IDEXX Laboratories (IDXX) Competitors

$540.94
-7.59 (-1.38%)
(As of 05/16/2024 ET)

IDXX vs. ALC, CNC, HUM, IQV, HLN, TAK, GEHC, COR, MRNA, and BIIB

Should you be buying IDEXX Laboratories stock or one of its competitors? The main competitors of IDEXX Laboratories include Alcon (ALC), Centene (CNC), Humana (HUM), IQVIA (IQV), Haleon (HLN), Takeda Pharmaceutical (TAK), GE HealthCare Technologies (GEHC), Cencora (COR), Moderna (MRNA), and Biogen (BIIB). These companies are all part of the "medical" sector.

IDEXX Laboratories vs.

IDEXX Laboratories (NASDAQ:IDXX) and Alcon (NYSE:ALC) are both large-cap medical companies, but which is the better stock? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, profitability, media sentiment, institutional ownership, community ranking and earnings.

In the previous week, Alcon had 1 more articles in the media than IDEXX Laboratories. MarketBeat recorded 14 mentions for Alcon and 13 mentions for IDEXX Laboratories. Alcon's average media sentiment score of 0.75 beat IDEXX Laboratories' score of 0.65 indicating that Alcon is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IDEXX Laboratories
5 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Alcon
3 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Alcon has higher revenue and earnings than IDEXX Laboratories. Alcon is trading at a lower price-to-earnings ratio than IDEXX Laboratories, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IDEXX Laboratories$3.66B12.20$845.04M$10.3352.37
Alcon$9.46B4.64$974M$2.1142.20

IDEXX Laboratories currently has a consensus price target of $580.38, indicating a potential upside of 7.29%. Alcon has a consensus price target of $94.71, indicating a potential upside of 6.35%. Given IDEXX Laboratories' higher possible upside, equities research analysts clearly believe IDEXX Laboratories is more favorable than Alcon.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IDEXX Laboratories
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67
Alcon
2 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.67

IDEXX Laboratories has a net margin of 23.26% compared to Alcon's net margin of 10.96%. IDEXX Laboratories' return on equity of 63.66% beat Alcon's return on equity.

Company Net Margins Return on Equity Return on Assets
IDEXX Laboratories23.26% 63.66% 27.57%
Alcon 10.96%6.92%4.76%

87.8% of IDEXX Laboratories shares are owned by institutional investors. Comparatively, 53.9% of Alcon shares are owned by institutional investors. 2.2% of IDEXX Laboratories shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

IDEXX Laboratories has a beta of 1.27, suggesting that its stock price is 27% more volatile than the S&P 500. Comparatively, Alcon has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500.

IDEXX Laboratories received 347 more outperform votes than Alcon when rated by MarketBeat users. Likewise, 72.65% of users gave IDEXX Laboratories an outperform vote while only 61.72% of users gave Alcon an outperform vote.

CompanyUnderperformOutperform
IDEXX LaboratoriesOutperform Votes
526
72.65%
Underperform Votes
198
27.35%
AlconOutperform Votes
179
61.72%
Underperform Votes
111
38.28%

Summary

IDEXX Laboratories beats Alcon on 12 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IDXX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IDXX vs. The Competition

MetricIDEXX LaboratoriesDiagnostic substances IndustryMedical SectorNASDAQ Exchange
Market Cap$44.68B$2.91B$5.10B$7.96B
Dividend YieldN/A0.72%37.02%3.93%
P/E Ratio52.37200.93170.5018.78
Price / Sales12.20103.932,310.3179.12
Price / Cash43.5216.4435.9531.19
Price / Book28.473.805.464.47
Net Income$845.04M$30.88M$105.07M$217.14M
7 Day Performance8.01%2.93%1.66%1.88%
1 Month Performance10.49%6.39%3.86%5.32%
1 Year Performance9.96%-22.19%7.83%11.56%

IDEXX Laboratories Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALC
Alcon
3.047 of 5 stars
$80.98
+0.7%
$91.22
+12.6%
+10.5%$39.93B$9.46B41.3225,000Earnings Report
Dividend Increase
Ex-Dividend
Analyst Forecast
CNC
Centene
4.8758 of 5 stars
$75.90
+1.0%
$85.23
+12.3%
+17.9%$40.50B$154.00B15.0967,700Insider Selling
HUM
Humana
4.981 of 5 stars
$324.63
+1.7%
$424.50
+30.8%
-31.5%$39.12B$106.37B20.2167,600
IQV
IQVIA
4.3669 of 5 stars
$229.25
+1.0%
$257.57
+12.4%
+22.9%$41.77B$14.98B31.3287,000
HLN
Haleon
1.306 of 5 stars
$8.33
+1.1%
N/A-4.2%$38.04B$14.05B27.7725,408News Coverage
TAK
Takeda Pharmaceutical
1.0226 of 5 stars
$13.28
-0.6%
$14.00
+5.4%
-19.1%$42.03B$29.81B20.1249,095Gap Up
GEHC
GE HealthCare Technologies
4.2504 of 5 stars
$81.43
+2.0%
$95.00
+16.7%
+4.5%$36.43B$19.50B23.8151,000Insider Selling
Short Interest ↑
COR
Cencora
3.8646 of 5 stars
$226.74
+1.2%
$233.90
+3.2%
+27.1%$45.23B$262.17B24.8146,000
MRNA
Moderna
3.4584 of 5 stars
$121.07
-0.9%
$129.55
+7.0%
+6.1%$46.40B$6.85B-7.735,600Analyst Forecast
BIIB
Biogen
4.9343 of 5 stars
$218.92
-1.1%
$290.92
+32.9%
-25.2%$31.87B$9.84B27.337,570Analyst Forecast
News Coverage
Positive News

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This page (NASDAQ:IDXX) was last updated on 5/17/2024 by MarketBeat.com Staff

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