$413.15
0.43% today
Nasdaq, Dec 30, 09:45 pm CET
ISIN
US45168D1046
Symbol
IDXX
Sector

IDEXX Laboratories Target price 2024 - Analyst rating & recommendation

IDEXX Laboratories Classifications & Recommendation:

Buy
53%
Hold
47%

IDEXX Laboratories Price Target

Target Price $499.18
Price $414.93
Potential 20.31%
Number of Estimates 11
11 Analysts have issued a price target IDEXX Laboratories 2025 . The average IDEXX Laboratories target price is $499.18. This is 20.31% higher than the current stock price. The highest price target is $566.00 36.41% , the lowest is $435.00 4.84% .
A rating was issued by 15 analysts: 8 Analysts recommend IDEXX Laboratories to buy, 7 to hold and 0 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 20.31% . Most analysts recommend the IDEXX Laboratories stock at Purchase.

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% 33.27%
12.37% 0.88%
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 0.71% .

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 9.54%
2028 $5.4b 9.04%

8 Analysts have issued an IDEXX Laboratories EBITDA forecast 2024. The average IDEXX Laboratories EBITDA estimate is $1.3b . This is 4.22% 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 6.87%
2025 $1.4b 10.37%
2026 $1.5b 8.53%
2027 $1.7b 10.76%
2028 $1.9b 9.71%

EBITDA Margin

2023 32.98% 12.37%
2024 33.27% 0.88%
2025 34.25% 2.95%
2026 34.23% 0.06%
2027 34.61% 1.11%
2028 34.82% 0.61%

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 14.62%
2026 $1.1b 13.23%
2027 $1.3b 14.09%
2028 $1.4b 9.35%

Net Margin

2023 22.54% 15.23%
2024 22.12% 1.88%
2025 23.64% 6.87%
2026 24.66% 4.31%
2027 25.68% 4.14%
2028 25.75% 0.27%

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 39.68
EV/Sales 8.94

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 $15.48 14.08%
2028 $16.93 9.37%

P/E ratio

Current 40.03 29.19%
2024 39.68 0.87%
2025 34.62 12.75%
2026 30.58 11.67%
2027 26.80 12.36%
2028 24.51 8.54%

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 8.94 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 8.76 .

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

EV/Sales

Current 9.02 30.88%
2024 8.94 0.92%
2025 8.34 6.73%
2026 7.68 7.90%
2027 7.01 8.71%
2028 6.43 8.29%

P/S ratio

Current 8.84 31.09%
2024 8.76 0.88%
2025 8.17 6.73%
2026 7.52 7.90%
2027 6.87 8.71%
2028 6.30 8.29%

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