IDEXX Laboratories (NASDAQ:IDXX) Stock

IDEXX Laboratories

Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets close to 35% of its revenue from outside the United States.

IDEXX Laboratories Inc

IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) will release its quarterly earnings report on Monday, 2025-08-04. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate IDEXX Laboratories to report an earnings per share (EPS) of $3.30.
The announcement from IDEXX Laboratories is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Past Earnings Performance</h3>
The company's EPS beat by $0.06 in the last quarter, leading to a 0.11% increase in the share price on the following day.
Here's a look at IDEXX Laboratories's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.85</td>
<td>2.40</td>
<td>2.68</td>
<td>2.87</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.91</td>
<td>2.53</td>
<td>2.79</td>
<td>3.02</td>
</tr>
<tr>
<td>Price Change %</td>
<td>0.0%</td>
<td>-1.0%</td>
<td>3.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1754057183_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of IDEXX Laboratories were trading at $534.31 as of July 31. Over the last 52-week period, shares are up 17.0%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analyst Insights on IDEXX Laboratories</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on IDEXX Laboratories.
The consensus rating for IDEXX Laboratories is Outperform, based on 5 analyst ratings. With an average one-year price target of $557.6, there's a potential 4.36% upside.
<h3>Comparing Ratings with Competitors</h3>
The analysis below examines the analyst ratings and average 1-year price targets of ResMed, Becton Dickinson and GE HealthCare Techs, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Outperform trajectory for ResMed, with an average 1-year price target of $283.0, suggesting a potential 47.03% downside.</li>
<li>Analysts currently favor an Outperform trajectory for Becton Dickinson, with an average 1-year price target of $207.33, suggesting a potential 61.2% downside.</li>
<li>Analysts currently favor an Neutral trajectory for GE HealthCare Techs, with an average 1-year price target of $81.4, suggesting a potential 84.77% downside.</li>
</ul>
<h3>Analysis Summary for Peers</h3>
The peer analysis summary presents essential metrics for ResMed, Becton Dickinson and GE HealthCare Techs, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>IDEXX Laboratories</td>
<td>Outperform</td>
<td>3.56%</td>
<td>$623.38M</td>
<td>15.95%</td>
</tr>
<tr>
<td>ResMed</td>
<td>Outperform</td>
<td>7.92%</td>
<td>$766.41M</td>
<td>6.76%</td>
</tr>
<tr>
<td>Becton Dickinson</td>
<td>Outperform</td>
<td>4.50%</td>
<td>$2.26B</td>
<td>1.22%</td>
</tr>
<tr>
<td>GE HealthCare Techs</td>
<td>Neutral</td>
<td>3.45%</td>
<td>$1.99B</td>
<td>5.14%</td>
</tr>
</tbody>
</table>

Key Takeaway:
IDEXX Laboratories ranks at the top for Revenue Growth and Gross Profit among its peers. It also leads in Return on Equity.
<h3>Discovering IDEXX Laboratories: A Closer Look</h3>
Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets close to 35% of its revenue from outside the United States.
<h3>IDEXX Laboratories's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: IDEXX Laboratories displayed positive results in 3 months. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 3.56%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Health Care sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 24.31%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): IDEXX Laboratories's ROE stands out, surpassing industry averages. With an impressive ROE of 15.95%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): IDEXX Laboratories's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.46% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: IDEXX Laboratories's debt-to-equity ratio is below the industry average. With a ratio of 0.73, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<a href="https://www.benzinga.com/quote/IDXX/earnings">To track all earnings releases for IDEXX Laboratories visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

IDXX

Earnings Outlook For IDEXX Laboratories

IDEXX Laboratories's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NYSE">IDXX</a>) short percent of float has risen 3.9% since its last report. The company recently reported that it has 2.64 million shares sold short, which is 4.26% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.56 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>IDEXX Laboratories Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1753722029_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for IDEXX Laboratories has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing IDEXX Laboratories's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, IDEXX Laboratories's peer group average for short interest as a percentage of float is 4.11%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into IDEXX Laboratories's Recent Short Interest

In the last three months, 6 analysts have published ratings on IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>), offering a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $543.83, a high estimate of $600.00, and a low estimate of $475.00. Marking an increase of 3.65%, the current average surpasses the previous average price target of $524.67. 
<img src="https://www.benzinga.com/files/images/story/2025/1752789665_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive IDEXX Laboratories. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Daniel Clark</td>
<td>Leerink Partners</td>
<td>Raises</td>
<td>Outperform</td>
<td>$600.00</td>
<td>$580.00</td>
</tr>
<tr>
<td>Jonathan Block</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$540.00</td>
<td>$510.00</td>
</tr>
<tr>
<td>Daniel Clark</td>
<td>Leerink Partners</td>
<td>Raises</td>
<td>Outperform</td>
<td>$580.00</td>
<td>$515.00</td>
</tr>
<tr>
<td>Jonathan Block</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$510.00</td>
<td>$460.00</td>
</tr>
<tr>
<td>Erin Wright</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$558.00</td>
<td>$548.00</td>
</tr>
<tr>
<td>Michael Ryskin</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$475.00</td>
<td>$535.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to IDEXX Laboratories. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of IDEXX Laboratories compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for IDEXX Laboratories's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Capture valuable insights into IDEXX Laboratories's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/IDXX/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on IDEXX Laboratories analyst ratings.</a>
<h2>Unveiling the Story Behind IDEXX Laboratories</h2>
Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets close to 35% of its revenue from outside the United States.
<h3>Breaking Down IDEXX Laboratories's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: IDEXX Laboratories displayed positive results in 3M. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 3.56%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Health Care sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: IDEXX Laboratories's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 24.31% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): IDEXX Laboratories's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 15.95% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): IDEXX Laboratories's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 7.46%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.73.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Expert Outlook: IDEXX Laboratories Through The Eyes Of 6 Analysts

IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) has outperformed the market over the past 10 years by 12.19% on an annualized basis producing an average annual return of 23.57%. Currently, IDEXX Laboratories has a market capitalization of $43.85 billion. 
Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 10 years ago, it would be worth $826.62 today based on a price of $541.09 for IDXX at the time of writing.
<h3>IDEXX Laboratories's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1752246014_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

$100 Invested In This Stock 10 Years Ago Would Be Worth This Much Today

IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) has outperformed the market over the past 20 years by 2.86% on an annualized basis producing an average annual return of 11.3%. Currently, IDEXX Laboratories has a market capitalization of $44.21 billion. 
Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 20 years ago, it would be worth $857.66 today based on a price of $545.56 for IDXX at the time of writing.
<h3>IDEXX Laboratories's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751927412_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning IDEXX Laboratories Stock In The Last 20 Years

Stifel analyst Jonathan Block maintains IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) with a Hold and raises the price target from $510 to $540.

Price Target

Stifel Maintains Hold on IDEXX Laboratories, Raises Price Target to $540

Two U.S. lawmakers are being called out after disclosing their stock purchases involving defense contractor L3Harris Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>), in the lead up to conflict with Iran, while serving on the Congressional Armed Services Committee.
What Happened: On Monday, in a post on X, Nancy Pelosi Stock Tracker, which tracks the trades made by politicians, highlighted one such trading disclosure in recent weeks, involving Sen. Markwayne Mullin (R-Okla.) and Rep. Gil Cisneros (D-Calif.).
The post sheds light on the fact that these two lawmakers, who serve on Armed Services Committees in Congress, have bought shares of L3Harris over the past month, in the lead up to the <a href="https://www.benzinga.com/news/politics/25/06/46065102/trump-says-there-is-a-ceasefire-between-isreal-and-iran">conflict between Israel and Iran</a>, in which the U.S. played a significant role.
See Also: <a href="https://www.benzinga.com/news/politics/25/06/46043373/nancy-pelosis-portfolio-crushed-wall-street-hedge-funds-with-jaw-dropping-returns-last-year">Nancy Pelosi&#8217;s Portfolio Crushed Wall Street Hedge Funds With Jaw-Dropping Returns Last Year</a>
&#8220;This shouldn't be legal,&#8221; the post says, given the deep ties that contractors such as L3Harris, which sells weapons systems and classified communications infrastructure, have with the government.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This shouldn&#39;t be legal, but keep an eye on this one &#x270d;&#xFE0F; Markwayne Mullin (R) &amp; GIl Cisneros (D) both bought L3Harris <a href="https://twitter.com/search?q=%24LHX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LHX</a> in the past month<a href="https://twitter.com/search?q=%24LHX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LHX</a> is the 6th largest Defense Contractor in the US They also both sit on Armed Services Committees <a href="https://t.co/POgcLHdAZO">pic.twitter.com/POgcLHdAZO</a>
&mdash; Nancy Pelosi Stock Tracker &#x265f; (@PelosiTracker_) <a href="https://twitter.com/PelosiTracker_/status/1937175607705788881?ref_src=twsrc%5Etfw">June 23, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Just recently, the same account reported on three Congressional representatives purchasing shares of IDEXX Laboratories Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) while serving on a committee that was directly tied to the &#8220;National Biotech Initiative Act of 2025,&#8221; which was expected to <a href="https://www.benzinga.com/news/politics/25/06/45880762/three-lawmakers-bought-this-biotech-stock-before-supporting-a-bill-that-could-boost-its-value-its-now-up-44">create substantial tailwinds</a> for the company.
This comes amid <a href="https://www.benzinga.com/news/25/04/44831847/justin-wolfers-when-tweets-move-markets-lawmakers-trading-stocks-is-simply-absurd">growing calls for a ban</a> on Congressional stock trading, with economist Justin Wolfers calling it &#8220;simply absurd&#8221; that representatives are allowed to trade stocks while regularly receiving &#8220;top secret briefings&#8221; and information.
The outsized gains reported in the private portfolios of political leaders have come under increasing scrutiny in recent years. Former House Speaker Nancy Pelosi, for instance, has famously outperformed several leading hedge funds, with gains of 65% in 2023 and 54% in 2024.
Her performance, however, pales in comparison to those of her colleagues, who&#8217;ve <a href="https://www.benzinga.com/news/politics/25/06/45880762/three-lawmakers-bought-this-biotech-stock-before-supporting-a-bill-that-could-boost-its-value-its-now-up-44">returned 70% to 149%</a> over the past year, fueling concerns regarding a conflict of interest.
Price Action: Shares of L3Harris were up 0.58% on Monday, trading at $251.11, but are down 1.64% after hours, following the de-escalation of tensions between Iran and Israel.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="148" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24030907/Screenshot-2025-06-24-at-12.38.55-PM-1024x148.png" alt="" class="wp-image-959205" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24030907/Screenshot-2025-06-24-at-12.38.55-PM-1024x148.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24030907/Screenshot-2025-06-24-at-12.38.55-PM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24030907/Screenshot-2025-06-24-at-12.38.55-PM-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24030907/Screenshot-2025-06-24-at-12.38.55-PM.png 1534w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
L3Harris scores well on Momentum, and has a favorable price trend in the short, medium, and long term. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock, its peers and competitors.
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/content/46041903/congresss-may-stock-trades-what-they-know-that-you-dont">Congress&#8217;s May Stock Trades: What They Know That You Don&#8217;t</a></li>
</ul>
Photo courtesy: Shutterstock

Insider Trades

Markets

Two US Lawmakers On The Armed Services Committee Quietly Snapped Up L3Harris Shares Leading Up To Iran Tensions: 'This Shouldn't Be Legal'

IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) has outperformed the market over the past 15 years by 8.52% on an annualized basis producing an average annual return of 20.39%. Currently, IDEXX Laboratories has a market capitalization of $42.54 billion. 
Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 15 years ago, it would be worth $1,617.22 today based on a price of $524.92 for IDXX at the time of writing.
<h3>IDEXX Laboratories's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749823225_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 15 Years Ago, You Would Have This Much Today

IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for IDEXX Laboratories, presenting an average target of $517.0, a high estimate of $580.00, and a low estimate of $420.00. Observing a 4.82% increase, the current average has risen from the previous average price target of $493.25. 
<img src="https://www.benzinga.com/files/images/story/2025/1749668452_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A clear picture of IDEXX Laboratories's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Daniel Clark</td>
<td>Leerink Partners</td>
<td>Raises</td>
<td>Outperform</td>
<td>$580.00</td>
<td>$515.00</td>
</tr>
<tr>
<td>Jonathan Block</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$510.00</td>
<td>$460.00</td>
</tr>
<tr>
<td>Erin Wright</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$558.00</td>
<td>$548.00</td>
</tr>
<tr>
<td>Jonathan Block</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$420.00</td>
<td>$450.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to IDEXX Laboratories. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of IDEXX Laboratories compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for IDEXX Laboratories's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of IDEXX Laboratories's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/IDXX/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on IDEXX Laboratories analyst ratings.</a>
<h2>All You Need to Know About IDEXX Laboratories</h2>
Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets close to 35% of its revenue from outside the United States.
<h3>A Deep Dive into IDEXX Laboratories's Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: IDEXX Laboratories's revenue growth over a period of 3M has been noteworthy. As of 31 March, 2025, the company achieved a revenue growth rate of approximately 3.56%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Health Care sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: IDEXX Laboratories's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 24.31%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): IDEXX Laboratories's ROE excels beyond industry benchmarks, reaching 15.95%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): IDEXX Laboratories's ROA stands out, surpassing industry averages. With an impressive ROA of 7.46%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.73.
<h2>Analyst Ratings: Simplified</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

IDEXX Laboratories Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)

Leerink Partners analyst Daniel Clark maintains IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) with a Outperform and raises the price target from $515 to $580.

Leerink Partners Maintains Outperform on IDEXX Laboratories, Raises Price Target to $580

A mix of bullish catalysts is poised to lift investor sentiment Wednesday, as President Donald Trump confirmed a China trade deal and fresh inflation data came in softer <a href="https://www.benzinga.com/markets/economic-data/25/06/45881899/inflation-resumes-climb-in-may-but-tariffs-have-yet-to-hit-consumers">than expected for May.</a>
Trump declared a sweeping new trade agreement with China via Truth Social following two days of negotiations in London, suggesting major concessions from Beijing and lighter U.S. obligations.
&#8220;Full magnets, and any necessary rare earths, will be supplied, up front, by China,&#8221; Trump said, adding that the U.S. would reciprocate by allowing Chinese students access to U.S. colleges. 
The deal, pending final approval with Chinese President Xi Jinping, includes a significant tariff shift. The U.S. will continue applying tariffs totaling 55% on selected Chinese imports, while China will impose a 10% tariff rate on U.S. goods.
<h3 class="wp-block-heading">Inflation Rises Less Than Expected In May, Easing Tariff Anxiety</h3>
U.S. consumer inflation was softer than expected in May, reinforcing expectations for Federal Reserve rate cuts later this year.
The Consumer Price Index rose 2.4% from a year earlier, undercutting the 2.5% forecasted by economists and edging slightly above April's 2.3% reading. On a monthly basis, prices climbed just 0.1%, slower than both the prior month's 0.2% and the consensus estimate.
Core CPI—which excludes food and energy—held steady at 2.8% year over year, missing the 2.9% projection. Month over month, core prices advanced only 0.1%, undershooting the expected 0.3%.
Energy prices were a major drag, falling 1% in May. Gasoline plunged 2.6%, reversing the prior month's rise. On the flip side, services like medical care and motor vehicle insurance saw upward pressure.
&#8220;With lower-than-expected numbers across the board and a trade deal with China that was agreed to in London, the narrative around tariff-induced inflation should subside,&#8221; said Chris Zaccarelli, chief investment officer for Northlight Asset Management.
<h3 class="wp-block-heading">How Close Are We to New Highs?</h3>
In premarket trading, the S&amp;P 500 index traded at 6,050, up 0.20%, while the Nasdaq 100 added 0.25% to reach 21,990.
The Dow Jones Industrial Average gained 0.1% to 42,924.
Both the S&amp;P 500 and Nasdaq 100 are now less than 2 percentage points from their all-time highs, at 1.6% and 1.1% away, respectively.
According to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a> platform, top-gainers within large-cap stocks following the release of the inflation included:
<ul class="wp-block-list">
<li>CoreWeave Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWE#NASDAQ">CRWE</a>) gained 3.57% to $159.70</li>
<li>NICE Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NICE#NASDAQ">NICE</a>) rose 3.33% to $179.00</li>
<li>Best Buy Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) added 3.14% to $76.00</li>
<li>Textron Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXT#NYSE">TXT</a>) climbed 3.03% to $78.15</li>
<li>Honda Motor Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) increased 2.97% to $29.36</li>
<li>Amer Sports Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) rose 2.86% to $38.69</li>
<li>IDEXX Laboratories Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) gained 2.85% to $540.00</li>
<li>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) advanced 2.74% to $43.40</li>
<li>Skyworks Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>) jumped 2.67% to $75.98</li>
<li>Teradyne Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) added 2.59% to $90.47</li>
</ul>
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Photo: Shutterstock<a href="https://www.benzinga.com/markets/large-cap/25/06/45870128/meta-platforms-enters-its-most-bullish-month-a-return-to-record-highs-in-sight"> </a>

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Wall Street Eyes Record Highs As Trump Seals China Deal, Soft Inflation Eases Tariff Jitters

Three U.S. lawmakers have disclosed recent purchases of a pet healthcare company just weeks before a biotech bill that could benefit the company's business was introduced in Congress.
What Happened: On Tuesday, Nancy Pelosi Stock Tracker, an X account that monitors U.S. lawmakers&#8217; financial disclosures, reported that Rep. April Delaney (R-MD), Jefferson Shreve (R-IN), and Rob Bresnahan (R-PA) purchased shares of IDEXX Laboratories Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) in early to mid-April and May.
The timing has drawn scrutiny, as all three lawmakers sit on committees directly tied to the &#8220;National Biotech Initiative Act of 2025,&#8221; a bill aimed at expanding federal funding for biotechnology research and development.
The legislation, introduced on April 9, was referred to several committees, including agriculture and foreign affairs, on which each of the three lawmakers serves.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45877761/ross-gerber-calls-out-warner-bros-discovery-ceo-david-zaslav-saying-hes-created-zero-value-after-the-conglomerate-announced-plans-to-split-into-two-companies-by-2026">Ross Gerber Calls Out Warner Bros. Discovery CEO David Zaslav, Saying He&#8217;s Created &#8216;Zero Value&#8217; After The Conglomerate Announced Plans To Split Into Two Companies By 2026</a>
According <a href="https://www.congress.gov/bill/119th-congress/house-bill/2756/text">to</a> the bill&#8217;s text, the aim is to &#8220;boost biotech funding research/development for biotech products across the country,&#8221; resulting in substantial tailwinds for companies such as IDEXX. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Breaking&#x1f6a8;: A third Politician just bought IDEXX Labs <a href="https://twitter.com/search?q=%24IDXX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$IDXX</a> !! This time it&#39;s Rep. Rob Bresnahan who sits on the House Agriculture Committee Why does that matter? All three of the politicians who bought sit on committees overseeing an Act that would directly benefit the… <a href="https://t.co/5ZZdjbcgGE">pic.twitter.com/5ZZdjbcgGE</a>
&mdash; Nancy Pelosi Stock Tracker &#x265f; (@PelosiTracker_) <a href="https://twitter.com/PelosiTracker_/status/1932466838304342490?ref_src=twsrc%5Etfw">June 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The Pelosi Tracker post states that Shreve bought shares on April 6, Delaney followed on April 7, and Bresnahan made his purchase on May 14. While congressional stock trading is legal, it&#8217;s been quite controversial, with <a href="https://www.benzinga.com/trading-ideas/25/05/45552223/exclusive-congress-trading-ban-sees-huge-support-in-reader-poll-heres-the-percent-that-say-let-them-keep-trading-stocks">growing calls for a ban</a> on trading stocks, options and ETFs by members of Congress in recent years.
Why It Matters: Economist Justin Wolfers recently called it &#8220;simply absurd&#8221; that Congressional representatives are <a href="https://www.benzinga.com/news/25/04/44831847/justin-wolfers-when-tweets-move-markets-lawmakers-trading-stocks-is-simply-absurd">allowed to trade stocks</a>, even while receiving &#8220;top secret briefings.&#8221;
It is &#8220;absolutely clear they're using their inside knowledge to get better returns,&#8221; he says, adding that this is not &#8220;how we want to pay our Congressmen.&#8221;
Former House Speaker Nancy Pelosi's portfolio famously outperformed many hedge funds, posting returns of 65% in 2023 and 54% in 2024. But several lesser-known members of Congress have reportedly <a href="https://in.benzinga.com/25/01/42860759/10-best-stock-traders-in-congress-in-2024-where-do-nancy-pelosi-pete-sessions-susan-collins-marjorie-taylor-greene-rank?_gl=1&#x2A;70oecc&#x2A;_gcl_au&#x2A;OTU0MzA1MzE4LjE3NDcwMTIxNDM.&#x2A;_ga&#x2A;ZGVsZXRlZA..&#x2A;_ga_V7ZK73W7N0&#x2A;czE3NDk2MjY5MDkkbzE3NCRnMSR0MTc0OTYzMDI4NCRqMjUkbDAkaDA.">achieved even greater gains</a>, between 70% and 149%, fueling public outcry over perceived conflicts of interest.
Price Action: Shares of IDEXX Laboratories were up 1.41% on Tuesday, trading at $525.93, and are down 0.18% after hours.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="147" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11042753/Screenshot-2025-06-11-at-1.57.40-PM-1024x147.png" alt="" class="wp-image-945758" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11042753/Screenshot-2025-06-11-at-1.57.40-PM-1024x147.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11042753/Screenshot-2025-06-11-at-1.57.40-PM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11042753/Screenshot-2025-06-11-at-1.57.40-PM-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11042753/Screenshot-2025-06-11-at-1.57.40-PM.png 1534w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Idexx scores high on Momentum and Growth, but fares poorly on Value and Quality. The stock has a favorable price trend in the short, medium, and long term. Check <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock, its peers and competitors.
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Photo courtesy: rafapress / Shutterstock.com

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Three Lawmakers Bought This Biotech Stock Before Supporting A Bill That Could Boost Its Value: It's Now Up 44%

The Catalyst&nbsp;Cortisol Test provides veterinarians with real-time critical insights when evaluating dogs for Addison's disease and Cushing's syndrome

IDEXX Unveils Catalyst Cortisol Test To Support Early Detection And Ongoing Management Of Canine Endocrine Disorders

IDEXX Laboratories's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NYSE">IDXX</a>) short percent of float has risen 5.63% since its last report. The company recently reported that it has 3.03 million shares sold short, which is 4.88% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.73 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>IDEXX Laboratories Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749045628_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for IDEXX Laboratories has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing IDEXX Laboratories's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, IDEXX Laboratories's peer group average for short interest as a percentage of float is 5.35%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

What Does the Market Think About IDEXX Laboratories?

IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) has outperformed the market over the past 15 years by 8.47% on an annualized basis producing an average annual return of 20.35%. Currently, IDEXX Laboratories has a market capitalization of $40.65 billion. 
Buying $1000 In IDXX: If an investor had bought $1000 of IDXX stock 15 years ago, it would be worth $16,099.18 today based on a price of $501.57 for IDXX at the time of writing.
<h3>IDEXX Laboratories's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748272513_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today

IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) has outperformed the market over the past 20 years by 3.16% on an annualized basis producing an average annual return of 11.41%. Currently, IDEXX Laboratories has a market capitalization of $40.59 billion. 
Buying $1000 In IDXX: If an investor had bought $1000 of IDXX stock 20 years ago, it would be worth $8,586.83 today based on a price of $500.87 for IDXX at the time of writing.
<h3>IDEXX Laboratories's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747868455_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Stifel analyst Jonathan Block maintains IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) with a Hold and raises the price target from $460 to $510.

Stifel Maintains Hold on IDEXX Laboratories, Raises Price Target to $510

Daniel M Junius, Director at IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>), reported a large exercise of company stock options on May 14, according to a new SEC filing.
What Happened: Junius, Director at IDEXX Laboratories, exercised stock options for 2,683 shares of IDXX stock. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000874716/000087471625000090//Archives/edgar/data/874716/000087471625000090/0000874716-25-000090-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The exercise price of the options was $263.81 per share.
Currently, IDEXX Laboratories shares are trading down 0.02%, priced at $509.31 during Thursday's morning. This values Junius's 2,683 shares at $658,691.
<h3>Delving into IDEXX Laboratories's Background</h3>
Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets close to 35% of its revenue from outside the United States.
<h3>Breaking Down IDEXX Laboratories's Financial Performance</h3>
Revenue Growth: IDEXX Laboratories displayed positive results in 3 months. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 3.56%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Health Care sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 62.44%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 2.98, IDEXX Laboratories showcases strong earnings per share.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 0.73, IDEXX Laboratories faces challenges in effectively managing its debt levels, indicating potential financial strain.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: IDEXX Laboratories's P/E ratio of 47.08 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 10.72 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Boasting an EV/EBITDA ratio of 32.47, IDEXX Laboratories demonstrates a robust market valuation, outperforming industry benchmarks.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Unmasking the Significance of Insider Transactions</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000874716">Check Out The Full List Of IDEXX Laboratories's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Daniel M Junius At IDEXX Laboratories Capitalizes: Options Exercised, Resulting In $658K

Sophie V Vandebroek, Board Member at IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>), reported a large exercise of company stock options on May 13, according to a new SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000874716/000087471625000088//Archives/edgar/data/874716/000087471625000088/0000874716-25-000088-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday revealed that Vandebroek, Board Member at IDEXX Laboratories in the Health Care sector, exercised stock options for 1,279 shares of IDXX stock. The exercise price of the options was $283.59 per share.
IDEXX Laboratories shares are trading down 0.0% at $509.13 at the time of this writing on Wednesday morning. Since the current price is $509.13, this makes Vandebroek's 1,279 shares worth $288,465.
<h3>All You Need to Know About IDEXX Laboratories</h3>
Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets close to 35% of its revenue from outside the United States.
<h3>Financial Insights: IDEXX Laboratories</h3>
Revenue Growth: Over the 3 months period, IDEXX Laboratories showcased positive performance, achieving a revenue growth rate of 3.56% as of 31 March, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Health Care sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 62.44%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): IDEXX Laboratories's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 2.98.
</li>
</ul>
Debt Management: IDEXX Laboratories's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.73, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 47.05 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 10.71, IDEXX Laboratories's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): IDEXX Laboratories's EV/EBITDA ratio of 32.45 exceeds industry averages, indicating a premium valuation in the market
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Uncovering the Importance of Insider Activity</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000874716">Check Out The Full List Of IDEXX Laboratories's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision: Sophie V Vandebroek Exercises Options At IDEXX Laboratories For $288K

IDEXX Laboratories's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NYSE">IDXX</a>) short percent of float has risen 5.92% since its last report. The company recently reported that it has 3.00 million shares sold short, which is 4.83% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.44 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>IDEXX Laboratories Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1746802832_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for IDEXX Laboratories has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing IDEXX Laboratories's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, IDEXX Laboratories's peer group average for short interest as a percentage of float is 4.13%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Is the Market Bullish or Bearish on IDEXX Laboratories?

Press Releases

IDEXX Announces Groundbreaking Cancer Dx Panel with Affordable Early Detection Test for Canine Lymphoma

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IDEXX Laboratories to Release 2025 First Quarter Financial Results

IDEXX Laboratories Announces First Quarter Results

IDEXX Laboratories to Present at Stifel Conference and Announces 2025 Investor Day

Third Expansion of IDEXX's Catalyst Platform in Under a Year Delivers Critical Insights to Veterinarians Evaluating Canine Patients for Endocrine Disorders

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