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Here's Why Idexx Laboratories (IDXX) is a Strong Momentum Stock
IDEXXIDEXX(US:IDXX) ZACKSยท2025-08-22 14:50

Group 1: Zacks Premium Overview - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] - The service also includes Zacks Style Scores, which are designed to help investors identify stocks with the best potential to outperform the market in the short term [2] Group 2: Zacks Style Scores - Zacks Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each providing insights into different investment strategies [3][4][5][6] - The Value Score focuses on identifying undervalued stocks using financial ratios, while the Growth Score emphasizes a company's financial health and future growth potential [3][4] - The Momentum Score helps investors capitalize on price trends, and the VGM Score combines all three styles to highlight stocks with the best overall characteristics [5][6] Group 3: Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in stock selection, with 1 (Strong Buy) stocks achieving an average annual return of +23.75% since 1988, significantly outperforming the S&P 500 [7][8] - There are over 800 stocks rated as 1 or 2, making it essential for investors to utilize Style Scores to narrow down their choices [9][10] Group 4: Stock Highlight - IDEXX Laboratories - IDEXX Laboratories, Inc. is a company focused on products and services for veterinary, livestock, water testing, and human diagnostics markets, currently holding a 3 (Hold) Zacks Rank with a VGM Score of B [12] - The company has a Momentum Style Score of A, with shares increasing by 15.1% in the past four weeks, and analysts have raised earnings estimates for fiscal 2025 [13] - The Zacks Consensus Estimate for IDEXX's earnings has risen by $0.39 to $12.55 per share, indicating a positive outlook for the company [13]