of years the Operating Margin of PODD has grown nicely.
PODD has a better Gross Margin (68.86%) than 78.19% of its industry peers.

How do we evaluate the setup for NASDAQ:PODD?

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NASDAQ:PODD is 7:

Besides having an excellent technical rating, PODD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 205.76. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

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

Our latest full technical report of PODD contains the most current technical analsysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.