Idexx Laboratories Stock Price on July 31, 2020
| IDXX Stock | USD 479.57 3.22 0.68% |
Below is the normalized historical share price chart for IDEXX Laboratories extending back to June 24, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IDEXX Laboratories stands at 479.57, as last reported on the 23rd of April, with the highest price reaching 481.76 and the lowest price hitting 473.86 during the day.
If you're considering investing in IDEXX Stock, it is important to understand the factors that can impact its price. IDEXX Laboratories holds Efficiency (Sharpe) Ratio of -0.0726, which attests that the entity had a -0.0726% return per unit of return volatility over the last 3 months. IDEXX Laboratories exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IDEXX Laboratories' Risk Adjusted Performance of (0.04), coefficient of variation of (1,285), and Market Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
At this time, IDEXX Laboratories' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 94.9 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (2.8 B). . At this time, IDEXX Laboratories' Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 57.29 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 2.03 in 2024. IDEXX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of June 1991 | 200 Day MA 504.514 | 50 Day MA 537.1498 | Beta 1.259 |
IDEXX |
Sharpe Ratio = -0.0726
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Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IDEXX Laboratories is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IDEXX Laboratories by adding IDEXX Laboratories to a well-diversified portfolio.
Price Book 27.8496 | Enterprise Value Ebitda 34.4569 | Price Sales 11.2931 | Shares Float 82.2 M | Wall Street Target Price 604.62 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About IDEXX Laboratories Stock history
IDEXX Laboratories investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IDEXX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IDEXX Laboratories will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IDEXX Laboratories stock prices may prove useful in developing a viable investing in IDEXX Laboratories
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 84 M | 94.9 M | |
| Net Income Applicable To Common Shares | 781 M | 820 M |
IDEXX Laboratories Stock Technical Analysis
IDEXX Laboratories technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
IDEXX Laboratories Period Price Range
IDEXX Laboratories April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how IDEXX Laboratories stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IDEXX Laboratories shares will generate the highest return on investment. By undertsting and applying IDEXX Laboratories stock market strength indicators, traders can identify IDEXX Laboratories entry and exit signals to maximize returns
IDEXX Laboratories Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IDEXX Laboratories' price direction in advance. Along with the technical and fundamental analysis of IDEXX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IDEXX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.13) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEXX Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for IDEXX Stock analysis
When running IDEXX Laboratories' price analysis, check to measure IDEXX Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDEXX Laboratories is operating at the current time. Most of IDEXX Laboratories' value examination focuses on studying past and present price action to predict the probability of IDEXX Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEXX Laboratories' price. Additionally, you may evaluate how the addition of IDEXX Laboratories to your portfolios can decrease your overall portfolio volatility.
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Is IDEXX Laboratories' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IDEXX Laboratories. If investors know IDEXX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IDEXX Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.121 | Earnings Share 10.07 | Revenue Per Share 44.073 | Quarterly Revenue Growth 0.088 | Return On Assets 0.2283 |
The market value of IDEXX Laboratories is measured differently than its book value, which is the value of IDEXX that is recorded on the company's balance sheet. Investors also form their own opinion of IDEXX Laboratories' value that differs from its market value or its book value, called intrinsic value, which is IDEXX Laboratories' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IDEXX Laboratories' market value can be influenced by many factors that don't directly affect IDEXX Laboratories' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IDEXX Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if IDEXX Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDEXX Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.