IDEXX Laboratories Inc. Reaches New 12-Month High at $102.81 (IDXX)
IDEXX Laboratories (NASDAQ:IDXX)’s share price reached a new 52-week high during trading hours on Tuesday, Analyst Ratings Network.com reports. The company traded as high as $102.81 and last traded at $102.27, with a volume of 366,655 shares traded. The stock had previously closed at $99.65.
Separately, analysts at Stifel Nicolaus upgraded shares of IDEXX Laboratories (NASDAQ:IDXX) from a “hold” rating to a “buy” rating in a research note to investors on Monday, July 15th. They now have a $110.00 price target on the stock.
IDEXX Laboratories has a 52-week low of $81.57 and a 52-week high of $100.81. The stock’s 50-day moving average is $96.7 and its 200-day moving average is $91.76. The company has a market cap of $5.398 billion and a P/E ratio of 29.86.
IDEXX Laboratories (NASDAQ:IDXX) last released its earnings data on Tuesday, July 23rd. The company reported $0.99 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.97 by $0.02. The company had revenue of $352.60 million for the quarter, compared to the consensus estimate of $356.80 million. During the same quarter in the prior year, the company posted $0.91 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Analysts expect that IDEXX Laboratories will post $3.46 EPS for the current fiscal year.
IDEXX Laboratories, Inc develops, manufactures and distributes products and provides services primarily for the companion animal veterinary, livestock and poultry, water testing and dairy markets.
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