Exploring the Growth Potential of INSULET CORP (NASDAQ:PODD) as It Nears a Breakout.

In this article, we'll take a closer look at INSULET CORP (NASDAQ:PODD) as a potential candidate for growth investing. While it's important for investors to conduct their own research, INSULET CORP has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.

Looking at the Growth

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:

• PODD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.43%, which is quite impressive.
• Measured over the past years, PODD shows a very strong growth in Earnings Per Share. The EPS has been growing by 79.24% on average per year.
• PODD shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.07%.
• Measured over the past years, PODD shows a very strong growth in Revenue. The Revenue has been growing by 22.92% on average per year.
• The Earnings Per Share is expected to grow by 21.66% on average over the next years. This is a very strong growth
• PODD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.11% yearly.

Health Assessment of NASDAQ:PODD

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:PODD has achieved a 6 out of 10:

• An Altman-Z score of 7.66 indicates that PODD is not in any danger for bankruptcy at the moment.
• With an excellent Altman-Z score value of 7.66, PODD belongs to the best of the industry, outperforming 88.17% of the companies in the same industry.
• With a decent Debt to FCF ratio value of 4.70, PODD is doing good in the industry, outperforming 79.57% of the companies in the same industry.
• PODD has a Current Ratio of 3.58. This indicates that PODD is financially healthy and has no problem in meeting its short term obligations.
• PODD's Current ratio of 3.58 is fine compared to the rest of the industry. PODD outperforms 62.37% of its industry peers.
• PODD has a Quick Ratio of 2.76. This indicates that PODD is financially healthy and has no problem in meeting its short term obligations.

Assessing Profitability for NASDAQ:PODD

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NASDAQ:PODD has earned a 9 out of 10:

• PODD has a better Return On Assets (13.55%) than 94.62% of its industry peers.
• Looking at the Return On Equity, with a value of 34.52%, PODD belongs to the top of the industry, outperforming 98.92% of the companies in the same industry.
• PODD has a Return On Invested Capital of 9.49%. This is amongst the best in the industry. PODD outperforms 89.78% of its industry peers.
• The 3 year average ROIC (6.40%) for PODD is below the current ROIC(9.49%), indicating increased profibility in the last year.
• The Profit Margin of PODD (20.19%) is better than 93.55% of its industry peers.
• PODD's Profit Margin has improved in the last couple of years.
• PODD's Operating Margin of 14.91% is amongst the best of the industry. PODD outperforms 85.48% of its industry peers.
• In the last couple of years the Operating Margin of PODD has grown nicely.
• With an excellent Gross Margin value of 69.79%, PODD belongs to the best of the industry, outperforming 80.65% of the companies in the same industry.

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:

Besides having an excellent technical rating, PODD also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 272.26, a Stop Loss order could be placed below this zone.

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.

Keep in mind

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.