Dexcom Inc [NASDAQ: DXCM] traded at a high on Monday, posting a 0.83 gain after which it closed the day’ session at $70.09.
The results of the trading session contributed to over 4147034 shares changing hands. Over the past one week, the price volatility of Dexcom Inc stands at 2.63% while the volatility over the past one month is 3.40%.
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The market cap for DXCM stock reached $28.09 billion, with 400.73 million shares outstanding and 395.07 million shares in the current float. Compared to the average trading volume of 5.36M shares, DXCM reached a trading volume of 4147034 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Dexcom Inc [DXCM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DXCM shares is $96.18 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DXCM stock is a recommendation set at 1.59. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Dexcom Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 26, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price from $145 to $75. The new note on the price target was released on July 26, 2024, representing the official price target for Dexcom Inc stock. Previously, the target price had yet another raise to $130, while Redburn Atlantic analysts kept a Neutral rating on DXCM stock.
The Average True Range (ATR) for Dexcom Inc is set at 2.76, with the Price to Sales ratio for DXCM stock in the period of the last 12 months amounting to 7.14. The Price to Book ratio for the last quarter was 11.54, with the Price to Cash per share for the same quarter was set at 7.79. Price to Free Cash Flow for DXCM in the course of the last twelve months was 42.20 with Quick ratio for the last quarter at 2.48.
How has DXCM stock performed recently?
Dexcom Inc [DXCM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.55. With this latest performance, DXCM shares dropped by -3.14% in over the last four-week period, additionally sinking by -46.27% over the last 6 months – not to mention a drop of -30.98% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DXCM stock in for the last two-week period is set at 41.46, with the RSI for the last a single of trading hit 46.67, and the three-weeks RSI is set at 38.73 for Dexcom Inc [DXCM]. The present Moving Average for the last 50 days of trading for this stock 82.37, while it was recorded at 69.09 for the last single week of trading, and 114.23 for the last 200 days.
Dexcom Inc [DXCM]: Deeper insight into the fundamentals
Dexcom Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.48 and a Current Ratio set at 2.82.
Earnings analysis for Dexcom Inc [DXCM]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DXCM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dexcom Inc go to 16.20%.
Insider trade positions for Dexcom Inc [DXCM]
There are presently around $98.42%, or 98.72%% of DXCM stock, in the hands of institutional investors. The top three institutional holders of DXCM stocks are: VANGUARD GROUP INC with ownership of 46.51 million shares, which is approximately 11.9203%. BLACKROCK INC., holding 34.52 million shares of the stock with an approximate value of $$3.91 billion in DXCM stocks shares; and BLACKROCK INC., currently with $$1.85 billion in DXCM stock with ownership which is approximately 4.1796%.
