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.
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.
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.
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.
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.
Summary
IDEXX Laboratories beats Medtronic on 13 of the 18 factors compared between the two stocks.
Get IDEXX Laboratories News Delivered to You Automatically
Sign up to receive the latest news and ratings for IDXX and its competitors with MarketBeat's FREE daily newsletter.
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.
Skip ChartMedia 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.
Skip Chart
IDEXX Laboratories Competitors List
Related Companies and Tools
This page (NASDAQ:IDXX) was last updated on 2/21/2025 by MarketBeat.com Staff