What Are The Chances Of Insulet Corporation (NASDAQ: PODD) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Insulet Announces Changes to Board of Directors with Retirements and New Appointments.

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Stocks Info

As a NASDAQ listed company, PODD falls under the Healthcare sector while operating within the Medical Devices industry segment. The current market capitalization of Insulet Corporation is $14.39B. A total of 0.74 million shares were traded on the day, compared to an average of 1.11M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, PODD has seen 2 BUY and 3 SELL insider trades, representing the acquisition of 20,000 and the disposition of 35,000 shares. Over the last 12 months, there were 38 BUYs and 56 SELLs from insiders. Insiders purchased 150,610 shares during that period but sold 144,429.

In the most recent transaction, BORIO LUCIANA sold 72 shares of PODD for 207.08 per share on Dec 15. After the transaction, the Director now owns 2,278 company shares. In a previous transaction on Nov 13, Petrovic Shacey sold 20,000 shares at 164.33 per share. PODD shares that Director owns now total 2,567.

Among the insiders who sold shares, Petrovic Shacey disposed of 15,000 shares on Nov 13 at a per-share price of $165.02. This resulted in the Director holding 0 shares of PODD after the transaction. In another insider transaction, Singh Prem bought 1 shares at $168.92 per share on Sep 19. Company shares held by the SVP, Global Operations now total 4,032.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for PODD in the last 3 months, the mean price target is $233.32 with high estimates of $270.00 and low estimates of $163.00. In terms of 52-week highs and lows, PODD has a high of $335.91 and a low of $125.82.

As of this writing, PODD has an earnings estimate of $0.66 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.82 per share and a lower estimate of $0.5. The company reported an EPS of $0.38 in the last quarter, which was 46.20% higher than expectations of $0.26.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. PODD’s latest balance sheet shows that the firm has $790.00M in Cash & Short Term Investments as of fiscal 2021. There were $1.27B in debt and $228.80M in liabilities at the time. Its Book Value Per Share was $8.70, while its Total Shareholder’s Equity was $556.30M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PODD is Buy with a score of 4.61.

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