IDEXX Laboratories (IDXX) has risen sharply, recording gains of 17.44% in the past 4 weeks. However, the stock has corrected -0.92% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 17.69% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.71% and the fifty day Moving Average is 11.66%. IDEXX Laboratories, Inc. is up 22.29% in the last three month period. Year-to-Date the stock performance stands at 51.06%.
IDEXX Laboratories (IDXX) : The highest short term price target forecast on IDEXX Laboratories (IDXX) is $125 and the lowest target price is $85. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $100.75 with a standard deviation of $17.1.
IDEXX Laboratories (NASDAQ:IDXX): stock turned positive on Friday. Though the stock opened at $109.74, the bulls momentum made the stock top out at $111.27 level for the day. The stock recorded a low of $109.48 and closed the trading day at $110.15, in the green by 0.22%. The total traded volume for the day was 433,504. The stock had closed at $109.91 in the previous days trading.
IDEXX Laboratories, Inc. develops, manufactures and distributes products and provides services primarily for the companion animal veterinary, livestock and poultry, water testing and dairy markets. The Company sells a line of portable electrolytes and blood gas analyzers for the human point-of-care medical diagnostics market. Its segments include Companion Animal Group (CAG), Water, Livestock, Poultry and Dairy, and Other. Its Products and services include point-of-care veterinary diagnostic products; veterinary reference laboratory diagnostic and consulting services; practice management systems and services, and digital imaging systems; biological materials testing, laboratory animal diagnostic instruments and services; diagnostic, health-monitoring and food safety testing products for livestock, poultry and dairy; products that test water for microbiological contaminants, and point-of-care electrolytes and blood gas analyzers for the human point-of-care medical diagnostics market.