Stock Estimates watch: DexCom, Inc. (DXCM)

The shares of DexCom, Inc. (NASDAQ:DXCM) currently has mean rating of 1.90 while 9 analysts have recommended the shares as “BUY”, 6 recommended as “OUTPERFORM” and 4 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 132.48M by 16 analysts. The means estimate of sales for the year ending Dec-16 is 570.68M by 18 analysts.

The mean price target for the shares of DexCom, Inc. (DXCM) is at 88.69 while the highest price target suggested by the analysts is 112.00 and low price target is 56.75. The mean price target is calculated keeping in view the consensus of 17 brokerage firms.

The average estimate of EPS for the current fiscal quarter for DexCom, Inc. (DXCM) stands at -0.12 while the EPS for the current year is fixed at -0.36 by 18 analysts.

The next one year’s EPS estimate is set at 0.32 by 17 analysts while a year ago the analysts suggested the company’s EPS at -0.36. The analysts also projected the company’s long-term growth at 32.50% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, DexCom, Inc. (DXCM) reported earnings of $0.95. The posted earnings missed the analyst’s consensus by $-0.03 with the surprise factor of -15.00%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

DexCom, Inc. (DXCM) will present an update on DexCom at the following upcoming investor conference:

• Steven Pacelli, Executive Vice President, Strategy and Corporate Development, will present an update on the company at the William Blair 36^thAnnual Growth Stock Conference in Chicago, Illinois on Wednesday, June 15, 2016 at 4:40pm (CDT). The presentation, which will occur live at the Four Seasons Hotel, will be concurrently webcast.

The link to each webcast will be available on the DexCom website at www.dexcom.com by navigating to “Our Company,” then “Investor Relations,” and finally “Events and Webcasts” and will be archived there for future reference.