Exploring the Growth Potential of NASDAQ:PODD as It Nears a Breakout.

Last update: Jul 17, 2024

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if INSULET CORP (NASDAQ:PODD) is suited for growth investing, while it is forming a base and may be ready to breakout. Investors should of course do their own research, but we spotted INSULET CORP showing up in our growth with base formation screen, so it may be worth spending some more time on it.

How do we evaluate the Growth for NASDAQ:PODD?

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.
The Earnings Per Share has been growing by 122.39% on average over the past years. This is a very strong growth
Looking at the last year, PODD shows a very strong growth in Revenue. 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.
The Revenue is expected to grow by 15.95% on average over the next years. This is quite good.

Health Analysis for NASDAQ:PODD

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NASDAQ:PODD was assigned a score of 5 for health:

PODD has an Altman-Z score of 5.98. This indicates that PODD is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PODD (5.98) is better than 78.61% of its industry peers.
PODD has a Debt to FCF ratio of 10.25. This is in the better half of the industry: PODD outperforms 73.80% of its industry peers.
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.

Assessing Profitability for NASDAQ:PODD

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NASDAQ:PODD, the assigned 8 is a significant indicator of profitability:

PODD has a Return On Assets of 8.92%. This is amongst the best in the industry. PODD outperforms 90.91% of its industry peers.
With an excellent Return On Equity value of 29.59%, PODD belongs to the best of the industry, outperforming 97.86% of the companies in the same industry.
PODD's Return On Invested Capital of 8.13% is amongst the best of the industry. PODD outperforms 86.63% 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's Profit Margin of 13.14% is amongst the best of the industry. PODD outperforms 90.91% of its industry peers.
In the last couple of years the Profit Margin of PODD has grown nicely.
PODD has a better Operating Margin (13.99%) than 83.96% of its industry peers.
In the last couple of years the Operating Margin of PODD has grown nicely.
With a decent Gross Margin value of 68.86%, PODD is doing good in the industry, outperforming 78.07% of the companies in the same industry.

Why is NASDAQ:PODD a setup?

Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NASDAQ:PODD this score is currently 8:

PODD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 200.39, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

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.

Disclaimer

This article should in no way be interpreted as advice. 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.