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IDEXX Laboratories (IDXX) Competitors

IDEXX Laboratories logo
$454.50 +1.65 (+0.36%)
As of 01:01 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

IDXX vs. MDT, BDX, EW, DXCM, RMD, STE, PODD, BAX, HOLX, and GMED

Should you be buying IDEXX Laboratories stock or one of its competitors? The main competitors of IDEXX Laboratories include Medtronic (MDT), Becton, Dickinson and Company (BDX), Edwards Lifesciences (EW), DexCom (DXCM), ResMed (RMD), STERIS (STE), Insulet (PODD), Baxter International (BAX), Hologic (HOLX), and Globus Medical (GMED). These companies are all part of the "health care equipment" industry.

IDEXX Laboratories vs.

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

In the previous week, Medtronic had 80 more articles in the media than IDEXX Laboratories. MarketBeat recorded 102 mentions for Medtronic and 22 mentions for IDEXX Laboratories. IDEXX Laboratories' average media sentiment score of 1.29 beat Medtronic's score of 0.97 indicating that IDEXX Laboratories is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IDEXX Laboratories
19 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
56 Very Positive mention(s)
7 Positive mention(s)
27 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive

IDEXX Laboratories has a beta of 1.37, meaning that its share price is 37% more volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500.

87.8% of IDEXX Laboratories shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 2.1% of IDEXX Laboratories shares are owned by company insiders. Comparatively, 0.2% of Medtronic shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

IDEXX Laboratories currently has a consensus target price of $533.75, suggesting a potential upside of 17.85%. Medtronic has a consensus target price of $95.00, suggesting a potential upside of 7.78%. Given IDEXX Laboratories' stronger consensus rating and higher possible upside, research analysts clearly believe IDEXX Laboratories is more favorable than Medtronic.

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)
1 Strong Buy rating(s)
2.80
Medtronic
1 Sell rating(s)
9 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.38

Medtronic received 1052 more outperform votes than IDEXX Laboratories when rated by MarketBeat users. Likewise, 75.48% of users gave Medtronic an outperform vote while only 72.14% of users gave IDEXX Laboratories an outperform vote.

CompanyUnderperformOutperform
IDEXX LaboratoriesOutperform Votes
536
72.14%
Underperform Votes
207
27.86%
MedtronicOutperform Votes
1588
75.48%
Underperform Votes
516
24.52%

Medtronic has higher revenue and earnings than IDEXX Laboratories. Medtronic 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$3.90B9.52$887.87M$10.6742.45
Medtronic$32.36B3.49$3.68B$3.2926.79

IDEXX Laboratories has a net margin of 22.78% compared to Medtronic's net margin of 12.83%. IDEXX Laboratories' return on equity of 55.82% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
IDEXX Laboratories22.78% 55.82% 26.48%
Medtronic 12.83%14.11%7.70%

Summary

IDEXX Laboratories beats Medtronic on 13 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$37.09B$2.20B$5.80B$9.11B
Dividend YieldN/A0.74%5.28%3.98%
P/E Ratio42.455.0825.8819.12
Price / Sales9.5286.88478.16119.58
Price / Cash39.5815.8545.1138.24
Price / Book23.253.327.655.12
Net Income$887.87M-$65.73M$3.18B$245.96M
7 Day Performance1.88%-1.87%-0.48%-0.89%
1 Month Performance5.98%-7.18%1.85%-0.51%
1 Year Performance-18.36%-13.51%18.67%16.50%

IDEXX Laboratories Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IDXX
IDEXX Laboratories
4.588 of 5 stars
$454.51
+0.4%
$533.75
+17.4%
-17.8%$37.22B$3.90B42.6011,000Positive News
MDT
Medtronic
4.323 of 5 stars
$93.02
+0.9%
$95.00
+2.1%
+2.7%$119.28B$32.36B28.4595,000Earnings Report
Analyst Forecast
Analyst Revision
BDX
Becton, Dickinson and Company
4.9356 of 5 stars
$224.89
-0.1%
$278.29
+23.7%
-5.3%$65.22B$20.18B37.3674,000Positive News
EW
Edwards Lifesciences
4.4714 of 5 stars
$76.23
+0.3%
$79.95
+4.9%
-14.1%$44.96B$6.00B11.0019,800
DXCM
DexCom
4.7831 of 5 stars
$89.07
+5.9%
$99.06
+11.2%
-24.2%$34.79B$3.62B53.349,600Positive News
High Trading Volume
RMD
ResMed
4.4137 of 5 stars
$232.93
-2.7%
$244.73
+5.1%
+28.9%$34.21B$4.69B27.509,980Analyst Revision
Positive News
STE
STERIS
4.7832 of 5 stars
$219.54
+0.1%
$258.75
+17.9%
-3.7%$21.57B$5.40B46.6118,179Positive News
PODD
Insulet
4.4166 of 5 stars
$280.56
-0.6%
$277.13
-1.2%
+50.0%$19.68B$1.70B48.043,000Earnings Report
Analyst Forecast
News Coverage
Gap Down
BAX
Baxter International
4.2573 of 5 stars
$30.83
+0.7%
$39.44
+27.9%
-20.0%$15.74B$14.81B154.1660,000Earnings Report
Analyst Forecast
News Coverage
HOLX
Hologic
4.9458 of 5 stars
$63.24
-0.6%
$85.77
+35.6%
-13.8%$14.27B$4.03B19.957,063
GMED
Globus Medical
4.8634 of 5 stars
$83.99
-0.2%
$96.91
+15.4%
+55.5%$11.44B$1.57B125.365,000Earnings Report
Analyst Forecast
News Coverage

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This page (NASDAQ:IDXX) was last updated on 2/21/2025 by MarketBeat.com Staff
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