Finance

Which company offers more value? IDEXX Laboratories, Inc. (NASDAQ:IDXX)

IDEXX Laboratories, Inc. (NASDAQ:IDXX), closed the last trading session at $285.05 with increase of $1.77000000000004 or 0.62 percent against the opening price of $283.28. The trading day volume of the company stands at 283851 shares while the average trading volume of IDEXX Laboratories, Inc. (NASDAQ:IDXX) is 488.45 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 86.48 Million.

The price target of IDEXX Laboratories, Inc. (NASDAQ:IDXX) is currently set at 303.6 by the analysts. The stock is $-3.23 Below its 1-Year High which is $294.57. IDXX hit its 1-Year low price of $198.74. The company is currently rated by analyst who are keeping a close eye on the stock as 1.9. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of IDEXX Laboratories, Inc. (NASDAQ:IDXX)

The value of the stock increased by 1.56% during the previous week performance. Looking at the 1 month performance of IDEXX Laboratories, Inc. (NASDAQ:IDXX), the stock jumped 0.36%. While the 1 year performance shows a positive percentage of 35.49 and year to date performance stands at 9.16%.

IDEXX Laboratories, Inc. (NASDAQ:IDXX) Analytical Review

The stock needs to grow about $18.55 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 1.28%, 5.88% and 5.99 percent respectively. The stock trades about 1.44 percent of its Float giving its total shares Outstanding are 86.48 Million. IDXX gained about 5.65 percent in 6 months showing its Average True Range of 6.49. The company currently has a RSI and Beta of 59.68 and 0.8.

While talking about IDEXX Laboratories, Inc. (NASDAQ:IDXX) valuation ratios, the stock trades with a P/S and P/B of 10.24 and 121.3 which is significantly better and attractive as compared to its peers.