What Should Investors Know About IDEXX Laboratories (IDXX) Stock?

IDEXX Laboratories marked a 7.0% change today, compared to -1.0% for the S&P 500. Is it a good value at today's price of $516.61? Only an in-depth analysis can answer that question, but here are some facts that can give you an idea:

  • IDEXX Laboratories, Inc. develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets worldwide.

  • IDEXX Laboratories belongs to the Health Care sector, which has an average price to earnings (P/E) ratio of 30.21 and an average price to book (P/B) of 4.08

  • The company's P/B ratio is 33.08

  • IDEXX Laboratories has a trailing 12 month Price to Earnings (P/E) ratio of 52.7 based on its trailing 12 month price to earnings (EPS) of $9.8 per share

  • Its forward P/E ratio is 47.6, based on its forward earnings per share (EPS) of $10.86

  • IDXX has a Price to Earnings Growth (PEG) ratio of 2.72, which shows the company is overvalued when we factor growth into the price to earnings calculus.

  • Over the last four years, IDEXX Laboratories has averaged free cash flows of $469.45 Million, which on average grew 17.3%

  • IDXX's gross profit margins have averaged 58.0 % over the last four years and during this time they had a growth rate of 1.1 % and a coefficient of variability of 2.5 %.

  • IDEXX Laboratories has moved 22.0% over the last year compared to 15.0% for the S&P 500 -- a difference of 7.0%

  • IDXX has an average analyst rating of buy and is 0.26% away from its mean target price of $515.25 per share

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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