Insulet Corporation develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes.
Insulet stock last closed at $164.17, down 1.84% from the previous day, and has decreased 48.91% in one year. It has underperformed other stocks in the Medical Devices industry by 0.33 percentage points. Insulet stock is currently +30.48% from its 52-week low of $125.82, and -51.13% from its 52-week high of $335.91.
As of Apr 25, 2024, there are 69.93M PODD shares outstanding. The market cap of PODD is $11.48B. In the last 24 hours, 856,026 PODD shares were traded.
How to Buy Insulet Stock
Not sure how to invest in Insulet stock? Here's how.
Decide where to buy Insulet stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Insulet stock.
Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Put funds into your brokerage account: Choose your payment method and add your info.
Research Insulet stock: The Insulet ticker symbol is PODD. Is Insulet stock a good investment? Should you buy shares of PODD? How do PODD's underlying business fundamentals look? Do top analysts think Insulet is a good buy? Why has PODD's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if PODD is a good stock to buy).
Execute your PODD purchase: Decide if you will purchase PODD shares at the current market price or use a limit order to buy PODD shares at a given price.
Get notifications regarding your PODD position: Create a watchlist to monitor your position in Insulet shares.
Step 1: Decide where to buy Insulet stock
You will need an online brokerage account to access the NASDAQ market and buy PODD stock.
A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
Our favorite brokerage: eToro
We believe that eToro is the best stock brokerage. Here's why:
You can invest in stocks with 0% commissions: Invest without paying trading commissions.
Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
Access to global markets: From Technology to Energy, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
Security: eToro is a regulated and licensed fintech leader.
Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro now.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Step 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you are able to buy PODD stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Insulet stock
Once you have chosen the best place to buy Insulet stock, it's critical to analyze their stock before you invest, so you can wrap your head around the risk and opportunity.
Overview of key PODD info
PODD Price
$164.17
1w %
-0.34%
1y %
-48.91%
5y %
97.32%
P/E
55.46x
P/B
15.67x
P/S
6.75x
PEG
3.72x
Revenue
$1.70B
Earnings
$206.30M
Fore. Rev. Growth
17.37%
Fore. Earn. Growth
14.9%
Market Cap
$11.48B
Next Earnings
May 22, 2024
Next Dividend
N/A
PODD Overview
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
PODD profit margin has gone up from 0.4% to 12.2% in the past year.
There are more short-term assets than long-term liabilities on the PODD balance sheet.
Total PODD debt is lower than 5 years ago, relative to shareholder equity.
There are more short-term assets than short-term liabilities on the PODD balance sheet.
PODD earnings of $250.80M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
PODD has a relatively high debt to equity ratio of 2.53.
PODD's operating cash flow of $145.70M allows it to safely service it's debt of $1.42B.
Is it a good time to buy Insulet stock, according to Wall Street analysts?
Out of 6 Wall Street analysts who track PODD, the consensus analyst rating on Insulet is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest PODD Analyst Upgrades/Downgrades
Patrick Wood, a top 19% analyst from Morgan Stanley upgrades PODD to a strong buy rating and raises their PODD price target from $185.00 to $234.00, on Dec 4, 2023.
Last year, PODD earnings were $206.30M. In the last five year, PODD's earnings have increased by 118.09% per year. This was faster than the Medical Devices industry average of 8.75%.
Last year, PODD revenue was $1.70B. During the past 5 year, PODD's revenue has increased by 24.66% per year. This was faster than the Medical Devices industry average of 13.33%.
No, Insulet doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your PODD purchase
You have two primary order types:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are mostly fine for most investors.
Limit order: A limit order is an order to buy or sell a security at a specific price (or better). If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and eToro will execute the order.
If you need more help investing in stocks on eToro, watch the how to video below:
As of Apr 25, 2024, it costs $164.17 to buy one share of Insulet stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.609 shares of PODD.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.