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IDEXX Laboratories NasdaqGS:IDXX Stock Report

Last Price

US$412.26

Market Cap

US$33.5b

7D

-4.6%

1Y

-25.6%

Updated

20 Dec, 2024

Data

Company Financials +

IDEXX Laboratories, Inc.

NasdaqGS:IDXX Stock Report

Market Cap: US$33.5b

IDXX Stock Overview

Develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets in Africa, the Asia Pacific, Canada, Europe, Latin America, and internationally. More details

IDXX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends0/6

My Notes

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Community Narratives

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US$478.62
FV
13.9% undervalued intrinsic discount
7.96%
Revenue growth p.a.
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1users have followed this narrative
2 days ago author updated this narrative

IDEXX Laboratories, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for IDEXX Laboratories
Historical stock prices
Current Share PriceUS$412.26
52 Week HighUS$583.39
52 Week LowUS$398.50
Beta1.37
1 Month Change-1.52%
3 Month Change-18.64%
1 Year Change-25.59%
3 Year Change-36.09%
5 Year Change56.17%
Change since IPO43,511.00%

Recent News & Updates

At US$420, Is It Time To Put IDEXX Laboratories, Inc. (NASDAQ:IDXX) On Your Watch List?

Nov 19
At US$420, Is It Time To Put IDEXX Laboratories, Inc. (NASDAQ:IDXX) On Your Watch List?

IDEXX Laboratories Q3: Weak End-Market Demand Continues

Nov 11

Recent updates

At US$420, Is It Time To Put IDEXX Laboratories, Inc. (NASDAQ:IDXX) On Your Watch List?

Nov 19
At US$420, Is It Time To Put IDEXX Laboratories, Inc. (NASDAQ:IDXX) On Your Watch List?

IDEXX Laboratories Q3: Weak End-Market Demand Continues

Nov 11

Investors Appear Satisfied With IDEXX Laboratories, Inc.'s (NASDAQ:IDXX) Prospects

Oct 28
Investors Appear Satisfied With IDEXX Laboratories, Inc.'s (NASDAQ:IDXX) Prospects

Here's Why We Think IDEXX Laboratories (NASDAQ:IDXX) Is Well Worth Watching

Oct 15
Here's Why We Think IDEXX Laboratories (NASDAQ:IDXX) Is Well Worth Watching

We Think IDEXX Laboratories (NASDAQ:IDXX) Can Manage Its Debt With Ease

Sep 18
We Think IDEXX Laboratories (NASDAQ:IDXX) Can Manage Its Debt With Ease

A Look At The Intrinsic Value Of IDEXX Laboratories, Inc. (NASDAQ:IDXX)

Sep 05
A Look At The Intrinsic Value Of IDEXX Laboratories, Inc. (NASDAQ:IDXX)

What Is IDEXX Laboratories, Inc.'s (NASDAQ:IDXX) Share Price Doing?

Aug 20
What Is IDEXX Laboratories, Inc.'s (NASDAQ:IDXX) Share Price Doing?

IDEXX Laboratories Q2: Headwinds From Low U.S. Clinical Visits

Aug 12

A Look Into IDEXX Laboratories' (NASDAQ:IDXX) Impressive Returns On Capital

Jul 02
A Look Into IDEXX Laboratories' (NASDAQ:IDXX) Impressive Returns On Capital

Looking For Fast Growth In Healthcare? IDEXX Has You Covered

Jun 28

Here's Why IDEXX Laboratories (NASDAQ:IDXX) Has Caught The Eye Of Investors

Jun 04
Here's Why IDEXX Laboratories (NASDAQ:IDXX) Has Caught The Eye Of Investors

Should You Think About Buying IDEXX Laboratories, Inc. (NASDAQ:IDXX) Now?

May 21
Should You Think About Buying IDEXX Laboratories, Inc. (NASDAQ:IDXX) Now?

IDEXX Laboratories, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

May 03
IDEXX Laboratories, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

What IDEXX Laboratories, Inc.'s (NASDAQ:IDXX) P/E Is Not Telling You

Apr 27
What IDEXX Laboratories, Inc.'s (NASDAQ:IDXX) P/E Is Not Telling You

IDEXX Laboratories (NASDAQ:IDXX) Has A Rock Solid Balance Sheet

Apr 11
IDEXX Laboratories (NASDAQ:IDXX) Has A Rock Solid Balance Sheet

IDEXX: Strong Recurring Revenues From Consumables, Software But Overvalued (Rating Downgrade)

Apr 08

Is It Too Late To Consider Buying IDEXX Laboratories, Inc. (NASDAQ:IDXX)?

Jan 30
Is It Too Late To Consider Buying IDEXX Laboratories, Inc. (NASDAQ:IDXX)?

IDEXX Laboratories: Valuation Rerating Doesn't Seem Justified

Jan 16

Here's Why IDEXX Laboratories (NASDAQ:IDXX) Has Caught The Eye Of Investors

Jan 15
Here's Why IDEXX Laboratories (NASDAQ:IDXX) Has Caught The Eye Of Investors

IDEXX Laboratories, Inc.'s (NASDAQ:IDXX) Shareholders Might Be Looking For Exit

Dec 31
IDEXX Laboratories, Inc.'s (NASDAQ:IDXX) Shareholders Might Be Looking For Exit

IDEXX Laboratories: Outstanding Business, But Valuation Is Key

Aug 15

IDEXX Laboratories Stock Is Very Expensive

Aug 08

IDEXX Laboratories Non-GAAP EPS of $1.58 misses by $0.05, revenue of $860.55M misses by $1.57M

Aug 02

Shareholder Returns

IDXXUS Medical EquipmentUS Market
7D-4.6%-1.5%-2.4%
1Y-25.6%10.1%23.3%

Return vs Industry: IDXX underperformed the US Medical Equipment industry which returned 10.1% over the past year.

Return vs Market: IDXX underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is IDXX's price volatile compared to industry and market?
IDXX volatility
IDXX Average Weekly Movement4.1%
Medical Equipment Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: IDXX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IDXX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198311,000Jay Mazelskywww.idexx.com

IDEXX Laboratories, Inc. develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets in Africa, the Asia Pacific, Canada, Europe, Latin America, and internationally. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy. It also 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 diagnostic instruments, and services for biomedical research community.

IDEXX Laboratories, Inc. Fundamentals Summary

How do IDEXX Laboratories's earnings and revenue compare to its market cap?
IDXX fundamental statistics
Market capUS$33.49b
Earnings (TTM)US$866.24m
Revenue (TTM)US$3.84b

39.0x

P/E Ratio

8.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IDXX income statement (TTM)
RevenueUS$3.84b
Cost of RevenueUS$1.51b
Gross ProfitUS$2.33b
Other ExpensesUS$1.47b
EarningsUS$866.24m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 03, 2025

Earnings per share (EPS)10.58
Gross Margin60.72%
Net Profit Margin22.53%
Debt/Equity Ratio54.0%

How did IDXX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:01
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IDEXX Laboratories, Inc. is covered by 32 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Steven ChesneyAtlantic Equities LLP
Daniel OwczarskiAvondale Partners
Ishan MajumdarBaptista Research