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IDEXX Laboratories (IDXX) Competitors

IDEXX Laboratories logo
$427.09 -3.38 (-0.79%)
(As of 12/17/2024 ET)

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

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

IDEXX Laboratories vs.

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

In the previous week, Boston Scientific had 19 more articles in the media than IDEXX Laboratories. MarketBeat recorded 32 mentions for Boston Scientific and 13 mentions for IDEXX Laboratories. IDEXX Laboratories' average media sentiment score of 1.36 beat Boston Scientific's score of 1.01 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
10 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Boston Scientific
16 Very Positive mention(s)
5 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IDEXX Laboratories$3.84B9.10$845.04M$10.3741.19
Boston Scientific$15.91B8.38$1.59B$1.2174.74

IDEXX Laboratories presently has a consensus target price of $539.63, suggesting a potential upside of 26.35%. Boston Scientific has a consensus target price of $95.52, suggesting a potential upside of 5.63%. Given IDEXX Laboratories' higher probable upside, equities research analysts plainly believe IDEXX Laboratories is more favorable than Boston Scientific.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IDEXX Laboratories
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.90
Boston Scientific
0 Sell rating(s)
3 Hold rating(s)
19 Buy rating(s)
1 Strong Buy rating(s)
2.91

IDEXX Laboratories has a net margin of 22.53% compared to Boston Scientific's net margin of 11.26%. IDEXX Laboratories' return on equity of 55.42% beat Boston Scientific's return on equity.

Company Net Margins Return on Equity Return on Assets
IDEXX Laboratories22.53% 55.42% 25.90%
Boston Scientific 11.26%17.23%9.52%

87.8% of IDEXX Laboratories shares are held by institutional investors. Comparatively, 89.1% of Boston Scientific shares are held by institutional investors. 2.1% of IDEXX Laboratories shares are held by insiders. Comparatively, 0.5% of Boston Scientific shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

IDEXX Laboratories has a beta of 1.37, suggesting that its stock price is 37% more volatile than the S&P 500. Comparatively, Boston Scientific has a beta of 0.8, suggesting that its stock price is 20% less volatile than the S&P 500.

Boston Scientific received 508 more outperform votes than IDEXX Laboratories when rated by MarketBeat users. However, 72.36% of users gave IDEXX Laboratories an outperform vote while only 69.65% of users gave Boston Scientific an outperform vote.

CompanyUnderperformOutperform
IDEXX LaboratoriesOutperform Votes
534
72.36%
Underperform Votes
204
27.64%
Boston ScientificOutperform Votes
1042
69.65%
Underperform Votes
454
30.35%

Summary

IDEXX Laboratories beats Boston Scientific on 10 of the 18 factors compared between the two stocks.

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$34.97B$2.61B$5.13B$9.29B
Dividend YieldN/A0.74%4.74%4.06%
P/E Ratio41.196.33134.7917.49
Price / Sales9.1072.561,255.71139.73
Price / Cash37.8115.1640.4137.96
Price / Book23.893.344.904.91
Net Income$845.04M$29.98M$117.74M$224.90M
7 Day Performance-3.96%-4.53%14.56%-1.38%
1 Month Performance1.47%11.43%17.54%5.44%
1 Year Performance-21.07%-22.43%36.48%22.87%

IDEXX Laboratories Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IDXX
IDEXX Laboratories
4.991 of 5 stars
$427.09
-0.8%
$539.63
+26.3%
-21.1%$34.97B$3.84B41.1911,000Positive News
BSX
Boston Scientific
4.5351 of 5 stars
$91.14
+1.1%
$95.52
+4.8%
+62.0%$134.32B$15.91B75.0248,000Analyst Forecast
Short Interest ↑
MDT
Medtronic
4.9709 of 5 stars
$82.03
-0.5%
$95.27
+16.1%
-1.5%$105.19B$33.00B25.1495,000Options Volume
Positive News
BDX
Becton, Dickinson and Company
4.9806 of 5 stars
$230.54
+2.2%
$283.50
+23.0%
-4.8%$66.65B$20.18B37.9774,000Short Interest ↓
EW
Edwards Lifesciences
3.9972 of 5 stars
$73.84
+0.7%
$79.40
+7.5%
-3.6%$43.55B$6.00B10.7419,800Analyst Upgrade
Insider Trade
Analyst Revision
RMD
ResMed
4.6286 of 5 stars
$241.02
+1.0%
$227.91
-5.4%
+43.5%$35.38B$4.81B31.599,980Analyst Revision
Positive News
DXCM
DexCom
4.9889 of 5 stars
$76.42
-1.0%
$98.00
+28.2%
-36.5%$29.85B$3.95B46.229,600Short Interest ↓
STE
STERIS
4.9508 of 5 stars
$213.74
-0.2%
$262.50
+22.8%
-1.5%$21.10B$5.14B48.9118,179Positive News
PODD
Insulet
4.3598 of 5 stars
$266.78
-1.0%
$267.44
+0.2%
+27.2%$18.71B$1.70B46.123,000
HOLX
Hologic
4.686 of 5 stars
$73.14
-0.7%
$89.50
+22.4%
+1.8%$16.60B$4.03B22.147,063Analyst Revision
BAX
Baxter International
4.6335 of 5 stars
$29.56
-2.5%
$40.45
+36.9%
-23.4%$15.09B$15.06B149.2060,000

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This page (NASDAQ:IDXX) was last updated on 12/18/2024 by MarketBeat.com Staff
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