IDXX
MACY’S INC. $25 (www.macys.com) reported that sales rose 1.6% at its 850 department stores in March 2011, to $2.21 billion from $2.17 billion in March 2010. Same-store sales rose 0.9%. The company expects same-store sales to rise by 8% to 9% in April 2011 from a year earlier, due to a cosmetics promotion and the later Easter holiday. Buy.
STATE STREET …read more »
FORD MOTOR CO. $15 (New York symbol F; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 3.6 billion; Market cap: $54.0 billion; Price-to-sales ratio: 0.4; No dividends paid since June 2006; TSINetwork Rating: Speculative; www.ford.com) has agreed to form a 50/50 joint venture with Russian carmaker Sollers. This new business should start making passenger cars and light commercial vehicles …read more »
IDEXX LABORATORIES INC. $60 makes equipment that veterinarians use to detect diseases in animals. Idexx earned $0.59 a share in the three months ended September 30, 2010. That’s up 13.5% from $0.52 a year earlier. Revenue rose 4.1%, to $269.6 million from $259.1 million. However, the uncertain economy could lead to fewer vet visits by cash-strapped pet owners. Hold.
NCR CORP. …read more »
IDEXX LABORATORIES INC. $56 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 57.7 million; Market cap: $3.2 billion; Price-to-sales ratio: 3.0; No dividends paid; WSSF Rating: Average) earned $0.62 a share in the three months ended June 30, 2010. That’s up 12.7% from $0.55 a year earlier. Revenue rose 5.9%, to $281.5 million from $265.7 million. …read more »
IDEXX LABORATORIES INC. $53 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 58.6 million; Market cap: $3.1 billion; Price-to-sales ratio: 3.0; No dividends paid; WSSF Rating: Average) makes equipment that veterinarians use to detect diseases in animals. It also makes systems that detect contaminants in water and milk. The company sells its products in over 100 …read more »
IDEXX LABORATORIES INC. $52 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 58.6 million; Market cap: $3 billion; Price-to-sales ratio: 3.1; WSSF Rating: Average) makes equipment that veterinarians uses to detect diseases in animals. Idexx also makes systems that detect contaminants in water and milk.
Because of the weak economy, fewer pet owners are taking their animals …read more »
The American Pet Products Association estimates that spending on pets will rise 5% this year, despite the economic slowdown. As well, over 60% of U.S. households now own a pet, and this number is expected to rise. These trends should continue to help these two pet-focused stocks.
IDEXX LABORATORIES INC. $52 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; …read more »
IDEXX LABORATORIES INC. $58 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 60.3 million; Market cap: $3.5 billion; WSSF Rating: Average) has gained 20% in the past three months, mainly due to higher-than-expected earnings.
In the second quarter of 2008, Idexx’s earnings grew 85.3%, to $0.63 a share from $0.34 a year earlier. The year-earlier quarter included …read more »
IDEXX LABORATORIES INC. $48 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 61.0 million; Market cap; $2.9 billion; WSSF Rating: Average) reported that sales grew 24.8% in 2007, to $922.6 million from $739.1 million in 2006. Earnings per share before one-time items rose 18.8%, to $1.58 from $1.33. However, higher sales of low-profit products and services …read more »
IDEXX LABORATORIES INC. $112 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 30.6 million; Market cap: $3.4 billion; WSSF Rating: Average) makes equipment that veterinarians use to detect disease in pets and livestock. It also makes systems that detect contaminants in water and milk.
Idexx stands to gain from increasing levels of pet ownership. Based on this …read more »
