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Is this Large Market Cap Stock target price reasonable for IDEXX Laboratories, Inc. (NASDAQ:IDXX)?

The company in question is, IDEXX Laboratories, Inc. (NASDAQ:IDXX) currently with a stock price of 110.72 (-0.82% today). The market cap for IDEXX Laboratories, Inc. is 10380.29, and is in the sector Healthcare, and Diagnostic Substances industry. The target price for IDEXX Laboratories, Inc. is 115.5. Currently IDEXX Laboratories, Inc. is trading with a P/E of 50.54, and a forward P/E of 41.59. Average volume for IDEXX Laboratories, Inc. is 531.15 and so far today it is 10385.

Performance in the last year for IDEXX Laboratories, Inc. has been 46.22%. For EPS growth, IDEXX Laboratories, Inc. has seen a growth of 14.40%, and is looking to grow in the next year to 13.68%. More long term stats show that EPS growth has been 11.60% over the last five years and could be 13.67% for the next five years. IDEXX Laboratories, Inc. has seen sales growth quarter over quarter at 12.90%, with EPS growth quarter over quarter at 22.60%. The 20-day simple moving average is 6.70%, with the 200-day simple moving average coming to 31.42%.

Since the IPO date for IDEXX Laboratories, Inc. on the 6/24/1991, IDEXX Laboratories, Inc. has seen performance year to date to be 53.10%. With IDEXX Laboratories, Inc. trading at 110.72, the dividend yield is *TBA, and the EPS is 2.21.

So could IDEXX Laboratories, Inc., be undervalued? Well as said before P/E is 50.54. The PEG is 3.7, P/S is 6.14 and the P/B is at *TBA. The P/cash is 28.04, with P/free cash flow at 49.17.

IDEXX Laboratories, Inc. ability to deal with debt shows that the current ratio is 1, and the quick ratio is 0.8. This is with long term debt/equity at *TBA, and total debt/equity at *TBA.

In terms of margins, IDEXX Laboratories, Inc. has a gross margin of 55.00%, an operating margin of 18.70% and a profit margin of 11.90%.Payout ratio for IDEXX Laboratories, Inc. is 0.00%. Return on assets come to 13.60% with return on investment coming to 22.10%.

Insider ownership for IDEXX Laboratories, Inc., is at 1.30% and institutional ownership comes to 94.30%. Outstanding shares are at 92.98. While shares float is 88.25. The float short is currently 4.43%, and short ratio is 7.37.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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