$437.08
1.72% yesterday
Nasdaq, Dec 11, 10:11 pm CET
ISIN
US45168D1046
Symbol
IDXX
Sector

IDEXX Laboratories Target price 2024 - Analyst rating & recommendation

IDEXX Laboratories Classifications & Recommendation:

Buy
44%
Hold
44%
Sell
13%

IDEXX Laboratories Price Target

Target Price $495.73
Price $437.08
Potential 13.42%
Number of Estimates 11
11 Analysts have issued a price target IDEXX Laboratories 2025 . The average IDEXX Laboratories target price is $495.73. This is 13.42% higher than the current stock price. The highest price target is $566.00 29.50% , the lowest is $435.00 0.48% .
A rating was issued by 16 analysts: 7 Analysts recommend IDEXX Laboratories to buy, 7 to hold and 2 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the IDEXX Laboratories stock has an average upside potential 2025 of 13.42% . Most analysts recommend the IDEXX Laboratories stock at Buy or hold.

Sales and Margin forecast 2024, 2025 to 2028


Dec '23 2024
Estimates
Revenue Billion $ 3.66 3.88
8.72% 5.95%
EBITDA Margin 32.98% 33.25%
12.37% 0.82%
Net Margin 22.54% 22.12%
15.23% 1.88%

11 Analysts have issued a sales forecast IDEXX Laboratories 2024 . The average IDEXX Laboratories sales estimate is $3.9b . This is 0.88% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $3.9b 1.19% , the lowest is $3.9b 0.70% .

This results in the following potential growth metrics:

Revenue Estimates

2023 $3.7b 8.72%
2024 $3.9b 5.95%
2025 $4.2b 7.21%
2026 $4.5b 8.58%
2027 $4.9b 9.34%
2028 $5.4b 9.25%

8 Analysts have issued an IDEXX Laboratories EBITDA forecast 2024. The average IDEXX Laboratories EBITDA estimate is $1.3b . This is 4.18% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $1.4b 11.32% , the lowest is $1.2b 0.25% .

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $1.2b 22.17%
2024 $1.3b 6.83%
2025 $1.4b 10.60%
2026 $1.5b 8.62%
2027 $1.7b 10.48%
2028 $1.9b 9.71%

EBITDA Margin

2023 32.98% 12.37%
2024 33.25% 0.82%
2025 34.31% 3.19%
2026 34.32% 0.03%
2027 34.68% 1.05%
2028 34.82% 0.40%

12 IDEXX Laboratories Analysts have issued a net profit forecast 2024. The average IDEXX Laboratories net profit estimate is $858m . This is 0.93% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is $864m 1.64% , the lowest is $853m 0.39% .

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $825m 25.28%
2024 $858m 3.94%
2025 $983m 14.59%
2026 $1.1b 13.22%
2027 $1.3b 13.39%
2028 $1.4b 10.06%

Net Margin

2023 22.54% 15.23%
2024 22.12% 1.88%
2025 23.64% 6.87%
2026 24.65% 4.27%
2027 25.56% 3.69%
2028 25.75% 0.74%

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028


Dec '23 2024
Estimates
Earnings Per Share $ 10.06 10.46
25.28% 3.98%
P/E 42.53
EV/Sales 9.57

12 Analysts have issued a IDEXX Laboratories forecast for earnings per share. The average IDEXX Laboratories <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $10.46 . This is 0.97% higher than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $10.53 1.64% , the lowest is $10.40 0.39% .

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $10.06 25.28%
2024 $10.46 3.98%
2025 $11.98 14.53%
2026 $13.57 13.27%
2027 $15.38 13.34%
2028 $16.93 10.08%

P/E ratio

Current 42.91 20.84%
2024 42.53 0.89%
2025 37.12 12.72%
2026 32.78 11.69%
2027 28.91 11.81%
2028 26.27 9.13%

Based on analysts' sales estimates for 2024, the IDEXX Laboratories stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 9.57 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 9.39 .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 9.65 22.92%
2024 9.57 0.87%
2025 8.92 6.72%
2026 8.22 7.90%
2027 7.52 8.54%
2028 6.88 8.47%

P/S ratio

Current 9.47 22.99%
2024 9.39 0.88%
2025 8.76 6.72%
2026 8.07 7.90%
2027 7.38 8.54%
2028 6.75 8.47%

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