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Idexx Laboratories IDXX - News Analyzed: 3,932 - Last Week: 98 - Last Month: 494

β‡— Strong Fundamentals and Corporate Responsibility Initiatives Drive IDEXX Laboratories' Performance Amid Wall Street Optimism

Strong Fundamentals and Corporate Responsibility Initiatives Drive IDEXX Laboratories' Performance Amid Wall Street Optimism

The IDEXX Laboratories' (IDXX) investment scene is currently marked by optimism and caution. The company's stock performance is being shaped by strong fundamentals. The company's commitment towards its corporate responsibility goals is seen in the release of its 2023 corporate responsibility report. Analysts have rated the stock a moderate buy due to its stable debt management and strong return on capital. Azzad Asset Management Inc. ADV and HBW Advisory Services have increased their shareholdings while some insiders have sold off large chunks of stock.

IDEXX's clinical visits in the U.S. have dropped but the company has expanded its test menu for the Catalyst platform to aid in diagnosing pancreatitis. The second quarter financial results fell short of estimates with a lower than expected EPS. However, Idexx reported impressive earnings growth and good performance in the next financial quarters. Stifel Nicolaus and JPMorgan Chase have adjusted their price target for the company.

Idexx Laboratories IDXX News Analytics from Sat, 09 Apr 2022 07:00:00 GMT to Fri, 11 Oct 2024 15:00:53 GMT - Rating 5 - Innovation 3 - Information 6 - Rumor 2

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