Should you consider NASDAQ:PODD for growth investing?

In this article we will dive into INSULET CORP (NASDAQ:PODD) as a possible candidate for growth investing. Investors should always do their own research, but we noticed INSULET CORP showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Looking into the growth metrics of INSULET CORP

• INSULET CORP demonstrates a strong Return on Equity(ROE) of 19.75%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. INSULET CORP shows promising potential for continued success.
• INSULET CORP has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• INSULET CORP has demonstrated strong 1-year revenue growth of 25.23%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
• INSULET CORP has experienced 26.97% q2q revenue growth, indicating a significant sales increase.
• INSULET CORP has experienced notable growth in its operating margin over the past year, reflecting improved operational performance. This growth suggests the company's ability to generate higher profits from its core business activities.
• With positive growth in its free cash flow (FCF) over the past year, INSULET CORP showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• The EPS of INSULET CORP has exhibited growth from one quarter to another (Q2Q), with a 103.0% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• Analysts' average next Quarter EPS Estimate for INSULET CORP has witnessed a 7.37% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• The quarterly earnings of INSULET CORP have shown a 103.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• accelerating EPS growth for INSULET CORP: the current Q2Q growth of 103.0% exceeds the previous year Q2Q growth of 94.44%.

Fundamental Analysis Observations

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, PODD scores 6 out of 10 in our fundamental rating. PODD was compared to 199 industry peers in the Health Care Equipment & Supplies industry. While PODD belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PODD is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!

Check the latest full fundamental report of PODD for a complete fundamental analysis.

More growth stocks can be found in our Lois Navellier screen.

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.