The price of Dexcom Inc (NASDAQ:DXCM) shares last traded on Wall Street rose 5.52% to $84.84.
DXCM stock price is now 10.06% away from the 50-day moving average and -8.88% away from the 200-day moving average. The market capitalization of the company currently stands at $33.14B.
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With the price target enhanced from $86 to $104, Robert W. Baird Upgraded its rating from Neutral to Outperform for Dexcom Inc (NASDAQ: DXCM). On July 26, 2024, Robert W. Baird Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $161 to quote $80, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Stern Sadie, EVP, Chief HR Officer sold 424 shares of the company’s stock on Dec 16 ’24. The stock was sold for $32,593 at an average price of $76.87. Upon completion of the transaction, the EVP, Chief HR Officer now directly owns 70,768 shares in the company, valued at $6.0 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16 ’24, EVP, Chief Financal Officer Sylvain Jereme M sold 744 shares of the business’s stock. A total of $57,191 was realized by selling the stock at an average price of $76.87. This leaves the insider owning 80,030 shares of the company worth $6.79 million. A total of 1.26% of the company’s stock is owned by insiders.
During the past 12 months, Dexcom Inc has had a low of $62.34 and a high of $142.00. As of last week, the company has a debt-to-equity ratio of 1.31, a current ratio of 2.46, and a quick ratio of 2.12. According to the stock market information, the enterprise value for the company is $33225295872, which is based on a 50.86 price-to-earnings ratio, a 2.36 price-to-earnings-growth ratio, and a beta of 1.13. The fifty day moving average price for DXCM is $77.0866 and a two-hundred day moving average price translates $93.10825 for the stock.
The latest earnings results from Dexcom Inc (NASDAQ: DXCM) was released for 2024-09-30. The net profit margin was 17.22% and return on equity was 32.06% for DXCM. The company reported revenue of $994.2 million for the quarter, compared to $975.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.97 percent.
