Professional
Added to YB: 2024-08-15
Pitch date: 2024-06-30
IDXX [bullish]
IDEXX Laboratories, Inc.
+44.77%
current return
Author Info
No bio for this author
Company Info
IDEXX Laboratories, Inc. develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally.
Market Cap
$56.5B
Pitch Price
$486.44
Price Target
N/A
Dividend
N/A
EV/EBITDA
38.97
P/E
56.15
EV/Sales
13.77
Sector
Health Care Equipment and Supplies
Category
growth
Baron Partners Fund Portfolio Holding: IDEXX Laboratories, Inc.
IDXX: Vet diagnostics leader facing uneven US clinic traffic. Strong execution maintains robust financials. Competitive edge, new innovations, sales force expansion to drive 2024 growth. Accelerated pet ownership & care spending trends support long-term growth. Short-term headwinds, but solid long-term outlook.
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