Deep Dive Into DexCom Stock: Analyst Perspectives (5 Ratings)

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Across the recent three months, 5 analysts have shared their insights on DexCom DXCM, expressing a variety of opinions spanning from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 2 0 0 0
Last 30D 1 0 0 0 0
1M Ago 0 1 0 0 0
2M Ago 2 1 0 0 0
3M Ago 0 0 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $100.6, a high estimate of $115.00, and a low estimate of $91.00. Witnessing a positive shift, the current average has risen by 15.63% from the previous average price target of $87.00.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

A clear picture of DexCom's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Issie Kirby Redburn Atlantic Raises Buy $115.00 $85.00
Jeff Johnson Baird Raises Outperform $104.00 $86.00
Joanne Wuensch Citigroup Raises Buy $91.00 $85.00
Larry Biegelsen Wells Fargo Raises Overweight $94.00 $90.00
William Plovanic Canaccord Genuity Raises Buy $99.00 $89.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to DexCom. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of DexCom compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of DexCom's stock. This examination reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of DexCom's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on DexCom analyst ratings.

Get to Know DexCom Better

Dexcom designs and commercializes continuous glucose monitoring systems for diabetic patients. CGM systems serve as an alternative to the traditional blood glucose meter process, and the company is evolving its CGM systems to provide integration with insulin pumps from Insulet and Tandem for automatic insulin delivery.

DexCom: A Financial Overview

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Positive Revenue Trend: Examining DexCom's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.97% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Health Care sector.

Net Margin: DexCom's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 13.54%, the company may face hurdles in effective cost management.

Return on Equity (ROE): DexCom's ROE stands out, surpassing industry averages. With an impressive ROE of 6.1%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): DexCom's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 2.05%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: DexCom's debt-to-equity ratio surpasses industry norms, standing at 1.31. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Analyst Ratings: Simplified

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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