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

For growth-minded investors, high revenue and EPS growth are key criteria. Today, we'll examine whether INSULET CORP (NASDAQ:PODD) fits the bill for growth investing, particularly as it forms a base and hints at a potential breakout. Remember, due diligence is essential, but INSULET CORP has caught our attention on our screen for growth with base formation. It may warrant additional investigation.

Growth Insights: NASDAQ:PODD

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NASDAQ:PODD scores a 9 out of 10:

• The Earnings Per Share has grown by an impressive 182.50% over the past year.
• Measured over the past years, PODD shows a very strong growth in Earnings Per Share. The EPS has been growing by 122.39% on average per year.
• The Revenue has grown by 27.82% in the past year. This is a very strong growth!
• The Revenue has been growing by 24.66% on average over the past years. This is a very strong growth!
• PODD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.32% yearly.
• PODD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.95% yearly.

A Closer Look at Health for NASDAQ:PODD

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NASDAQ:PODD, the assigned 6 for health provides valuable insights:

• PODD has an Altman-Z score of 6.66. This indicates that PODD is financially healthy and has little risk of bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 6.66, PODD belongs to the top of the industry, outperforming 84.95% of the companies in the same industry.
• Looking at the Debt to FCF ratio, with a value of 7.66, PODD is in the better half of the industry, outperforming 74.73% of the companies in the same industry.
• A Current Ratio of 3.60 indicates that PODD has no problem at all paying its short term obligations.
• PODD has a Quick Ratio of 2.71. This indicates that PODD is financially healthy and has no problem in meeting its short term obligations.
• With a decent Quick ratio value of 2.71, PODD is doing good in the industry, outperforming 60.22% of the companies in the same industry.

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's Return On Assets of 13.72% is amongst the best of the industry. PODD outperforms 95.70% of its industry peers.
• PODD has a Return On Equity of 39.59%. This is amongst the best in the industry. PODD outperforms 98.92% of its industry peers.
• PODD's Return On Invested Capital of 8.14% is amongst the best of the industry. PODD outperforms 87.63% of its industry peers.
• The 3 year average ROIC (4.58%) for PODD is below the current ROIC(8.14%), indicating increased profibility in the last year.
• PODD has a better Profit Margin (21.11%) than 94.62% of its industry peers.
• PODD's Profit Margin has improved in the last couple of years.
• The Operating Margin of PODD (14.56%) is better than 83.87% of its industry peers.
• PODD's Operating Margin has improved in the last couple of years.
• With a decent Gross Margin value of 69.00%, PODD is doing good in the industry, outperforming 79.57% of the companies in the same industry.

Looking at the Setup

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. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 232.02, a Stop Loss order could be placed below this zone.

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

Check the latest full fundamental report of PODD for a complete fundamental analysis.

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.