Idexx Laboratories stock hits 52-week high at $530.74

With an impressive financial health score rated as "GREAT" by InvestingPro, and operating with moderate debt levels, this upward trend in stock price underscores investor confidence in Idexx Laboratories’ continued expansion and innovation within the industry. InvestingPro subscribers have access to 16 additional key insights about IDXX, including detailed valuation metrics and growth indicators. In other recent news, IDEXX Laboratories reported its first-quarter 2025 earnings, with an earnings per share (EPS) of $2.96, surpassing analyst expectations of $2.86. The company’s revenue for the quarter was $998.43 million, slightly below the anticipated $1 billion. IDEXX’s organic revenue growth was 5%, supported by the launch of new products like the IDEXX CancerDx for canine lymphoma detection.
The company has also updated its full-year EPS guidance to a range of $11.93 to $12.43 per share. Analysts from Leerink Partners and BTIG have shown optimism in IDEXX’s growth, with Leerink raising the stock price target to $580 and BTIG increasing it to $545, both maintaining positive ratings. BTIG highlighted IDEXX’s ability to navigate economic challenges and improve its margins, while Leerink emphasized the company’s strong position in the veterinary diagnostics market. IDEXX’s recent product innovations and strategic management are seen as key drivers for its continued growth. This article was generated with the support of AI and reviewed by an editor.
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