Key Considerations Before Investing in DexCom (DXCM)

Shares of Health Care sector company DexCom moved 2.0% today, and are now trading at a price of $76.14. The Large-Cap stock's daily volume was 1,512,405 compared to its average volume of 4,313,859. The S&P 500 index returned a -1.0% performance.

DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally. The company is based in San Diego and has 9,500 full time employees. Its market capitalization is $29,739,902,976.

24 analysts are following DexCom and have set target prices ranging from $75.0 to $120.0 per share. On average, they have given the company a rating of buy. At today's prices, DXCM is trading -20.11% away from its average analyst target price of $95.31 per share.

Over the last year, DXCM shares have gone down by -28.9%, which represents a difference of -60.6% when compared to the S&P 500. The stock's 52 week high is $142.0 per share and its 52 week low is $62.34. With average free cash flows of $222.85 Million that have been growing at an average rate of 40.0% over the last 5 years, DexCom declining stock performance may not be reflective of the quality of its underlying business.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 748,500 236,600 511,900 68.0
2022 669,500 364,800 304,700 471.67
2021 442,500 389,200 53,300 -80.73
2020 475,600 199,000 276,600 105.65
2019 314,500 180,000 134,500 139.75
2018 123,200 67,100 56,100
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS