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 (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.
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.
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.
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.
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.
Summary
IDEXX Laboratories beats Alcon on 12 of the 17 factors compared between the two stocks.
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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.
Skip ChartThis 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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