Report
Debbie Wang

Insulet Is Moving Closer to a Moat, in Our Opinion

Insulet kicked off 2018 in strong fashion, slightly exceeding our expectations on the top- and bottomlines. We’ve moderately increased our fair value estimate by $6 to $69 per share, after baking in more optimistic projections related to the anticipated launch of OmniPod DASH later this year, the approval of Insulet’s hybrid closed-loop tubeless pump system in late 2019, and the impending switch to direct distribution in Europe.  While we’ve held Insulet’s moat trend at positive for a number of ...
Underlying
Insulet Corporation

Insulet is engaged in the development, manufacturing and sale of its Omnipod? System, an insulin delivery system for people with insulin-dependent diabetes, which consists of two product lines: the Omnipod Insulin Management System and Omnipod DASH? Insulin Management System. The Omnipod System features a self-adhesive disposable tubeless Pod, which is worn on the body and provides up to three days of non-stop insulin delivery without the need to see or handle a needle, and a handheld Personal Diabetes Manager. The Omnipod System communicates wirelessly, provides for automated cannula insertion and eliminates the need for multiple daily injection therapy or the use of pump and tubing.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Debbie Wang

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