Professional
Added to YB: 2024-07-11
Pitch date: 2024-07-06
IDXX [bullish]
IDEXX Laboratories, Inc.
+44.76%
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
$486.46
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
ClearBridge Growth Strategy New Position: IDEXX Laboratories, Inc.
IDXX: Leader in $45B pet/livestock diagnostics market, only 15% penetrated. Growth drivers: increasing market penetration, new product cycles, consumables pull-through. Strong margins with expansion potential. Large untapped market opportunity in companion animal and livestock diagnostics globally.
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