NASDAQ:IDXX

IDEXX Laboratories Stock Forecast, Price & News

$593.52
+1.26 (+0.21 %)
(As of 06/16/2021 12:00 AM ET)
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Today's Range
$587.98
$597.48
50-Day Range
$499.66
$593.52
52-Week Range
$310.10
$597.48
Volume407,655 shs
Average Volume418,120 shs
Market Capitalization$50.62 billion
P/E Ratio76.39
Dividend YieldN/A
Beta0.89
30 days | 90 days | 365 days | Advanced Chart
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IDEXX Laboratories logo

About IDEXX Laboratories

IDEXX Laboratories, Inc. 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 CAG; 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 and SARS-CoV-2 RT-PCR that are used in the human point-of-care medical diagnostics market; in-clinic chemistry, blood and urine chemistry, hematology, and SediVue Dx analyzers; SNAP rapid assays test kits. In addition, it provides 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, and Quanti-Tray products; veterinary software and services for independent veterinary clinics and corporate groups. 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.

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MarketRank

Overall MarketRank

1.46 out of 5 stars

Medical Sector

650th out of 2,102 stocks

Diagnostic Substances Industry

13th out of 35 stocks

Analyst Opinion: 1.5Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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IDEXX Laboratories (NASDAQ:IDXX) Frequently Asked Questions

Is IDEXX Laboratories a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDEXX Laboratories in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IDEXX Laboratories stock.
View analyst ratings for IDEXX Laboratories
or view top-rated stocks.

What stocks does MarketBeat like better than IDEXX Laboratories?

Wall Street analysts have given IDEXX Laboratories a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but IDEXX Laboratories wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting IDEXX Laboratories?

IDEXX Laboratories saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 860,000 shares, an increase of 22.6% from the May 13th total of 701,300 shares. Based on an average daily volume of 379,700 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.0% of the shares of the company are short sold.
View IDEXX Laboratories' Short Interest
.

When is IDEXX Laboratories' next earnings date?

IDEXX Laboratories is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for IDEXX Laboratories
.

How were IDEXX Laboratories' earnings last quarter?

IDEXX Laboratories, Inc. (NASDAQ:IDXX) released its quarterly earnings data on Tuesday, May, 4th. The company reported $2.35 EPS for the quarter, topping the consensus estimate of $1.72 by $0.63. The firm earned $777.71 million during the quarter, compared to analyst estimates of $738.43 million. IDEXX Laboratories had a trailing twelve-month return on equity of 131.51% and a net margin of 23.59%. The business's revenue was up 24.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.29 earnings per share.
View IDEXX Laboratories' earnings history
.

How has IDEXX Laboratories' stock price 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 141.7% and is now trading at $593.52.
View which stocks have been most impacted by COVID-19
.

How will IDEXX Laboratories' stock buyback program work?

IDEXX Laboratories announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 12th 2020, which allows the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

What guidance has IDEXX Laboratories issued on next quarter's earnings?

IDEXX Laboratories issued an update on its FY 2021 earnings guidance on Tuesday, May, 18th. The company provided earnings per share (EPS) guidance of 7.880-8.180 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.570. The company issued revenue guidance of $3.11 billion-$3.16 billion, compared to the consensus revenue estimate of $3.09 billion.

What price target have analysts set for IDXX?

5 brokers have issued 1 year target prices for IDEXX Laboratories' shares. Their forecasts range from $375.00 to $616.00. On average, they anticipate IDEXX Laboratories' stock price to reach $474.60 in the next year. This suggests that the stock has a possible downside of 20.0%.
View analysts' price targets for IDEXX Laboratories
or view top-rated stocks among Wall Street analysts.

Who are IDEXX Laboratories' key executives?

IDEXX Laboratories' management team includes the following people:
  • Mr. Jonathan J. Mazelsky, Pres, CEO & Director (Age 60, Pay $2.54M)
  • Mr. Brian P. McKeon, CFO, Exec. VP & Treasurer (Age 59, Pay $1.35M)
  • Ms. Sharon E. Underberg, Sr. VP, Gen. Counsel & Corp. Sec. (Age 60, Pay $881.05k)
  • Mr. Jonathan W. Ayers, Sr. Advisor & Director (Age 65, Pay $169.87k)
  • Mr. James F. Polewaczyk, Exec. VP & Chief Commercial Officer (Age 57, Pay $1.11M)
  • Mr. Michael J. Lane, Exec. VP and GM of Reference Laboratories & Information Technology (Age 53, Pay $1.11M)
  • Mr. John Hart, Sr. VP of Worldwide Operations
  • Mr. Jeffery D. Chadbourne, Sr. Director of Accounting & Financial Reporting (Age 45)
  • Mr. Jeffrey Thomas, Sr. VP & Chief Technology Officer
  • Mr. Ken Grady, Sr. VP & Chief Information Officer

What is Jay Mazelsky's approval rating as IDEXX Laboratories' CEO?

40 employees have rated IDEXX Laboratories CEO Jay Mazelsky on Glassdoor.com. Jay Mazelsky has an approval rating of 69% among IDEXX Laboratories' employees.

Who are some of IDEXX Laboratories' key 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), Square (SQ), The 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (9.19%), Bamco Inc. NY (3.41%), Geode Capital Management LLC (1.91%), Blair William & Co. IL (1.63%), Alliancebernstein L.P. (1.57%) and Price T Rowe Associates Inc. MD (1.49%). Company insiders that own IDEXX Laboratories stock include Brian P Mckeon, Bruce L Claflin, Daniel M Junius, Giovani Twigge, James F Polewaczyk, Jay Mazelsky, Jonathan Jay Mazelsky, Jonathan W Ayers, Kathy V Turner, 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 Price T Rowe Associates Inc. MD, Bamco Inc. NY, Neuberger Berman Group LLC, Ameriprise Financial Inc., Putnam Investments LLC, Ardevora Asset Management LLP, Lord Abbett & CO. LLC, and Morgan Stanley. 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 Jay Mazelsky, Jonathan W Ayers, Kathy V Turner, M Anne Szostak, Michael Lane, Nimrata Hunt, Rebecca M Henderson, and Sophie V Vandebroek.
View insider buying and selling activity for IDEXX Laboratories
or view top insider-selling stocks.

Which major investors are buying IDEXX Laboratories stock?

IDXX stock was acquired by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Franklin Resources Inc., Allianz Asset Management GmbH, Acadian Asset Management LLC, Rock Springs Capital Management LP, Brown Advisory Inc., Geode Capital Management LLC, and Canada Pension Plan Investment Board.
View insider buying and selling activity for IDEXX Laboratories
or or view top insider-buying stocks.

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 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 $593.52.

How much money does IDEXX Laboratories make?

IDEXX Laboratories has a market capitalization of $50.62 billion and generates $2.71 billion in revenue each year. The company earns $581.78 million in net income (profit) each year or $6.71 on an earnings per share basis.

How many employees does IDEXX Laboratories have?

IDEXX Laboratories employs 9,300 workers across the globe.

When was IDEXX Laboratories founded?

IDEXX Laboratories was founded in 1983.

What is IDEXX Laboratories' official website?

The official website for IDEXX Laboratories is www.idexx.com.

Where are IDEXX Laboratories' headquarters?

IDEXX Laboratories is headquartered at ONE IDEXX DRIVE, WESTBROOK ME, 04092.

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 6/17/2021 by MarketBeat.com Staff
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