IDEXX Laboratories Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 37 out of 205 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 768.16.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of IDEXX Laboratories Inc is 8.86, ranking 27 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 1.11B, representing a year-over-year increase of 13.29%, while its net profit experienced a year-over-year increase of 17.94%.
Key Metrics
The current valuation score of IDEXX Laboratories Inc is 4.64, ranking 190 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is 53.26, which is 18.98% below the recent high of 63.37 and 37.89% above the recent low of 33.08.
The current earnings forecast score of IDEXX Laboratories Inc is 8.00, ranking 60 out of 205 in the Healthcare Equipment & Supplies industry. The average price target is 787.50, with a high of 850.00 and a low of 475.21.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of IDEXX Laboratories Inc is 6.84, ranking 75 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 714.78 and the support level at 650.26, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of IDEXX Laboratories Inc is 10.00, ranking 1 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 95.05%, representing a quarter-over-quarter decrease of 2.21%. The largest institutional shareholder is The Vanguard, holding a total of 9.93M shares, representing 12.43% of shares outstanding, with 2.57% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of IDEXX Laboratories Inc is 7.69, ranking 33 out of 205 in the Healthcare Equipment & Supplies industry. The company's beta value is 1.67. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
