For its first fiscal quarter (ending March 31), DexCom Inc (NASDAQ: DXCM) has reported E.P.S. of $0.38 compared to $0.13 a year ago. E.P.S. were $1.66 for the latest four quarters through March 31 versus $0.76 for the same period a year ago.
Recent Price Action
DexCom Inc (NASDAQ: DXCM) stock rose slightly by 0.1% on 4/25/24. The stock closed at $138.01. Moreover, above average trading volume at 137% of normal accompanied the advance. The stock has risen 3.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
DXCM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
DexCom has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. DexCom has a very low Appreciation Score of 9 but a good Power Rating of 83, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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