DXCM vs. MMM, RMD, BAX, PODD, TFX, NVCR, BSX, WST, EW, and COR
Should you be buying DexCom stock or one of its competitors? The main competitors of DexCom include 3M (MMM), ResMed (RMD), Baxter International (BAX), Insulet (PODD), Teleflex (TFX), NovoCure (NVCR), Boston Scientific (BSX), West Pharmaceutical Services (WST), Edwards Lifesciences (EW), and Cencora (COR).
DexCom (NASDAQ:DXCM) and 3M (NYSE:MMM) are both large-cap medical companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, community ranking, media sentiment, risk, institutional ownership, dividends, profitability, valuation and analyst recommendations.
97.8% of DexCom shares are owned by institutional investors. Comparatively, 65.3% of 3M shares are owned by institutional investors. 0.4% of DexCom shares are owned by insiders. Comparatively, 0.3% of 3M shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
DexCom currently has a consensus target price of $141.67, indicating a potential upside of 13.93%. 3M has a consensus target price of $104.00, indicating a potential upside of 13.25%. Given DexCom's stronger consensus rating and higher probable upside, equities research analysts clearly believe DexCom is more favorable than 3M.
DexCom has higher earnings, but lower revenue than 3M. 3M is trading at a lower price-to-earnings ratio than DexCom, indicating that it is currently the more affordable of the two stocks.
In the previous week, DexCom had 16 more articles in the media than 3M. MarketBeat recorded 35 mentions for DexCom and 19 mentions for 3M. DexCom's average media sentiment score of 0.69 beat 3M's score of 0.63 indicating that DexCom is being referred to more favorably in the media.
DexCom received 68 more outperform votes than 3M when rated by MarketBeat users. Likewise, 71.98% of users gave DexCom an outperform vote while only 59.46% of users gave 3M an outperform vote.
DexCom has a net margin of 16.82% compared to 3M's net margin of -21.40%. 3M's return on equity of 62.45% beat DexCom's return on equity.
DexCom has a beta of 1.2, indicating that its stock price is 20% more volatile than the S&P 500. Comparatively, 3M has a beta of 1.02, indicating that its stock price is 2% more volatile than the S&P 500.
Summary
DexCom beats 3M on 16 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DXCM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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