DexCom Stock Near Crucial Support – Buy Signal?

DXCM: DexCom logo
DXCM
DexCom

DexCom (DXCM) stock should be on your watchlist. Here is why – it is currently trading in the support zone ($55.31 – $61.13), levels from which it has bounced meaningfully before. In the last 10 years, DexCom stock received buying interest at this level 5 times and subsequently went on to generate 66.2% in average peak returns.

  Peak Return Days to Peak Return
3/27/2020 147.7% 600
5/26/2022 100.2% 684
7/29/2024 15.1% 21
9/11/2024 32.5% 166
4/21/2025 35.4% 98

But is the price action enough alone? It certainly helps if the fundamentals check out. For DXCM Read Buy or Sell DXCM Stock to see how convincing this buy opportunity might be.

Markets swing. Quality endures. See how High Quality Portfolio stays balanced.

Here are some quick data points for DexCom that should help decision:

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  • Revenue Growth: 9.3% LTM and 17.3% last 3 year average.
  • Cash Generation: Nearly 13.3% free cash flow margin and 16.0% operating margin LTM.
  • Recent Revenue Shocks: The minimum annual revenue growth in last 3 years for DXCM was 9.3%.
  • Valuation: DXCM stock trades at a PE multiple of 39.9

For quick background, DexCom provides continuous glucose monitoring systems, including the next-generation G7 CGM, designed, developed, and commercialized for use in the U.S. and internationally.

  DXCM S&P Median
Sector Health Care
Industry Health Care Equipment
PE Ratio 39.9 23.6

   
LTM* Revenue Growth 9.3% 5.4%
3Y Average Annual Revenue Growth 17.3% 5.2%
Min Annual Revenue Growth Last 3Y 9.3% -0.1%

   
LTM* Operating Margin 16.0% 18.7%
3Y Average Operating Margin 15.8% 18.2%
LTM* Free Cash Flow Margin 13.3% 13.3%

*LTM: Last Twelve Months

What Is Stock-Specific Risk If The Market Crashes?

DXCM isn’t immune to big drops. It slid almost 87% in the Global Financial Crisis and took hits of around 48% in the 2018 correction and 58% during the inflation shock. Even the Covid pandemic caused a dip close to 37%. Favorable factors matter, but history shows this stock can still face sharp pullbacks when markets turn.

But the risk is not limited to major market crashes. Stocks fall even when markets are in good shape – think events like earnings, business updates, outlook changes. Read DXCM Dip Buyer Analyses to see how the stock has recovered from sharp dips in the past.

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.