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IDEXX Laboratories Stock Price, News & Analysis (NASDAQ:IDXX)

$279.57
-2.69 (-0.95 %)
(As of 10/17/2019 06:54 AM ET)
Today's Range
$277.05
Now: $279.57
$281.31
50-Day Range
$265.47
MA: $276.72
$290.68
52-Week Range
$176.11
Now: $279.57
$292.17
Volume236,714 shs
Average Volume360,508 shs
Market Capitalization$24.07 billion
P/E Ratio65.63
Dividend YieldN/A
Beta0.82
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. Read More…

Industry, Sector and Symbol

Industry Diagnostic substances
Sub-IndustryHealth Care Equipment
SectorMedical
Current SymbolNASDAQ:IDXX
CUSIP45168D10
Phone207-556-0300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.21 billion
Cash Flow$5.41 per share
Book Value($0.11) per share
Price / Book-2,541.55

Profitability

Net Income$377.03 million

Miscellaneous

Employees8,377
Market Cap$24.07 billion
Next Earnings Date10/31/2019 (Confirmed)
OptionableOptionable

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IDEXX Laboratories (NASDAQ:IDXX) Frequently Asked Questions

What is IDEXX Laboratories' stock symbol?

IDEXX Laboratories trades on the NASDAQ under the ticker symbol "IDXX."

How were IDEXX Laboratories' earnings last quarter?

IDEXX Laboratories, Inc. (NASDAQ:IDXX) posted its quarterly earnings results on Thursday, August, 1st. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.06. The company earned $620.10 million during the quarter, compared to the consensus estimate of $627.10 million. IDEXX Laboratories had a return on equity of 765.45% and a net margin of 17.78%. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.23 EPS. View IDEXX Laboratories' Earnings History.

When is IDEXX Laboratories' next earnings date?

IDEXX Laboratories is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for IDEXX Laboratories.

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

IDEXX Laboratories issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided EPS guidance of $4.82-4.92 for the period, compared to the Thomson Reuters consensus estimate of $4.82. The company issued revenue guidance of $2, compared to the consensus revenue estimate of $2.41 billion.

What price target have analysts set for IDXX?

6 brokerages have issued twelve-month price targets for IDEXX Laboratories' shares. Their forecasts range from $276.00 to $300.00. On average, they anticipate IDEXX Laboratories' stock price to reach $287.67 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Price Targets for IDEXX Laboratories.

What is the consensus analysts' recommendation for IDEXX Laboratories?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDEXX Laboratories in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for IDEXX Laboratories.

What are Wall Street analysts saying about IDEXX Laboratories stock?

Here are some recent quotes from research analysts about IDEXX Laboratories stock:
  • 1. Canaccord Genuity analysts commented, "We think IDXX is likely due for a new product launch around 2020 or so, but whether they announce it at the Analyst Day, or VMX remains to be seen. We reiterate our Buy on IDXX and raise our PT to $285, as we roll forward to our new 2021 estimates. Q2 beat on the bottom, delivered small miss on the top. Q2 Adj. EPS of $1.43 (+16% rep, +19% FXN) beat our $1.35/Street’s $1.37 and OM of 26.5% (+140bps Y/Y) beat our 25.4%E, as G&A came in $5M below us (disciplined expense management, low benefit costs and LPD cost controls). Q2 revs of $620M (+7% rep., +9% FXN) missed our $625M/Street’s $627M (see shortfall rationale below). GMs of 57.7% grew 50bps Y/Y and matched us (helped by 2-3% price increases, and mix benefits). Q2 rev. shortfall." (8/2/2019)
  • 2. According to Zacks Investment Research, "IDEXX exited the first quarter on a promising note with better-than-expected earnings and revenues. Solid growth in organic revenues and a raised 2019 EPS guidance are encouraging. IDEXX witnessed strong gains in CAG Diagnostics recurring revenue and global premium instrument installed base in the quarter. The companion animal market fundamentals remain solid with tremendous global runway for growth. The innovation-based, multi-modality global strategy, enabled by enhanced commercial capability, accelerated recurring CAG Diagnostics revenue growth. Over the past three months, IDEXX outperformed its industry. On the flip side, Henry Schein’s recent spin out animal health business raises concern. This wing has merged with IDEXX’ peer Vet First Choice posing the company tough competition. Also, moderating global reference lab revenue growth along with high dependence on third-party distributors are a few overhangs for IDEXX." (5/3/2019)

Has IDEXX Laboratories been receiving favorable news coverage?

Media headlines about IDXX stock have been trending very negative recently, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. IDEXX Laboratories earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for IDEXX Laboratories.

Are investors shorting IDEXX Laboratories?

IDEXX Laboratories saw a decrease in short interest in September. As of September 30th, there was short interest totalling 1,160,000 shares, a decrease of 10.8% from the August 30th total of 1,300,000 shares. Based on an average daily volume of 389,500 shares, the days-to-cover ratio is presently 3.0 days. Currently, 1.4% of the company's shares are short sold. View IDEXX Laboratories' Current Options Chain.

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), Adobe (ADBE), Micron Technology (MU), Alibaba Group (BABA), Mastercard (MA), Intuitive Surgical (ISRG), Intel (INTC) and Home Depot (HD).

Who are IDEXX Laboratories' key executives?

IDEXX Laboratories' management team includes the folowing 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)

Who are IDEXX Laboratories' major shareholders?

IDEXX Laboratories' stock is owned by many different of retail and institutional investors. Top institutional shareholders include CIBC Private Wealth Group LLC (0.40%), Welch & Forbes LLC (0.21%), Scout Investments Inc. (0.07%), Woodstock Corp (0.05%), State of Alaska Department of Revenue (0.05%) and Spence Asset Management (0.04%). Company insiders that own IDEXX Laboratories stock include Brian P Mckeon, Bruce L Claflin, Daniel M Junius, Giovani Twigge, Jacqueline Studer, Jay Mazelsky, Jonathan W Ayers, Lawrence D Kingsley, M Anne Szostak, Michael Lane, Rebecca M Henderson, Sophie V Vandebroek and William T End. 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 CIBC Private Wealth Group LLC, Douglass Winthrop Advisors LLC, Bright Rock Capital Management LLC, Gateway Investment Advisers LLC, IMS Capital Management, CenturyLink Investment Management Co, Sumitomo Mitsui DS Asset Management Company Ltd and Bath Savings Trust Co. Company insiders that have sold IDEXX Laboratories company stock in the last year include Brian P Mckeon, Giovani Twigge, Jacqueline Studer, Jay Mazelsky, Jonathan W Ayers, M Anne Szostak, Michael Lane, Rebecca M Henderson and Sophie V Vandebroek. View Insider Buying and Selling 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 Scout Investments Inc., State of Alaska Department of Revenue, Decatur Capital Management Inc., Baldwin Brothers Inc. MA, First Hawaiian Bank, Pacer Advisors Inc., Spence Asset Management and Welch & Forbes LLC. Company insiders that have bought IDEXX Laboratories stock in the last two years include Bruce L Claflin and Lawrence D Kingsley. View Insider Buying and Selling 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 $279.57.

How big of a company is IDEXX Laboratories?

IDEXX Laboratories has a market capitalization of $24.07 billion and generates $2.21 billion in revenue each year. The company earns $377.03 million in net income (profit) each year or $4.26 on an earnings per share basis. IDEXX Laboratories employs 8,377 workers across the globe.View Additional Information About IDEXX Laboratories.

What is IDEXX Laboratories' official website?

The official website for IDEXX Laboratories is http://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]


MarketBeat Community Rating for IDEXX Laboratories (NASDAQ IDXX)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  440 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  731
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.
This page was last updated on 10/17/2019 by MarketBeat.com Staff

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