Dexcom Inc (NASDAQ:DXCM) has a beta value of 1.18 and has seen 1.14 million shares traded in the recent trading session. The company, currently valued at $27.62B, closed the recent trade at $68.93 per share which meant it gained $1.83 on the day or 2.73% during that session. The DXCM stock price is -106.01% off its 52-week high price of $142.00 and 9.56% above the 52-week low of $62.34. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.15 million shares traded. The 3-month trading volume is 5.78 million shares.
The consensus among analysts is that Dexcom Inc (DXCM) is Buy stock at the moment, with a recommendation rating of 1.56. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 12 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.43.
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Dexcom Inc (NASDAQ:DXCM) trade information
Sporting 2.73% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the DXCM stock price touched $68.93 or saw a rise of 1.56%. Year-to-date, Dexcom Inc shares have moved -44.45%, while the 5-day performance has seen it change -0.99%. Over the past 30 days, the shares of Dexcom Inc (NASDAQ:DXCM) have changed -0.02%. Short interest in the company has seen 9.55 million shares shorted with days to cover at 2.34.
Wall Street analysts have a consensus price target for the stock at $95, which means that the shares’ value could jump 27.44% from the levels at last check today. The projected low price target is $28.125 while the price target rests at a high of $146.0. In that case, then, we find that the latest price level in today’s session is -111.81% off the targeted high while a plunge would see the stock lose 59.2% from the levels at last check today.
Dexcom Inc (DXCM) estimates and forecasts
Figures show that Dexcom Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -48.51% over the past 6 months, with this year growth rate of 11.18%, compared to 13.80% for the industry. Revenue growth from the last financial year stood is estimated to be 10.80%.
21 analysts offering their estimates for the company have set an average revenue estimate of 990.98M for the current quarter. 21 have an estimated revenue figure of 1.1B for the next ending quarter.
Earnings growth for 2024 is a modest 11.47% while over the next 5 years, the company’s earnings are expected to increase by 23.00%.
DXCM Dividends
Dexcom Inc is expected to release its next earnings report on 2024-Oct-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Dexcom Inc (NASDAQ:DXCM)’s Major holders
Insiders own 0.31% of the company shares, while shares held by institutions stand at 98.27% with a share float percentage of 98.57%. Investors are also buoyed by the number of investors in a company, with Dexcom Inc having a total of 1463.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 46.51 million shares worth more than $5.27 billion. As of 2024-06-30, VANGUARD GROUP INC held 11.9203% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 34.52 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.91 billion and represent 8.8466% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Jun 30, 2024, the former fund manager holds about 3.14% shares in the company for having 12.58 shares of worth $864.91 million while later fund manager owns 10.21 shares of worth $702.03 million as of Jun 30, 2024, which makes it owner of about 2.55% of company’s outstanding stock.
