Alert: Positive Investment/Fundamental Signals (11/27/23)-DexCom Inc (NASDAQ: DXCM)

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Recent extremely meaningful positive changes in investment behavior have benefitted DexCom Inc (NASDAQ: DXCM): its shorter term price trend turned up, and positive upside/downside volume developed.

DexCom Inc (NASDAQ: DXCM) has recently enjoyed meaningful positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, and the consensus estimate for December, 2023 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

With future capital returns forecasted to be above 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). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. DexCom has a slightly negative Power Rating of 39 and a very low Appreciation Score of 6, triggering the Lowest Value Trend Rating.

Recent Price Action

DexCom Inc (NASDAQ: DXCM) stock rose modestly by 0.9% on 11/27/23. The stock closed at $113.98. The stock has been weak relative to the market over the last nine months but has risen 8.8% during the last week.

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