Value Investing Philosophy And Idexx Laboratories, Inc. (NASDAQ: IDXX)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that IDEXX Announces Fourth Quarter and Full Year Results.

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Stocks Info

IDXX belongs to the Healthcare sector of the NASDAQ while operating in the Diagnostics & Research industry. At the end of the last regular session, the stock closed at $573.61 and fluctuated between $575.95 as its day high and $562.42 as its day low. The current market capitalization of Idexx Laboratories, Inc. is $47.64B. A total of 0.54 million shares were traded on the day, compared to an average of 492.18K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, IDXX has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 2,494 shares. Over the last 12 months, there were 76 BUYs and 61 SELLs from insiders. Insiders purchased 240,206 shares during that period but sold 274,307.

In the most recent transaction, POLEWACZYK JAMES F sold 11,636 shares of IDXX for 521.79 per share on Dec 07. After the transaction, the Executive Vice President now owns 10,050 company shares. In a previous transaction on Dec 04, MAZELSKY JONATHAN JAY sold 7,128 shares at 513.05 per share. IDXX shares that President and CEO owns now total 79,233.

Among the insiders who sold shares, MAZELSKY JONATHAN JAY disposed of 13,424 shares on Aug 31 at a per-share price of $512.01. This resulted in the President and CEO holding 72,925 shares of IDXX after the transaction. In another insider transaction, POLEWACZYK JAMES F sold 22,909 shares at $510.56 per share on Aug 29. Company shares held by the Executive Vice President now total 10,038.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for IDXX in the last 3 months, the mean price target is $600.75 with high estimates of $675.00 and low estimates of $460.00. In terms of 52-week highs and lows, IDXX has a high of $579.68 and a low of $372.50.

As of this writing, IDXX has an earnings estimate of $2.68 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $2.75 per share and a lower estimate of $2.6. The company reported an EPS of $2.53 in the last quarter, which was 6.80% higher than expectations of $2.37.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. IDXX’s latest balance sheet shows that the firm has $144.45M in Cash & Short Term Investments as of fiscal 2021. There were $1.03B in debt and $763.58M in liabilities at the time. Its Book Value Per Share was $15.62, while its Total Shareholder’s Equity was $689.99M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IDXX is Buy with a score of 4.18.

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