IDXX - IDEXX Laboratories - Stock Forecast

Healthcare - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

IDXX is currently covered by 8 analysts with an average price target of $549.2. This is a potential upside of $59.63 (12.18%) from yesterday's end of day stock price of $489.57.

IDEXX Laboratories's activity chart (see below) currently has 61 price targets and 73 ratings on display. The stock rating distribution of IDXX is 20.59% HOLD and 79.41% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 73.45% with an average time for these price targets to be met of 125.9 days.

Highest price target for IDXX is $655, Lowest price target is $460, average price target is $549.2.

Most recent stock forecast was given by BALAJI PRASAD from BARCLAYS on 06-Feb-2024. First documented stock forecast 24-Jun-2014.

Overview

IDEXX Laboratories is a global leader in veterinary diagnostic testing and services, as well as water quality testing solutions. The company primarily serves the companion animal veterinary market, as well as livestock and poultry producers, dairy farmers, and the biomedical research community.

Operations

IDEXX offers a wide range of diagnostic products and services, including point-of-care veterinary diagnostic products, veterinary reference laboratory diagnostic and consulting services, and practice management and diagnostic imaging systems and services for veterinarians. The company also provides health monitoring, biological materials testing, and laboratory animal diagnostic instruments and services for the biomedical research community.

In addition to veterinary diagnostic products, IDEXX also offers diagnostic and health-monitoring products for livestock, poultry, and dairy producers. These products include water testing products that test for various microbiological contaminants, as well as point-of-care electrolytes and blood gas analyzers.

During the COVID-19 pandemic, IDEXX also developed an RT-PCR test kit for human COVID-19 testing, called OPTI SARS-CoV-2 RT-PCR test kit.

IDEXX has a broad range of testing capabilities, including in-clinic chemistry, blood and urine chemistry, hematology, immunoassay, urinalysis, and coagulation analyzers, as well as SNAP rapid assays test kits. The company also offers veterinary software and services for independent veterinary clinics and corporate groups.

History

The company was founded in 1983 and is headquartered in Westbrook, Maine.

Currently out of the existing stock ratings of IDXX, 7 are a HOLD (20.59%), 27 are a BUY (79.41%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

655

$140.3 (27.26%)

605

2 months 13 days ago

2/8 (25%)

$88 (15.52%)

86

Buy

630

$115.3 (22.40%)

550

2 months 13 days ago

4/7 (57.14%)

$63 (11.11%)

105

Hold

525

$10.3 (2.00%)

525

2 months 20 days ago

6/6 (100%)

$3.97 (0.76%)

67

Buy

650

$135.3 (26.29%)

500

3 months 3 days ago

6/7 (85.71%)

$130 (25.00%)

112

Hold

460

$-54.7 (-10.63%)

500

5 months 20 days ago

10/10 (100%)

$63.61 (16.05%)

179

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What is IDXX (IDEXX Laboratories) average time for price targets to be met?

On average it took 125.9 days on average for the stock forecasts to be realized with a an average price target met ratio 73.45

Which analyst has the current highest performing score on IDXX (IDEXX Laboratories) with a proven track record?

CHRIS SCHOTT

Which analyst has the most public recommendations on IDXX (IDEXX Laboratories)?

Chris Schott has 4 price targets and 2 ratings on IDXX

Which analyst is the currently most bullish on IDXX (IDEXX Laboratories)?

Balaji Prasad with highest potential upside - $140.3

Which analyst is the currently most reserved on IDXX (IDEXX Laboratories)?

Jonathan Block with lowest potential downside - -$54.7

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