IDEXX Laboratories Inc (IDXX)

NASDAQ
Currency in USD
406.65
-4.84(-1.18%)
Closed·
Pre Market
406.650.00(0.00%)
·
IDXX Scorecard
Full Analysis
Management has been aggressively buying back shares
Earnings results expected in 9 days
Fair Value
Day's Range
402.85412.31
52 wk Range
356.14548.88
Key Statistics
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Prev. Close
406.65
Open
409.47
Day's Range
402.85-412.31
52 wk Range
356.14-548.88
Volume
873.03K
Average Volume (3m)
854.45K
1-Year Change
-14.63%
Book Value / Share
19.48
Fair Value
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Fair Value Upside
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IDXX Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
493.21
Upside
+21.29%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings downwards for the upcoming period
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IDEXX Labs Company Profile

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.

IDEXX Laboratories Inc SWOT Analysis


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
Read full SWOT analysis

IDEXX Laboratories Inc Earnings Call Summary for Q3/2024

  • Q3 organic revenue up 6%, EPS rose 11% YoY to $2.80; full-year guidance revised to 5.3%-6% growth
  • CAG diagnostics recurring revenue growth adjusted to 5.8%-6.4%; total 2024 revenue forecast $3.865B-$3.890B
  • Strong gross margins at 61.1%; customer retention over 97%; growth in premium instrument installed base
  • Q4 organic growth projected at 3%; recurring revenue growth 3.5%-4%; long-term pet care spending outlook positive
  • New product launches, including IDEXX inVue Dx Cellular Analyzer, expected to drive future growth
Last Updated: 01/11/2024, 13:22
Read Full Transcript

Compare IDXX to Peers and Sector

Metrics to compare
IDXX
Peers
Sector
Relationship
P/E Ratio
37.1x−2.3x−0.5x
PEG Ratio
6.160.070.00
Price/Book
20.7x2.6x2.6x
Price / LTM Sales
8.5x4.2x2.9x
Upside (Analyst Target)
22.3%78.9%60.8%
Fair Value Upside
Unlock14.4%10.8%Unlock

Analyst Ratings

6 Buy
7 Hold
0 Sell
Ratings:
13 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 493.21
(+21.29% Upside)

Earnings

Latest Release
Feb 03, 2025
EPS / Forecast
2.62 / 2.39
Revenue / Forecast
954.28M / 933.38M
EPS Revisions
Last 90 days

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FAQ

What Is the IDEXX Labs (IDXX) Stock Price Today?

The IDEXX Labs stock price today is 406.65

What Stock Exchange Does IDEXX Labs Trade On?

IDEXX Labs is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for IDEXX Labs?

The stock symbol for IDEXX Labs is "IDXX."

What Is the IDEXX Labs Market Cap?

As of today, IDEXX Labs market cap is 32.95B.

What is IDEXX Labs Earnings Per Share?

The IDEXX Labs EPS is 10.77.

What Is the Next IDEXX Labs Earnings Date?

IDEXX Labs will release its next earnings report on 30 Apr 2025.

From a Technical Analysis Perspective, Is IDXX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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