IDEXX Laboratories (IDXX) Scheduled to Post Quarterly Earnings on Friday
IDEXX Laboratories (NASDAQ:IDXX) is scheduled to issue its Q114 quarterly earnings data on Friday, April 25th. Analysts expect the company to announce earnings of $0.87 per share and revenue of $361.58 million for the quarter. IDEXX Laboratories has set its FY14 guidance at $3.82-3.92 EPS.
IDEXX Laboratories (NASDAQ:IDXX) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.82 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.81 by $0.01. The company had revenue of $354.10 million for the quarter, compared to the consensus estimate of $347.08 million. During the same quarter in the prior year, the company posted $0.78 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. On average, analysts expect IDEXX Laboratories to post $3.83 EPS for the current fiscal year and $4.37 EPS for the next fiscal year.
IDEXX Laboratories (NASDAQ:IDXX) opened at 119.88 on Thursday. IDEXX Laboratories has a 1-year low of $81.57 and a 1-year high of $129.27. The stock’s 50-day moving average is $122.5 and its 200-day moving average is $113.. The company has a market cap of $6.186 billion and a price-to-earnings ratio of 34.12.
A number of analysts have recently weighed in on IDXX shares. Analysts at Stifel Nicolaus raised their price target on shares of IDEXX Laboratories from $120.00 to $135.00 in a research note on Monday, April 14th. They now have a “buy” rating on the stock. On a related note, analysts at Piper Jaffray initiated coverage on shares of IDEXX Laboratories in a research note on Monday, March 10th. They set a “neutral” rating and a $125.00 price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of IDEXX Laboratories from $99.00 to $116.00 in a research note on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $117.75.
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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