Market Highlights: Dexcom Inc (DXCM) Ends on a Low Note at 113.01

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Dexcom Inc (NASDAQ: DXCM) closed at $113.01 in the last session, down -0.92% from day before closing price of $114.06. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 1.76 million shares were traded. DXCM stock price reached its highest trading level at $114.77 during the session, while it also had its lowest trading level at $112.063.

Ratios:

We take a closer look at DXCM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 77.02. For the most recent quarter (mrq), Quick Ratio is recorded 2.53 and its Current Ratio is at 2.90. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.14.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Redburn Atlantic on May 30, 2024, initiated with a Neutral rating and assigned the stock a target price of $130.

On March 12, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $165.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 28 ’24 when Brown Michael Jon sold 659 shares for $114.29 per share. The transaction valued at 75,317 led to the insider holds 66,901 shares of the business.

FOLETTA MARK G sold 3,306 shares of DXCM for $386,122 on Jun 18 ’24. The Director now owns 56,398 shares after completing the transaction at $116.79 per share. On Jun 17 ’24, another insider, FOLETTA MARK G, who serves as the Director of the company, sold 2,694 shares for $117.26 each. As a result, the insider received 315,907 and left with 59,704 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DXCM now has a Market Capitalization of 44942270464 and an Enterprise Value of 45052919808. As of this moment, Dexcom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 72.96, and their Forward P/E ratio for the next fiscal year is 50.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.82 while its Price-to-Book (P/B) ratio in mrq is 19.92. Its current Enterprise Value per Revenue stands at 11.85 whereas that against EBITDA is 53.097.

Stock Price History:

The Beta on a monthly basis for DXCM is 1.15, which has changed by -0.17305881 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, DXCM has reached a high of $142.00, while it has fallen to a 52-week low of $74.75. The 50-Day Moving Average of the stock is -5.87%, while the 200-Day Moving Average is calculated to be -3.60%.

Shares Statistics:

According to the various share statistics, DXCM traded on average about 2.75M shares per day over the past 3-months and 2189510 shares per day over the past 10 days. A total of 397.68M shares are outstanding, with a floating share count of 391.50M. Insiders hold about 1.55% of the company’s shares, while institutions hold 93.73% stake in the company. Shares short for DXCM as of 1719532800 were 10312124 with a Short Ratio of 3.74, compared to 1717113600 on 8739154. Therefore, it implies a Short% of Shares Outstanding of 10312124 and a Short% of Float of 2.93.

Most Popular