Company name | IDEXX Laboratories, Inc. |
Stock ticker | IDXX |
Live stock price | [stckqut]IDXX[/stckqut] |
P/E compared to competitors | Fair |
MANAGEMENT EXECUTION
Employee productivity | Poor |
Sales growth | Fair |
EPS growth | Good |
P/E growth | Poor |
EBIT growth | Fair |
ANALYSIS
Confident Investor Rating | Poor |
Target stock price (TWCA growth scenario) | $164.97 |
Target stock price (averages with growth) | $183.99 |
Target stock price (averages with no growth) | $98.51 |
Target stock price (manual assumptions) | $192.33 |
The following company description is from Google Finance: https://finance.google.com/finance?q=idxx
IDEXX Laboratories, Inc. develops, manufactures and distributes products and provides services for the companion animal veterinary, livestock and poultry, dairy and water testing markets. The Company also sells a line of portable electrolytes and blood gas analyzers for the human point-of-care medical diagnostics market. Its segments include diagnostic and information technology-based products and services for the veterinary market, which the Company refers to as the Companion Animal Group; water quality products; diagnostic products and services for livestock and poultry health, which the Company refers to as Livestock, Poultry and Dairy, and Other operating segment, which combines and presents products for the human point-of-care medical diagnostics market with its pharmaceutical product line and its out-licensing arrangements. Its products and services include point-of-care veterinary diagnostic products, comprising instruments, consumables and rapid assay test kits, among others.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in IDEXX Laboratories, Inc. I am removing the company from my Watch List.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of IDEXX Laboratories, Inc. calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $156.38
- Growth: 0.15
- Current EPS (TTM): $3.08
- P/E: 50
- Future EPS Calc: $6.19
- Future Stock Price Calc: $309.74
- Target stock price: $192.32
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I hope that this makes you a Confident Investor.