DXCM vs. MMM, ABMD, BAX, ABT, ISRG, SYK, BSX, MDT, BDX, and EW
Should you be buying DexCom stock or one of its competitors? The main competitors of DexCom include 3M (MMM), Abiomed (ABMD), Baxter International (BAX), Abbott Laboratories (ABT), Intuitive Surgical (ISRG), Stryker (SYK), Boston Scientific (BSX), Medtronic (MDT), Becton, Dickinson and Company (BDX), and Edwards Lifesciences (EW).
DexCom (NASDAQ:DXCM) and 3M (NYSE:MMM) are both large-cap medical companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, risk, analyst recommendations, media sentiment, earnings, valuation, institutional ownership, dividends and profitability.
DexCom has a net margin of 16.82% compared to 3M's net margin of -21.57%. 3M's return on equity of 95.80% beat DexCom's return on equity.
97.8% of DexCom shares are held by institutional investors. Comparatively, 65.3% of 3M shares are held by institutional investors. 0.3% of DexCom shares are held by company insiders. Comparatively, 0.3% of 3M shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
DexCom has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500. Comparatively, 3M has a beta of 0.96, suggesting that its stock price is 4% less volatile than the S&P 500.
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.
DexCom presently has a consensus target price of $140.94, indicating a potential upside of 21.72%. 3M has a consensus target price of $110.36, indicating a potential upside of 9.42%. Given DexCom's stronger consensus rating and higher possible upside, research analysts plainly believe DexCom is more favorable than 3M.
DexCom received 62 more outperform votes than 3M when rated by MarketBeat users. Likewise, 71.88% of users gave DexCom an outperform vote while only 59.58% of users gave 3M an outperform vote.
In the previous week, 3M had 13 more articles in the media than DexCom. MarketBeat recorded 25 mentions for 3M and 12 mentions for DexCom. DexCom's average media sentiment score of 1.03 beat 3M's score of 0.86 indicating that DexCom is being referred to more favorably in the media.
Summary
DexCom beats 3M on 14 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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