NASDAQ:PODD qualifies as a high growth stock and is consolidating.

Last update: Nov 27, 2024

Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether INSULET CORP (NASDAQ:PODD) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but INSULET CORP has surfaced on our radar for growth with base formation, warranting further examination.

Growth Examination for NASDAQ:PODD

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NASDAQ:PODD has achieved a 9 out of 10:

The Earnings Per Share has grown by an impressive 129.49% over the past year.
The Earnings Per Share has been growing by 122.39% on average over the past years. This is a very strong growth
The Revenue has grown by 27.42% in the past year. This is a very strong growth!
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.

Analyzing Health Metrics

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:PODD has received a 6 out of 10:

An Altman-Z score of 7.38 indicates that PODD is not in any danger for bankruptcy at the moment.
The Altman-Z score of PODD (7.38) is better than 85.48% of its industry peers.
The Debt to FCF ratio of PODD (6.41) is better than 75.27% of its industry peers.
A Current Ratio of 3.68 indicates that PODD has no problem at all paying its short term obligations.
PODD has a Current ratio of 3.68. This is in the better half of the industry: PODD outperforms 63.98% of its industry peers.
PODD has a Quick Ratio of 2.80. This indicates that PODD is financially healthy and has no problem in meeting its short term obligations.
PODD has a better Quick ratio (2.80) than 60.75% of its industry peers.

Profitability Insights: NASDAQ:PODD

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NASDAQ:PODD was assigned a score of 8 for profitability:

PODD's Return On Assets of 13.91% is amongst the best of the industry. PODD outperforms 94.62% of its industry peers.
The Return On Equity of PODD (37.65%) is better than 98.92% of its industry peers.
The Return On Invested Capital of PODD (8.69%) is better than 88.17% of its industry peers.
The last Return On Invested Capital (8.69%) for PODD is above the 3 year average (4.58%), which is a sign of increasing profitability.
PODD's Profit Margin of 21.22% is amongst the best of the industry. PODD outperforms 93.55% of its industry peers.
PODD's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 15.42%, PODD belongs to the best of the industry, outperforming 85.48% of the companies in the same industry.
PODD's Operating Margin has improved in the last couple of years.
PODD has a Gross Margin of 69.36%. This is amongst the best in the industry. PODD outperforms 80.11% of its industry peers.

How does the Setup look for NASDAQ:PODD

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 7:

PODD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

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.

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

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.