Insulet Corporation develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally. The company offers Omnipod Insulin Management System (Omnipod System), which consists of an easy-to-use continuous insulin delivery system; and Personal Diabetes Manager, a handheld wireless device. It also customizes the Omnipod System technology platform for the delivery of drugs over a specified interval of time, at an administered volume. The company sells and markets its Omnipod System through a combination of direct sales representatives and independent distributors. Insulet Corporation was founded in 2000 and is headquartered in Billerica, Massachusetts.
Industry, Sector and Symbol
Industry Surgical & medical instruments
Sub-IndustryHealth Care Equipment
SectorMedical
Phone978-600-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$563.82 million
Profitability
Miscellaneous
Employees1,169
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable
Insulet (NASDAQ:PODD) Frequently Asked Questions
What is Insulet's stock symbol?
Insulet trades on the NASDAQ under the ticker symbol "PODD."
How were Insulet's earnings last quarter?
Insulet Co. (NASDAQ:PODD) released its quarterly earnings results on Monday, February, 25th. The medical instruments supplier reported $0.16 EPS for the quarter, topping the consensus estimate of $0.06 by $0.10. The medical instruments supplier earned $164.90 million during the quarter, compared to analyst estimates of $162.45 million. Insulet had a return on equity of 1.73% and a net margin of 0.58%. The company's quarterly revenue was up 26.4% on a year-over-year basis. During the same period last year, the business posted ($0.12) earnings per share. View Insulet's Earnings History.
When is Insulet's next earnings date?
What guidance has Insulet issued on next quarter's earnings?
Insulet issued an update on its first quarter 2019 earnings guidance on Monday, February, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $152-156 million, compared to the consensus revenue estimate of $155.97 million.Insulet also updated its FY 2019 guidance to EPS.
What price target have analysts set for PODD?
11 brokerages have issued 1 year price objectives for Insulet's shares. Their forecasts range from $90.00 to $115.00. On average, they anticipate Insulet's share price to reach $101.6364 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets for Insulet.
What is the consensus analysts' recommendation for Insulet?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Insulet in the last year. There are currently 2 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Insulet.
What are Wall Street analysts saying about Insulet stock?
Here are some recent quotes from research analysts about Insulet stock:
- 1. According to Zacks Investment Research, "Insulet has been outperforming its industry over the past year. We are encouraged by the year-over-year improvement in net loss and revenues on solid uptake of Omnipod system in the United States in the last reported quarter. Expanding global customer base also drove revenues. Furthermore, expanding gross margin buoys optimism. We are also upbeat about Insulet’s solid progress with respect to its four-pillar strategy. Further, the receipt of FDA nod for the company’s Omnipod DASH Insulin Management System boosts investor confidence. Meanwhile, management expects the shifting to direct operations in Europe to continue to mar international revenues. Moreover, Insulet is exposed to risks associated with a weaker global economy and lower reimbursement rates." (10/4/2018)
- 2. Canaccord Genuity analysts commented, "We maintain our BUY rating on PODD following the announcement that the company has secured two new OUS distributor partnerships with Theras Group (Italy) and Nordic Infucare (Nordic countries) effective July 1, 2018. Both distributors will provide sales, marketing, and customer support in their respective regions. We are encouraged to see PODD not only executing on OUS transition milestones but securing experienced medical device distributors in OUS countries. We believe the market exit by JNJ/Animas has created a unique opportunity for pump players – basically everyone ex Medtronic – to step into existing distribution/service networks who were left looking for new products when JNJ announced it was shuttering Animas. Thus, while not underestimating the resources required to build out an OUS commercial organization, the news of these two partnerships leaves us incrementally confident in Insulet’s ability to facilitate a smooth OUS transition." (5/2/2018)
Has Insulet been receiving favorable news coverage?
News articles about PODD stock have been trending somewhat negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Insulet earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned news stories about the medical instruments supplier a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.
Who are some of Insulet's key competitors?
Some companies that are related to Insulet include ResMed (RMD), ABIOMED (ABMD), Teleflex (TFX), DexCom (DXCM), Hill-Rom (HRC), Penumbra (PEN), Integra Lifesciences (IART), ICU Medical (ICUI), Globus Medical (GMED), Novocure (NVCR), Haemonetics (HAE), Tandem Diabetes Care (TNDM), Merit Medical Systems (MMSI), Glaukos (GKOS) and NuVasive (NUVA).
What other stocks do shareholders of Insulet own?
Who are Insulet's key executives?
Insulet's management team includes the folowing people:
- Ms. Shacey Petrovic, Pres, CEO & Director (Age 45)
- Mr. Charles Alpuche, Exec. VP & COO (Age 59)
- Mr. Patrick J. Sullivan, Consultant (Age 67)
- Mr. Michael L. Levitz, Advisor (Age 45)
- Mr. Wayde D. McMillan, Exec. VP & CFO
Who are Insulet's major shareholders?
Insulet's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (14.88%), Frontier Capital Management Co. LLC (2.95%), American Century Companies Inc. (1.33%), Norges Bank (1.14%), Eagle Asset Management Inc. (0.94%) and KAMES CAPITAL plc (0.80%). Company insiders that own Insulet stock include Aiman Abdel-Malek, Bradley A Thomas, Charles Alpuche, David A Lemoine, David Colleran, James C Mullen, Jessica Hopfield, John A Fallon, Michael L Levitz, Michael P Spears and Shacey Petrovic. View Institutional Ownership Trends for Insulet.
Which institutional investors are selling Insulet stock?
PODD stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Frontier Capital Management Co. LLC, Think Investments LP, Victory Capital Management Inc., Columbus Circle Investors, KAMES CAPITAL plc, Chartwell Investment Partners LLC and Triodos Investment Management BV. Company insiders that have sold Insulet company stock in the last year include Aiman Abdel-Malek, David A Lemoine, David Colleran, John A Fallon, Michael L Levitz, Michael P Spears and Shacey Petrovic. View Insider Buying and Selling for Insulet.
Which institutional investors are buying Insulet stock?
PODD stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, First Trust Advisors LP, Standard Life Aberdeen plc, American Century Companies Inc., Jennison Associates LLC, Amundi Pioneer Asset Management Inc., New York State Common Retirement Fund and California Public Employees Retirement System. Company insiders that have bought Insulet stock in the last two years include Bradley A Thomas, Charles Alpuche, James C Mullen, Jessica Hopfield and Michael P Spears. View Insider Buying and Selling for Insulet.
How do I buy shares of Insulet?
Shares of PODD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Insulet's stock price today?
One share of PODD stock can currently be purchased for approximately $97.18.
How big of a company is Insulet?
Insulet has a market capitalization of $5.76 billion and generates $563.82 million in revenue each year. The medical instruments supplier earns $3.29 million in net income (profit) each year or $0.05 on an earnings per share basis. Insulet employs 1,169 workers across the globe.
What is Insulet's official website?
How can I contact Insulet?
Insulet's mailing address is 100 NAGOG PARK, ACTON MA, 01720. The medical instruments supplier can be reached via phone at 978-600-7000 or via email at [email protected]
MarketBeat Community Rating for Insulet (NASDAQ PODD)
MarketBeat's community ratings are surveys of what our community members think about Insulet and other stocks. Vote "Outperform" if you believe PODD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PODD will underperform the S&P 500 over the long term. You may vote once every thirty days.
