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IDEXX Laboratories (IDXX) Competitors

IDEXX Laboratories logo
$417.66 -5.94 (-1.40%)
Closing price 04:00 PM Eastern
Extended Trading
$417.75 +0.09 (+0.02%)
As of 05:20 PM Eastern
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IDXX vs. MDT, BDX, EW, RMD, DXCM, 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), ResMed (RMD), DexCom (DXCM), 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 investment? We will contrast the two businesses based on the strength of their community ranking, analyst recommendations, risk, valuation, dividends, earnings, profitability, media sentiment and institutional ownership.

IDEXX Laboratories presently has a consensus price target of $533.75, indicating a potential upside of 27.80%. Medtronic has a consensus price target of $96.07, indicating a potential upside of 8.56%. Given IDEXX Laboratories' stronger consensus rating and higher possible upside, 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)
8 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.44

IDEXX Laboratories has a beta of 1.39, indicating that its share price is 39% more volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.8, indicating that its share price is 20% less volatile than the S&P 500.

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$3.90B8.69$887.87M$10.6739.14
Medtronic$33.20B3.42$3.68B$3.2926.90

Medtronic received 1052 more outperform votes than IDEXX Laboratories when rated by MarketBeat users. Likewise, 75.49% of users gave Medtronic an outperform vote while only 71.89% of users gave IDEXX Laboratories an outperform vote.

CompanyUnderperformOutperform
IDEXX LaboratoriesOutperform Votes
537
71.89%
Underperform Votes
210
28.11%
MedtronicOutperform Votes
1589
75.49%
Underperform Votes
516
24.51%

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%14.07%7.70%

In the previous week, Medtronic had 29 more articles in the media than IDEXX Laboratories. MarketBeat recorded 54 mentions for Medtronic and 25 mentions for IDEXX Laboratories. IDEXX Laboratories' average media sentiment score of 1.57 beat Medtronic's score of 1.14 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
22 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Medtronic
44 Very Positive mention(s)
5 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

IDEXX Laboratories beats Medtronic on 12 of the 17 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$33.85B$2.46B$5.68B$8.32B
Dividend YieldN/A0.70%4.55%4.02%
P/E Ratio39.145.5724.5519.25
Price / Sales8.6952.02395.7294.09
Price / Cash39.9215.7538.1634.64
Price / Book21.443.067.064.46
Net Income$887.87M-$65.73M$3.19B$247.07M
7 Day Performance-0.44%-1.63%1.49%3.05%
1 Month Performance-9.18%-7.49%5.87%-2.85%
1 Year Performance-21.15%-17.20%14.94%4.63%

IDEXX Laboratories Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IDXX
IDEXX Laboratories
4.2618 of 5 stars
$417.66
-1.4%
$533.75
+27.8%
-20.2%$33.85B$3.90B39.1410,800Analyst Downgrade
Positive News
MDT
Medtronic
4.2918 of 5 stars
$93.45
+0.4%
$96.07
+2.8%
+8.5%$119.77B$33.20B28.3895,000Positive News
BDX
Becton, Dickinson and Company
4.8498 of 5 stars
$227.95
+0.9%
$278.29
+22.1%
-7.0%$65.43B$20.64B37.8574,000Options Volume
Positive News
EW
Edwards Lifesciences
4.8366 of 5 stars
$70.92
+2.4%
$79.95
+12.7%
-23.8%$41.69B$5.44B10.1717,300Positive News
RMD
ResMed
4.777 of 5 stars
$225.61
+0.6%
$243.82
+8.1%
+16.1%$33.14B$4.93B26.648,160Analyst Upgrade
Positive News
DXCM
DexCom
4.8924 of 5 stars
$71.82
+1.6%
$99.82
+39.0%
-43.4%$28.15B$4.03B50.377,600Positive News
STE
STERIS
4.5298 of 5 stars
$228.28
+0.7%
$258.75
+13.3%
-2.6%$22.44B$5.40B48.5018,179Positive News
PODD
Insulet
3.9861 of 5 stars
$262.05
+2.6%
$292.06
+11.5%
+66.8%$18.40B$2.07B45.263,000Positive News
BAX
Baxter International
4.0086 of 5 stars
$34.81
+0.6%
$38.56
+10.8%
-19.8%$17.80B$10.64B-27.1860,000
HOLX
Hologic
4.9453 of 5 stars
$61.58
+1.4%
$84.62
+37.4%
-17.8%$13.82B$4.04B19.437,063Analyst Revision
Positive News
GMED
Globus Medical
4.8688 of 5 stars
$72.42
+1.9%
$97.82
+35.1%
+46.1%$9.96B$2.52B96.535,000
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This page (NASDAQ:IDXX) was last updated on 3/25/2025 by MarketBeat.com Staff
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