Alert: Positive Investment/Fundamental Signals (3/6/24)-DexCom Inc (NASDAQ: DXCM)

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Recent extremely meaningful positive changes in investment behavior have benefitted DexCom Inc (NASDAQ: DXCM): the stock rose on very heavy volume, and its longer term price trend turned up.

DexCom Inc (NASDAQ: DXCM) has recently enjoyed significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2025 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, DXCM is expected to continue to be a major Value Builder.

DexCom has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. DexCom has a very low Appreciation Score of 10 but a neutral Power Rating of 54, leading to the Lowest Value Trend Rating.

Recent Price Action

DexCom Inc (NASDAQ: DXCM) stock enjoyed a very large increase of 9.8% on 3/6/24. The shares closed at $133.72. Moreover, this advance was accompanied by exceptionally high trading volume at 307% of normal. The stock has performed in line with the market over the last nine months and has risen 16.0% during the last week.

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