NASDAQ:IDXX IDEXX Laboratories - IDXX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding IDEXX Laboratories, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $489.05 +3.54 (+0.73%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$485.64▼$493.4650-Day Range$454.86▼$514.5952-Week Range$317.06▼$560.92Volume256,928 shsAverage Volume502,421 shsMarket Capitalization$40.54 billionP/E Ratio60.90Dividend YieldN/APrice Target$520.63 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability IDEXX Laboratories MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside6.5% Upside$520.63 Price TargetShort InterestN/ADividend StrengthN/ASustainability-2.80Upright™ Environmental ScoreNews Sentiment0.87Based on 11 Articles This WeekInsider TradingSelling Shares$1.51 M Sold Last QuarterProj. Earnings Growth11.06%From $9.58 to $10.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.35 out of 5 starsMedical Sector264th out of 995 stocksDiagnostic Substances Industry5th out of 15 stocks 2.4 Analyst's Opinion Consensus RatingIDEXX Laboratories has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $520.63, IDEXX Laboratories has a forecasted upside of 6.5% from its current price of $489.05.Amount of Analyst CoverageIDEXX Laboratories has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for IDXX. Previous Next 0.0 Dividend Strength Dividend YieldIDEXX Laboratories does not currently pay a dividend.Dividend GrowthIDEXX Laboratories does not have a long track record of dividend growth. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIDEXX Laboratories has received a 20.02% net impact score from Upright. Idexx Laboratories seems to create the most significant positive value in categories "Taxes", "Nutrition", and "Jobs". The positive contribution in the "Nutrition" impact category is mostly driven by its "Veterinary x-rays", "Veterinary hematology analyzers", and "Veterinary services for livestock" products. See details.Environmental SustainabilityThe Environmental Impact score for IDEXX Laboratories is -2.80. Previous Next 3.8 News and Social Media Coverage News SentimentIDEXX Laboratories has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 11 news articles for IDEXX Laboratories this week, compared to 5 articles on an average week.Search Interest33 people have searched for IDXX on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.MarketBeat Follows12 people have added IDEXX Laboratories to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, IDEXX Laboratories insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,514,220.00 in company stock.Percentage Held by InsidersOnly 2.06% of the stock of IDEXX Laboratories is held by insiders.Percentage Held by Institutions87.90% of the stock of IDEXX Laboratories is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for IDEXX Laboratories are expected to grow by 11.06% in the coming year, from $9.58 to $10.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IDEXX Laboratories is 60.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.81.Price to Earnings Ratio vs. SectorThe P/E ratio of IDEXX Laboratories is 60.90, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 154.01.Price to Earnings Growth RatioIDEXX Laboratories has a PEG Ratio of 2.82. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIDEXX Laboratories has a P/B Ratio of 66.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About IDEXX Laboratories (NASDAQ:IDXX) StockIDEXX Laboratories, Inc. engages in the development, manufacture, and distribution of products and services for the animal veterinary, livestock and poultry, dairy, and water testing markets. It operates through the following segments: Companion Animal Group (CAG), Water Quality Products (Water), Livestock, Poultry, and Dairy (LPD), and Other. The CAG segment provides diagnostic and information management-based products and services for the companion animal veterinary industry, including in-clinic diagnostic solutions, outside reference laboratory services, and veterinary software and services. The Water segment offers innovative testing solutions for easy, rapid, and accurate detection and quantification of various microbiological parameters in water. The LPD segment develops diagnostic tests, services, and related instrumentation that are used to manage the health status of livestock and poultry, to improve producer efficiency, and to ensure the quality and safety of milk and food. The Other segment is composed of products for the human point-of-care medical diagnostics market with its out-licensing arrangements. The company was founded by David Evans Shaw on December 19, 1983, aRead More Receive IDXX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for IDEXX Laboratories and its competitors with MarketBeat's FREE daily newsletter. Email Address IDXX Stock News HeadlinesMarch 27, 2023 | americanbankingnews.comStockNews.com Lowers IDEXX Laboratories (NASDAQ:IDXX) to HoldMarch 26, 2023 | americanbankingnews.comIDEXX Laboratories (NASDAQ:IDXX) Price Target Raised to $590.00 at Morgan StanleyMarch 28, 2023 | Tradewins (Ad)Modern Day Options Trading For Beginners!These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. March 23, 2023 | markets.businessinsider.comAnalyst Expectations for IDEXX Laboratories's FutureMarch 18, 2023 | finance.yahoo.comThese 4 Measures Indicate That IDEXX Laboratories (NASDAQ:IDXX) Is Using Debt Reasonably WellMarch 18, 2023 | americanbankingnews.comIDEXX Laboratories, Inc. (NASDAQ:IDXX) Receives $514.75 Average Target Price from AnalystsMarch 17, 2023 | marketwatch.comIDEXX Laboratories Inc. stock rises Thursday, outperforms marketMarch 15, 2023 | benzinga.com$1000 Invested In IDEXX Laboratories 5 Years Ago Would Be Worth This Much TodayMarch 28, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 14, 2023 | finance.yahoo.comThe total return for IDEXX Laboratories (NASDAQ:IDXX) investors has risen faster than earnings growth over the last five yearsMarch 13, 2023 | msn.comWhat Does IDEXX Laboratories' Debt Look Like?March 8, 2023 | nasdaq.comWhy Is Idexx (IDXX) Down 6.6% Since Last Earnings Report?March 6, 2023 | benzinga.comA Look Into IDEXX Laboratories' DebtMarch 6, 2023 | finance.yahoo.comShould You Investigate IDEXX Laboratories, Inc. (NASDAQ:IDXX) At US$488?March 2, 2023 | benzinga.comIf You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,500 TodayMarch 1, 2023 | marketwatch.comIDEXX Laboratories Inc. stock outperforms market on strong trading dayMarch 1, 2023 | finance.yahoo.comHere's Why You Should Invest in IDEXX (IDXX) Stock Right NowFebruary 27, 2023 | finance.yahoo.comIDEXX (IDXX) Global Sales, Instrument Placement RobustFebruary 24, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Edwards Lifesciences, IDEXX Laboratories and HologicFebruary 23, 2023 | thestreet.comIdexx Reaches New 52-Week High (IDXX)February 23, 2023 | msn.comAre Medical Stocks Lagging IDEXX Laboratories (IDXX) This Year?February 23, 2023 | finance.yahoo.comAre Medical Stocks Lagging IDEXX Laboratories (IDXX) This Year?February 23, 2023 | finance.yahoo.com3 Medical Instruments Stocks to Buy Amid Improving Industry TrendsFebruary 21, 2023 | msn.comElanco drives animal health stocks lower as 2023 guidance disappointsFebruary 20, 2023 | finance.yahoo.comGroundbreaking IDEXX Study Reveals Opportunities to Increase Veterinary Practice ProductivityFebruary 16, 2023 | finance.yahoo.comWe Think IDEXX Laboratories (NASDAQ:IDXX) Can Stay On Top Of Its DebtFebruary 12, 2023 | finance.yahoo.comIDEXX Laboratories' (NASDAQ:IDXX) investors will be pleased with their strong 166% return over the last five yearsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive IDXX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for IDEXX Laboratories and its competitors with MarketBeat's FREE daily newsletter. Email Address IDXX Company Calendar Last Earnings2/06/2023Today3/27/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Diagnostic substances Sub-IndustryHealth Care Equipment SectorMedical Current SymbolNASDAQ:IDXX CUSIP45168D10 CIK874716 Webwww.idexx.com Phone(207) 556-0300Fax207-556-4346Employees10,780Year Founded1983Price Target and Rating Average Stock Price Forecast$520.63 High Stock Price Forecast$600.00 Low Stock Price Forecast$415.00 Forecasted Upside/Downside+6.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$8.03 Trailing P/E Ratio60.90 Forward P/E Ratio51.05 P/E Growth2.82Net Income$679.09 million Net Margins20.17% Pretax Margin25.54% Return on Equity124.51% Return on Assets25.66% Debt Debt-to-Equity Ratio1.14 Current Ratio0.89 Quick Ratio0.59 Sales & Book Value Annual Sales$3.37 billion Price / Sales12.04 Cash Flow$9.62 per share Price / Cash Flow50.83 Book Value$7.35 per share Price / Book66.54Miscellaneous Outstanding Shares82,903,000Free Float81,195,000Market Cap$40.54 billion OptionableOptionable Beta1.18 Social Links Key ExecutivesJonathan J. MazelskyPresident, Chief Executive Officer & DirectorJohn HartSenior Vice President-Global OperationsBrian Patrick McKeonChief Financial Officer, Treasurer & Executive VPKen GradyChief Information Officer & Senior VPMurthy YerramilliSenior Vice President-Research & DevelopmentKey CompetitorsHaleonNYSE:HLNBiogenNASDAQ:BIIBSeagenNASDAQ:SGENCenteneNYSE:CNCDexComNASDAQ:DXCMView All CompetitorsInsiders & InstitutionsETF Managers Group LLCSold 1,773 shares on 3/23/2023Ownership: 0.002%B. Riley Wealth Advisors Inc.Sold 246 shares on 3/15/2023Ownership: 0.001%Claro Advisors LLCBought 2,498 shares on 3/13/2023Ownership: 0.003%Victory Capital Management Inc.Bought 8,595 shares on 3/10/2023Ownership: 0.180%Rockefeller Capital Management L.P.Bought 81 shares on 3/6/2023Ownership: 0.062%View All Insider TransactionsView All Institutional Transactions IDXX Stock - Frequently Asked Questions Should I buy or sell IDEXX Laboratories stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDEXX Laboratories in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IDXX shares. View IDXX analyst ratings or view top-rated stocks. What is IDEXX Laboratories' stock price forecast for 2023? 8 Wall Street analysts have issued 12 month target prices for IDEXX Laboratories' shares. Their IDXX share price forecasts range from $415.00 to $600.00. On average, they expect the company's stock price to reach $520.63 in the next year. This suggests a possible upside of 6.5% from the stock's current price. View analysts price targets for IDXX or view top-rated stocks among Wall Street analysts. How have IDXX shares performed in 2023? IDEXX Laboratories' stock was trading at $407.96 at the start of the year. Since then, IDXX shares have increased by 19.9% and is now trading at $489.05. View the best growth stocks for 2023 here. When is IDEXX Laboratories' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our IDXX earnings forecast. How were IDEXX Laboratories' earnings last quarter? IDEXX Laboratories, Inc. (NASDAQ:IDXX) issued its quarterly earnings results on Monday, February, 6th. The company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.13. The firm earned $828.60 million during the quarter, compared to the consensus estimate of $820.91 million. IDEXX Laboratories had a net margin of 20.17% and a trailing twelve-month return on equity of 124.51%. The firm's revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.89 EPS. Read the conference call transcript. What ETFs hold IDEXX Laboratories' stock? ETFs with the largest weight of IDEXX Laboratories (NASDAQ:IDXX) stock in their portfolio include ProShares Pet Care ETF (PAWZ), Sterling Capital Focus Equity ETF (LCG), First Trust Water ETF (FIW), Invesco DWA Healthcare Momentum ETF (PTH), iShares U.S. Medical Devices ETF (IHI), Neuberger Berman Disrupters ETF (NBDS), AdvisorShares Dorsey Wright Alpha Equal Weight ETF (DWEQ) and QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM). What guidance has IDEXX Laboratories issued on next quarter's earnings? IDEXX Laboratories issued an update on its FY 2023 earnings guidance on Monday, February, 6th. The company provided earnings per share (EPS) guidance of $9.27-$9.75 for the period, compared to the consensus estimate of $9.50. The company issued revenue guidance of $3.59 billion-$3.69 billion, compared to the consensus revenue estimate of $3.62 billion. What is Jay Mazelsky's approval rating as IDEXX Laboratories' CEO? 40 employees have rated IDEXX Laboratories Chief Executive Officer Jay Mazelsky on Glassdoor.com. Jay Mazelsky has an approval rating of 69% among the company's employees. What other stocks do shareholders of IDEXX Laboratories own? Based on aggregate information from My MarketBeat watchlists, some companies that other IDEXX Laboratories investors own include NVIDIA (NVDA), Netflix (NFLX), PayPal (PYPL), Mastercard (MA), Adobe (ADBE), Tesla (TSLA), Alibaba Group (BABA), Block (SQ), Walt Disney (DIS) and Shopify (SHOP). What is IDEXX Laboratories' stock symbol? IDEXX Laboratories trades on the NASDAQ under the ticker symbol "IDXX." Who are IDEXX Laboratories' major shareholders? IDEXX Laboratories' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Moneta Group Investment Advisors LLC (8.99%), Fundsmith LLP (4.16%), Alliancebernstein L.P. (3.91%), Bamco Inc. NY (2.87%), Geode Capital Management LLC (2.32%) and American Century Companies Inc. (1.82%). Insiders that own company stock include Brian P Mckeon, Brian P Mckeon, Bruce L Claflin, Daniel M Junius, Giovani Twigge, James F Polewaczyk, James F Polewaczyk, Jonathan Jay Mazelsky, Jonathan W Ayers, Kathy V Turner, Kathy V Turner, M Anne Szostak, Michael Lane, Nimrata Hunt, Rebecca M Henderson and Sophie V Vandebroek. View institutional ownership trends. How do I buy shares of IDEXX Laboratories? Shares of IDXX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is IDEXX Laboratories' stock price today? One share of IDXX stock can currently be purchased for approximately $489.05. How much money does IDEXX Laboratories make? IDEXX Laboratories (NASDAQ:IDXX) has a market capitalization of $40.54 billion and generates $3.37 billion in revenue each year. The company earns $679.09 million in net income (profit) each year or $8.03 on an earnings per share basis. How many employees does IDEXX Laboratories have? The company employs 10,780 workers across the globe. How can I contact IDEXX Laboratories? IDEXX Laboratories' mailing address is ONE IDEXX DRIVE, WESTBROOK ME, 04092. The official website for the company is www.idexx.com. The company can be reached via phone at (207) 556-0300, via email at investorrelations@idexx.com, or via fax at 207-556-4346. This page (NASDAQ:IDXX) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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