Professional
Added to YB: 2025-09-22
Pitch date: 2025-06-30
IDXX [bullish]
IDEXX Laboratories, Inc.
+31.9%
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
$533.88
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
Platinum International Brands Fund New Position: IDEXX Laboratories, Inc.
IDXX (new position): Global vet diagnostics leader w/ razor-blade model selling in-clinic instruments + high-margin consumable reagents. 40% ROIC, durable growth from rising pet health spending (mostly out-of-pocket) + increasing diagnostic penetration. Acquired at 30x P/E, fair price for quality biz.
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