- Investing.com
IDEXX Laboratories, Inc. develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy. It offers in-clinic chemistry, blood and urine chemistry, hematology, immunoassay, urinalysis, cytology, and coagulation analyzers; and SNAP rapid assays test kits. The company also provides commercial reference laboratory diagnostic and consulting services to veterinarians; veterinary consultation, telemedicine, and advisory services, including radiology, dental radiography, cardiology, internal medicine, and ultrasound consulting; Colilert, Colilert-18, and Colisure tests, which detect the presence of total coliforms and E. coli in water; Enterolert, Pseudalert, Filta-Max and Filta-Max xpress, Legiolert, Quanti-Tray products, and Tecta system instruments; and veterinary software and services for independent veterinary clinics and corporate groups. In addition, it offers diagnostic tests, services, and related instrumentation for manage the health status of livestock and poultry; human medical diagnostic products and services; and VetConnect PLUS, a cloud-based technology that enables veterinarians to access and analyze patients, as well as operates VetLab Station. The company markets its products through marketing, customer service, sales, and technical service groups, as well as through independent distributors and other resellers. IDEXX Laboratories, Inc. was incorporated in 1983 and is headquartered in Westbrook, Maine.
Market Leadership | Explore IDEXX's dominance in veterinary diagnostics, balancing declining visits with increased utilization and innovative product launches |
Financial Resilience | Despite market headwinds, IDEXX maintains robust profitability with a 60.7% gross margin and 7.2% revenue growth, showcasing its financial strength |
Growth Projections | Analysts forecast sustainable double-digit top-line growth for IDEXX, with price targets ranging from $481 to $630, reflecting optimistic long-term outlook |
Strategic Innovation | Delve into IDEXX's product development strategy, including the inVue Dx Analyzer and IDXX Cancer Dx, driving competitive advantage in a evolving market |
Metrics to compare | IDXX | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipIDXXPeersSector | |
---|---|---|---|---|
P/E Ratio | 37.1x | −2.3x | −0.5x | |
PEG Ratio | 6.16 | 0.07 | 0.00 | |
Price/Book | 20.7x | 2.6x | 2.6x | |
Price / LTM Sales | 8.5x | 4.2x | 2.9x | |
Upside (Analyst Target) | 22.3% | 78.9% | 60.8% | |
Fair Value Upside | Unlock | 14.4% | 10.8% | Unlock |