DexCom (DXCM) Set to Announce Quarterly Earnings on Thursday
DexCom (NASDAQ:DXCM) is set to announce its earnings results after the market closes on Thursday, February 21st. Analysts expect the company to announce earnings of $0.14 per share for the quarter.
Shares of NASDAQ DXCM opened at $147.90 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.71 and a quick ratio of 4.43. DexCom has a 1-year low of $53.30 and a 1-year high of $155.85. The firm has a market cap of $13.19 billion, a P/E ratio of -255.00 and a beta of 0.84.
A number of research firms have commented on DXCM. Raymond James raised their target price on DexCom from $125.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, October 23rd. Oppenheimer set a $150.00 target price on DexCom and gave the company a “buy” rating in a report on Wednesday, November 7th. Piper Jaffray Companies raised their target price on DexCom to $157.00 and gave the company an “overweight” rating in a report on Wednesday, November 7th. Stephens raised their target price on DexCom from $170.00 to $160.00 and gave the company an “overweight” rating in a report on Wednesday, November 7th. Finally, Jefferies Financial Group raised their target price on DexCom to $148.00 and gave the company a “buy” rating in a report on Wednesday, November 7th. Seven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $143.53.
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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 offers its systems for ambulatory use by people with diabetes; and for use by healthcare providers. Its products include DexCom G5 mobile continuous glucose monitoring system to communicate directly to patient's mobile device; DexCom G4 PLATINUM system for continuous use by adults with diabetes; and DexCom Share, a remote monitoring system.
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