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As of close of business last night, Idexx Laboratories, Inc.’s stock clocked out at $485.52, up 2.23% from its previous closing price of $474.94. In other words, the price has increased by $2.23 from its previous closing price. On the day, 0.61 million shares were traded. IDXX stock price reached its highest trading level at $491.295 during the session, while it also had its lowest trading level at $474.185.
Ratios:
To gain a deeper understanding of IDXX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 99.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.63. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.40.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on July 25, 2024, initiated with a Buy rating and assigned the stock a target price of $580.
On January 30, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $525.
On December 07, 2023, Exane BNP Paribas started tracking the stock assigning a Outperform rating and target price of $602.Exane BNP Paribas initiated its Outperform rating on December 07, 2023, with a $602 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 17 ’24 when Claflin Bruce L. sold 200 shares for $540.80 per share. The transaction valued at 108,160 led to the insider holds 161 shares of the business.
POLEWACZYK JAMES F sold 8,104 shares of IDXX for $4,525,596 on Mar 06 ’24. The Executive Vice President now owns 10,711 shares after completing the transaction at $558.44 per share. On Mar 05 ’24, another insider, Vandebroek Sophie V., who serves as the Director of the company, sold 1,404 shares for $562.98 each. As a result, the insider received 790,427 and left with 1,216 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IDXX now has a Market Capitalization of 39961161728 and an Enterprise Value of 39756648448. As of this moment, Idexx’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.13, and their Forward P/E ratio for the next fiscal year is 39.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.56 while its Price-to-Book (P/B) ratio in mrq is 25.34. Its current Enterprise Value per Revenue stands at 10.504 whereas that against EBITDA is 33.016.
Stock Price History:
Over the past 52 weeks, IDXX has reached a high of $583.39, while it has fallen to a 52-week low of $372.50. The 50-Day Moving Average of the stock is 0.06%, while the 200-Day Moving Average is calculated to be -4.48%.
Shares Statistics:
It appears that IDXX traded 556.16K shares on average per day over the past three months and 651920 shares per day over the past ten days. A total of 83.03M shares are outstanding, with a floating share count of 81.43M. Insiders hold about 1.06% of the company’s shares, while institutions hold 93.10% stake in the company. Shares short for IDXX as of 1722384000 were 2438542 with a Short Ratio of 4.38, compared to 1719532800 on 2685679. Therefore, it implies a Short% of Shares Outstanding of 2438542 and a Short% of Float of 3.7900000000000005.
