NASDAQ:IDXX IDEXX Laboratories Stock Forecast, Price & News Adding Choose a 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. Log In and Add $355.55 +1.35 (+0.38 %) (As of 09/18/2020 12:09 PM ET) Add Compare Share Today's Range$353.13Now: $355.55▼$358.8750-Day Range$362.36MA: $380.66▼$406.3152-Week Range$168.65Now: $355.55▼$407.86Volume3,312 shsAverage Volume574,196 shsMarket Capitalization$30.24 billionP/E Ratio67.21Dividend YieldN/ABeta0.81 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media IDEXX Laboratories, Inc., together with its subsidiaries, develops, manufactures, and distributes products and services primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets worldwide. The company operates through Companion Animal Group; Water Quality Products; Livestock, Poultry and Dairy; and Other segments. It provides point-of-care veterinary diagnostic products, including instruments, consumables, and rapid assay test kits; veterinary reference laboratory diagnostic and consulting services; practice management and diagnostic imaging systems and services for veterinarians; and health monitoring, biological materials testing, and laboratory animal diagnostic instruments and services for biomedical research community. The company also offers diagnostic and health-monitoring products for livestock, poultry, and dairy; products that test water for various microbiological contaminants; and point-of-care electrolytes and blood gas analyzers that are used in the human point-of-care medical diagnostics market. It 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 founded in 1983 and is headquartered in Westbrook, Maine.Read More Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingIDEXX Laboratories has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $374.25, IDEXX Laboratories has a forecasted upside of 4.8% from its current price of $356.96.Amount of Analyst CoverageIDEXX Laboratories has only been the subject of 3 research reports in the past 90 days. Previous Next 2.9 Community Rank Outperform VotesIDEXX Laboratories has received 476 “outperform” votes. (Add your “outperform” vote.)Underperform VotesIDEXX Laboratories has received 341 “underperform” votes. (Add your “underperform” vote.)Community SentimentIDEXX Laboratories has received 58.26% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about IDEXX Laboratories and other stocks. Vote “Outperform” if you believe IDXX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IDXX will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 1.0 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 $46,594,823.00 in company stock.Percentage Held by InsidersOnly 2.53% of the stock of IDEXX Laboratories is held by insiders.Percentage Held by Institutions87.01% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for IDEXX Laboratories are expected to grow by 12.37% in the coming year, from $5.66 to $6.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IDEXX Laboratories is 67.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.98.Price to Earnings Ratio vs. SectorThe P/E ratio of IDEXX Laboratories is 67.48, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 26.86.Price to Earnings Growth RatioIDEXX Laboratories has a PEG Ratio of 4.20. 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 172.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.5Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.21 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Diagnostic substances Sub-IndustryHealth Care Equipment SectorMedical Current SymbolNASDAQ:IDXX Previous Symbol CUSIP45168D10 CIK874716 Webwww.idexx.com Phone207-556-0300Debt Debt-to-Equity Ratio3.29 Current Ratio1.44 Quick Ratio1.02Price-To-Earnings Trailing P/E Ratio67.21 Forward P/E Ratio62.82 P/E Growth4.2 Sales & Book Value Annual Sales$2.41 billion Price / Sales12.56 Cash Flow$5.86 per share Price / Cash Flow60.68 Book Value$2.07 per share Price / Book171.76Profitability EPS (Most Recent Fiscal Year)$4.89 Net Income$427.72 million Net Margins18.59% Return on Equity241.52% Return on Assets24.77%Miscellaneous Employees9,200 Outstanding Shares85,055,000Market Cap$30.24 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $355.55 +1.35 (+0.38 %) (As of 09/18/2020 12:09 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive IDXX News and Ratings via Email Sign-up to receive the latest news and ratings for IDXX and its competitors with MarketBeat's FREE daily newsletter. IDEXX Laboratories (NASDAQ:IDXX) Frequently Asked Questions How has IDEXX Laboratories' stock been impacted by Coronavirus? IDEXX Laboratories' stock was trading at $245.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IDXX stock has increased by 45.1% and is now trading at $356.37. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of IDEXX Laboratories? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDEXX Laboratories in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for IDEXX Laboratories. When is IDEXX Laboratories' next earnings date? IDEXX Laboratories is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for IDEXX Laboratories. How were IDEXX Laboratories' earnings last quarter? IDEXX Laboratories, Inc. (NASDAQ:IDXX) posted its quarterly earnings results on Friday, July, 31st. The company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.55. The company earned $637.20 million during the quarter, compared to the consensus estimate of $589.98 million. IDEXX Laboratories had a return on equity of 241.52% and a net margin of 18.59%. The company's quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.43 earnings per share. View IDEXX Laboratories' earnings history. How will IDEXX Laboratories' stock buyback program work? IDEXX Laboratories declared that its board has initiated a share buyback plan on Wednesday, February 12th 2020, which authorizes the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued. What price target have analysts set for IDXX? 4 brokerages have issued 12 month price objectives for IDEXX Laboratories' stock. Their forecasts range from $310.00 to $422.00. On average, they anticipate IDEXX Laboratories' share price to reach $374.25 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price. View analysts' price targets for IDEXX Laboratories. Are investors shorting IDEXX Laboratories? IDEXX Laboratories saw a decrease in short interest in the month of August. As of August 14th, there was short interest totaling 1,370,000 shares, a decrease of 13.8% from the July 30th total of 1,590,000 shares. Based on an average daily volume of 506,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.6% of the company's stock are sold short. View IDEXX Laboratories' Short Interest. Who are some of IDEXX Laboratories' key competitors? Some companies that are related to IDEXX Laboratories include Abbott Laboratories (ABT), Medtronic (MDT), Intuitive Surgical (ISRG), Stryker (SYK), Becton Dickinson and (BDX), Boston Scientific (BSX), Edwards Lifesciences (EW), Baxter International (BAX), DexCom (DXCM), ResMed (RMD), Hologic (HOLX), Teleflex (TFX), Varian Medical Systems (VAR), Insulet (PODD) and Steris (STE). View all competitors. 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), Shopify (SHOP), Walt Disney (DIS) and Trade Desk (TTD). Who are IDEXX Laboratories' key executives? IDEXX Laboratories' management team includes the following people: Mr. Jonathan W. Ayers, Chairman, CEO & Pres (Age 63)Mr. Brian P. McKeon, CFO, Exec. VP & Treasurer (Age 57)Ms. Jacqueline L. Studer, Corp. VP, Gen. Counsel & Corp. Sec. (Age 60)Mr. Giovani Twigge, Chief HR Officer & Corp. VP (Age 55)Mr. Jay Mazelsky, Exec. VP of Companion Animal Group (Age 58) 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.08%), BlackRock Inc. (8.82%), Bamco Inc. NY (4.04%), Blair William & Co. IL (1.82%), Principal Financial Group Inc. (1.46%) and Neuberger Berman Group LLC (1.33%). Company insiders that own IDEXX Laboratories stock include Brian P Mckeon, Bruce L Claflin, Daniel M Junius, Giovani Twigge, Jacqueline Studer, James F Polewaczyk, Jay Mazelsky, Jonathan W Ayers, Lawrence D Kingsley, M Anne Szostak, Michael Lane, Nimrata Hunt, Rebecca M Henderson and Sophie V Vandebroek. View institutional ownership trends for IDEXX Laboratories. Which major investors are selling IDEXX Laboratories stock? IDXX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., CIBC Private Wealth Group LLC, Vanguard Group Inc., Two Sigma Advisers LP, FMR LLC, Man Group plc, Bamco Inc. NY, and Bank of Montreal Can. Company insiders that have sold IDEXX Laboratories company stock in the last year include Brian P Mckeon, Bruce L Claflin, Daniel M Junius, Giovani Twigge, James F Polewaczyk, Jonathan W Ayers, M Anne Szostak, Nimrata Hunt, and Rebecca M Henderson. View insider buying and selling activity for IDEXX Laboratories. Which major investors are buying IDEXX Laboratories stock? IDXX stock was bought by a variety of institutional investors in the last quarter, including WCM Investment Management LLC, First Trust Advisors LP, AMF Pensionsforsakring AB, Frontier Capital Management Co. LLC, Capital Investment Services of America Inc., Envestnet Asset Management Inc., Bellevue Group AG, and Natixis Advisors L.P.. View insider buying and selling activity for IDEXX Laboratories. How do I buy shares of IDEXX Laboratories? Shares of IDXX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is IDEXX Laboratories' stock price today? One share of IDXX stock can currently be purchased for approximately $356.37. How big of a company is IDEXX Laboratories? IDEXX Laboratories has a market capitalization of $30.31 billion and generates $2.41 billion in revenue each year. The company earns $427.72 million in net income (profit) each year or $4.89 on an earnings per share basis. IDEXX Laboratories employs 9,200 workers across the globe. What is IDEXX Laboratories' official website? The official website for IDEXX Laboratories is www.idexx.com. How can I contact IDEXX Laboratories? IDEXX Laboratories' mailing address is ONE IDEXX DRIVE, WESTBROOK ME, 04092. The company can be reached via phone at 207-556-0300 or via email at [email protected] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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