Insulet Corporation (NASDAQ:PODD) stock enjoyed an overall uptrend of 50.45% from the beginning of 2018. The closing share price quoted for September 07, 2018 was $103.81. The -0.91% drop might have been tempting for an investor to sell at this point but in fact that would prove a short-sighted mistake, as sell-side analysts think there is almost 13.67% more gain yet to come for shareholders. Analysts seemed to set $118 as highest price target on its way to greater gains. The average 12-month price target they expect from the stock is $98.94. This mean price target represents -4.69% downside over its previous closing price. The median price target they presented was $100 for the next 12-months, which suggests a -3.67% upside from current levels. Some analysts have a lowest price target on the stock of $69, which would mean a -33.53% gain in value.
A fresh roundup today notes that PODD stock has added around 79.08% of its value in the past 12 months, suggesting more investors have expressed joy over about in that time period. If we turn to the Street in general, the positives still outweigh the negatives as we can see that Insulet Corporation (PODD), have a buy (1.9) analyst consensus rating. In the current time, the stock has 12 buy and 5 hold ratings. The stock registered its 52-week high of $104.89 on September 07 and its 52-week low of $54.55 on September 29. Currently, the shares are trading $18.26 above its YTD moving average of $85.55.
Moving on, Insulet Corporation (PODD) last reported its June 2018 earnings. For brief highlights, it performed weak in that quarter, with earnings down -77% year-over-year at $-0.03. The company surprised analysts by -77 who were expecting $-0.13 per share. Overall, its quarterly revenues jumped by 13% to reach $124.26 million, while it had reported $109.76 million in the same period a year ago. To see what investors should really expect from its B2 financial results consensus analyst estimates are calling for current quarter earnings per share of $0.03, up from $-0.04 in the same quarter a year ago. However, earnings-per-share are expected to see growth of 409.1% in next year. From there, the company believes it can achieve a long-term annual earnings growth rate of 25 %. At the other end of the income statement, we have seen revenue of $500.1 million over the trailing 12 months.
To help you decide whether it’s worth the wait (and the money), Insulet Corporation (NASDAQ:PODD) is currently trading at 0X the company’s trailing-12-month earnings per share, which represents a discount compared to the sector’s 31.72X and comes in below its industry’s 38.38X. The most popular method for valuing a stock is to study the historic Price-to-Earnings (P/E) ratio using reported earnings for the past 12 months. The EPS number for this stock in the most recent four quarters of earnings stood at $-0.29. P/E ratio is so popular because it’s simple, it’s effective, and, tautologically, because everyone uses it.
The 14-day Absolute ATR (Average True Range) on Friday, September 07 of 2018 shows that the price on average moves $2.98. The average daily volatility is 2.56% over the past week. Low volatility is good for the stock and it means we have calm and confident investors. If you check recent Insulet Corporation (PODD) volume, you will see that it has changed to 408.3 thousand shares versus the average daily volume of 778.77 million shares.
When you look at the daily chart for PODD, you will observe the stock held 29.23% gains in the 6-month period and maintains 90.3% distance from its most recent low. The past 5-day performance for the share stays positive at 1.25% but up 9.99% from its three-week moving average. Comparing to 50-day SMA, Insulet Corporation shares price is now up 15.9%. It also closed 24.69% higher from its 200-day SMA. This is often seen as the last line of defense for long term trends to find support at, else be considered broken and/or in a bear market. The daily chart of the stock more clearly reveals the slide in prices as it closed Friday with a 1-month performance at 22.26%.