Free Trial
NASDAQ:DXCM

DexCom (DXCM) Stock Price, News & Analysis

$64.00
-43.85 (-40.66%)
(As of 07/26/2024 ET)
Today's Range
$62.34
$67.44
50-Day Range
$64.00
$130.84
52-Week Range
$62.34
$142.00
Volume
53.84 million shs
Average Volume
3.28 million shs
Market Capitalization
$25.45 billion
P/E Ratio
41.29
Dividend Yield
N/A
Price Target
$139.33

DexCom MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.87 Rating Score
Upside/​Downside
76.7% Upside
$113.06 Price Target
Short Interest
Healthy
2.62% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
0.42mentions of DexCom in the last 14 days
Based on 54 Articles This Week
Insider Trading
Selling Shares
$480,861 Sold Last Quarter
Proj. Earnings Growth
24.72%
From $1.78 to $2.22 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.98 out of 5 stars

Medical Sector

4th out of 936 stocks

Surgical & Medical Instruments Industry

4th out of 101 stocks

DXCM stock logo

About DexCom Stock (NASDAQ:DXCM)

DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally. The company provides its systems for use by people with diabetes, as well as for use by healthcare providers. Its products include Dexcom G6 and Dexcom G7, integrated CGM systems for diabetes management; Dexcom Share, a remote monitoring system; Dexcom Real-Time API, which enables authorized third-party software developers to integrate real-time CGM data into their digital health apps and devices; and Dexcom ONE, that is designed to replace finger stick blood glucose testing for diabetes treatment decisions. It has also submitted FDA review for Dexcom Stelo for people with type 2 diabetes. The company has a collaboration and license agreement with Verily Life Sciences LLC and Verily Ireland Limited to develop blood-based or interstitial glucose monitoring products. It markets its products directly to endocrinologists, physicians, and diabetes educators. The company was incorporated in 1999 and is headquartered in San Diego, California.

DXCM Stock Price History

DXCM Stock News Headlines

Stethoscope with US dollar banknotes on chart and graph paper, Finance, Account, Statistics, Investment, Analytic research data economy and Business company concept.
Top 4 Must-Have Healthcare Stocks for Long-Term Growth
The healthcare industry represents a substantial and dynamic market sector, presenting many opportunities for investors seeking long-term growth and stability. Factors such as the aging population, technological advances, and rising healthcare costs provide the sector with a compelling combination of growth potential and resilience.
Stethoscope with US dollar banknotes on chart and graph paper, Finance, Account, Statistics, Investment, Analytic research data economy and Business company concept.
Top 4 Must-Have Healthcare Stocks for Long-Term Growth (DXCM)
Investing in healthcare offers long-term growth and stability fueled by demographic trends, technological advancements, and rising demand.
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
DexCom slashes full-year sales forecast, shares plummet
We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
Why DexCom Stock Is Crashing Today
Why Is DexCom (DXCM) Stock Down 38% Today?
DexCom (DXCM) Q2 2024 Earnings Call Transcript
See More Headlines
Receive DXCM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for DexCom and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
7/25/2024
Today
7/26/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
Current Symbol
NASDAQ:DXCM
CUSIP
25213110
Employees
9,600
Year Founded
1999

Price Target and Rating

Average Stock Price Target
$115.60
High Stock Price Target
$161.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+119.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.87
Research Coverage
16 Analysts

Profitability

Net Income
$541.50 million
Pretax Margin
20.48%

Debt

Sales & Book Value

Annual Sales
$3.62 billion
Cash Flow
$1.17 per share
Book Value
$5.35 per share

Miscellaneous

Free Float
396,491,000
Market Cap
$25.24 billion
Optionable
Optionable
Beta
1.16

Social Links

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Should I Buy DexCom Stock? DXCM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in DexCom, Inc.:

  • DexCom's recent positive earnings report, beating the consensus estimate by $0.05 per share, indicates strong financial performance.
  • The company's focus on continuous glucose monitoring (CGM) systems for diabetes management aligns with the growing demand for healthcare technology solutions.
  • With a consensus target price of $140.94, there is potential for stock price appreciation, making it an attractive investment opportunity.
  • DexCom's consistent revenue growth, with $921.00 million reported in the last quarter, demonstrates a healthy financial outlook.
  • The company's strong return on equity of 31.01% showcases efficient utilization of shareholder funds for profitability.

Cons

Investors should be bearish about investing in DexCom, Inc. for these reasons:

  • The stock's price-to-earnings ratio of 75.61 may indicate an overvalued position, potentially leading to limited upside for investors.
  • Despite positive ratings from analysts, the stock's beta of 1.22 suggests higher volatility compared to the market average, posing risk for investors.
  • Insider selling activity, with company insiders offloading significant shares in recent months, could signal lack of confidence in future growth prospects.
  • The company's debt-to-equity ratio of 1.08 raises concerns about its leverage position and ability to manage debt obligations effectively.
  • While revenue growth has been strong, the price-to-earnings-growth ratio of 2.85 may indicate that the stock is not undervalued based on its growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these DexCom pros and cons to contact@marketbeat.com.

DXCM Stock Analysis - Frequently Asked Questions

How have DXCM shares performed this year?

DexCom's stock was trading at $124.09 at the beginning of the year. Since then, DXCM shares have decreased by 48.4% and is now trading at $64.00.
View the best growth stocks for 2024 here
.

How were DexCom's earnings last quarter?

DexCom, Inc. (NASDAQ:DXCM) released its earnings results on Thursday, July, 25th. The medical device company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.04. DexCom's quarterly revenue was up 15.3% compared to the same quarter last year.

When did DexCom's stock split?

DexCom shares split on the morning of Friday, June 10th 2022. The 4-1 split was announced on Friday, March 25th 2022. The newly minted shares were payable to shareholders after the market closes on Thursday, June 9th 2022. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

What is Kevin Sayer's approval rating as DexCom's CEO?

347 employees have rated DexCom Chief Executive Officer Kevin Sayer on Glassdoor.com. Kevin Sayer has an approval rating of 88% among the company's employees.

Does DexCom have any subsidiaries?

DexCom subsidiaries include these companies: TypeZero Technologies Inc, Nintamed Handels GmbH, DexCapital LLC, DexCom Asia Pacific Operations PTE Ltd., DexCom Canada Co, DexCom (Canada) Inc., DexCom Deutschland GmbH, and more.

Who are DexCom's major shareholders?

DexCom's top institutional investors include Baillie Gifford & Co. (3.85%), Vaughan Nelson Investment Management L.P. (0.41%), Allspring Global Investments Holdings LLC (0.26%) and Sumitomo Mitsui Trust Holdings Inc. (0.22%). Insiders that own company stock include Kevin R Sayer, Jacob Steven Leach, Steven Robert Pacelli, Jereme M Sylvain, Sadie Stern, Michael Jon Brown, Barry J Regan, Steven R Altman, Paul R Flynn, Shelly Ramasamy Selvaraj, Matthew Vincent Dolan, Bridgette P Heller, Chad Patterson, Andrew K Balo, Barbara Kahn, Richard Alexander Collins, Mark G Foletta, Patrick Michael Murphy and Nicholas Augustinos.
View institutional ownership trends
.

How do I buy shares of DexCom?

Shares of DXCM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of DexCom own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DexCom investors own include NVIDIA (NVDA), PayPal (PYPL), Alibaba Group (BABA), Netflix (NFLX), Tesla (TSLA), Salesforce (CRM) and ServiceNow (NOW).

This page (NASDAQ:DXCM) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners