DXCM vs. MMM, BDX, RMD, BAX, PODD, TFX, NVCR, BSX, SYK, and WST
Should you be buying DexCom stock or one of its competitors? The main competitors of DexCom include 3M (MMM), Becton, Dickinson and Company (BDX), ResMed (RMD), Baxter International (BAX), Insulet (PODD), Teleflex (TFX), NovoCure (NVCR), Boston Scientific (BSX), Stryker (SYK), and West Pharmaceutical Services (WST). These companies are all part of the "surgical & medical instruments" industry.
3M (NYSE:MMM) and DexCom (NASDAQ:DXCM) are both large-cap multi-sector conglomerates companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, media sentiment, analyst recommendations, institutional ownership, profitability and community ranking.
DexCom has a net margin of 16.82% compared to DexCom's net margin of -21.57%. DexCom's return on equity of 95.80% beat 3M's return on equity.
65.3% of 3M shares are held by institutional investors. Comparatively, 97.8% of DexCom shares are held by institutional investors. 0.3% of 3M shares are held by insiders. Comparatively, 0.3% of DexCom shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
DexCom has lower revenue, but higher earnings than 3M. 3M is trading at a lower price-to-earnings ratio than DexCom, indicating that it is currently the more affordable of the two stocks.
3M has a beta of 1, suggesting that its stock price has a similar volatility profile to the S&P 500.Comparatively, DexCom has a beta of 1.23, suggesting that its stock price is 23% more volatile than the S&P 500.
DexCom received 66 more outperform votes than 3M when rated by MarketBeat users. Likewise, 71.97% of users gave DexCom an outperform vote while only 59.45% of users gave 3M an outperform vote.
3M currently has a consensus price target of $107.55, suggesting a potential upside of 2.17%. DexCom has a consensus price target of $141.67, suggesting a potential upside of 7.85%. Given 3M's stronger consensus rating and higher probable upside, analysts plainly believe DexCom is more favorable than 3M.
In the previous week, 3M had 21 more articles in the media than DexCom. MarketBeat recorded 37 mentions for 3M and 16 mentions for DexCom. 3M's average media sentiment score of 1.12 beat DexCom's score of 0.39 indicating that DexCom is being referred to more favorably in the news media.
Summary
DexCom beats 3M on 14 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DXCM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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