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.
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.
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.
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.
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.
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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This page (NASDAQ:IDXX) was last updated on 3/25/2025 by MarketBeat.com Staff