Dexcom Inc (DXCM) is expecting -2.87% growth in the next quarter: What can investors do to maximize their returns?

Dexcom Inc (NASDAQ: DXCM) on Friday, plunged -0.18% from the previous trading day, before settling in for the closing price of $70.48. Within the past 52 weeks, DXCM’s price has moved between $62.34 and $142.00.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 28.80%. The company achieved an average annual earnings per share of 12.03%. With a float of $385.37 million, this company’s outstanding shares have now reached $385.40 million.

Considering the fact that the conglomerate employs 9600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 61.68%, operating margin of 15.88%, and the pretax margin is 18.81%.

Dexcom Inc (DXCM) Insider Activity

Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Dexcom Inc is 1.34%, while institutional ownership is 96.45%. The most recent insider transaction that took place on Sep 16 ’24, was worth 70,000. In this transaction Director of this company sold 1,000 shares at a rate of $70.00, taking the stock ownership to the 24,349 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Director proposed sale 1,000 for $70.00, making the entire transaction worth $70,000.

Dexcom Inc (DXCM) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.5 earnings per share (EPS) for the period topping the consensus outlook (set at 0.43) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 12.03% per share during the next fiscal year.

Dexcom Inc (NASDAQ: DXCM) Trading Performance Indicators

Dexcom Inc (DXCM) is currently performing well based on its current performance indicators. A quick ratio of 2.12 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.94. Likewise, its price to free cash flow for the trailing twelve months is 51.27.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.67, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.03 in one year’s time.

Technical Analysis of Dexcom Inc (DXCM)

Compared to the last year’s volume of 3.91 million, its volume of 4.02 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.57%. Additionally, its Average True Range was 2.09.

During the past 100 days, Dexcom Inc’s (DXCM) raw stochastic average was set at 14.19%, which indicates a significant decrease from 36.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.05% in the past 14 days, which was lower than the 90.30% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $69.94, while its 200-day Moving Average is $105.33. Nevertheless, the first resistance level for the watch stands at $71.00 in the near term. At $71.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $72.21. If the price goes on to break the first support level at $69.79, it is likely to go to the next support level at $69.23. Should the price break the second support level, the third support level stands at $68.58.

Dexcom Inc (NASDAQ: DXCM) Key Stats

Market capitalization of the company is 27.43 billion based on 390,595K outstanding shares. Right now, sales total 3,622 M and income totals 541,500 K. The company made 994,200 K in profit during its latest quarter, and 134,600 K in sales during its previous quarter.