IDXX
Price
$569.91
Change
-$6.96 (-1.21%)
Updated
Mar 4, 2:36 PM EST
59 days until earnings call
INMD
Price
$23.04
Change
+$0.11 (+0.48%)
Updated
Mar 4, 2:41 PM EST
57 days until earnings call
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Analysis and predictions IDXX vs INMD

Header iconIDXX vs INMD Comparison
Open Charts IDXX vs INMDBanner chart's image
IDEXX Laboratories
Price$569.91
Change-$6.96 (-1.21%)
Volume$200
CapitalizationN/A
InMode
Price$23.04
Change+$0.11 (+0.48%)
Volume$690
CapitalizationN/A
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IDXX vs INMD Comparison Chart

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IDXXDaily Signal changed days agoGain/Loss if shorted
 
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INMDDaily Signal changed days agoGain/Loss if shorted
 
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VS
IDXX vs. INMD commentary
Mar 04, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is IDXX is a Hold and INMD is a Hold.

COMPARISON
Comparison
Mar 04, 2024
Stock price -- (IDXX: $576.87 vs. INMD: $22.93)
Brand notoriety: IDXX and INMD are both not notable
Both companies represent the Medical Specialties industry
Current volume relative to the 65-day Moving Average: IDXX: 88% vs. INMD: 86%
Market capitalization -- IDXX: $47.93B vs. INMD: $1.93B
IDXX [@Medical Specialties] is valued at $47.93B. INMD’s [@Medical Specialties] market capitalization is $1.93B. The market cap for tickers in the [@Medical Specialties] industry ranges from $3.82T to $0. The average market capitalization across the [@Medical Specialties] industry is $7.16B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

IDXX’s FA Score shows that 3 FA rating(s) are green whileINMD’s FA Score has 0 green FA rating(s).

  • IDXX’s FA Score: 3 green, 2 red.
  • INMD’s FA Score: 0 green, 5 red.
According to our system of comparison, IDXX is a better buy in the long-term than INMD.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

IDXX’s TA Score shows that 6 TA indicator(s) are bullish while INMD’s TA Score has 5 bullish TA indicator(s).

  • IDXX’s TA Score: 6 bullish, 4 bearish.
  • INMD’s TA Score: 5 bullish, 5 bearish.
According to our system of comparison, IDXX is a better buy in the short-term than INMD.

Price Growth

IDXX (@Medical Specialties) experienced а +0.10% price change this week, while INMD (@Medical Specialties) price change was +7.40% for the same time period.

The average weekly price growth across all stocks in the @Medical Specialties industry was +2.62%. For the same industry, the average monthly price growth was +3.86%, and the average quarterly price growth was +2.32%.

Reported Earning Dates

IDXX is expected to report earnings on May 02, 2024.

INMD is expected to report earnings on Apr 30, 2024.

Industries' Descriptions

@Medical Specialties (+2.62% weekly)

Medical specialties are companies that make equipment used by the health care industry. Equipment manufactured and distributed by these companies include dialysis machines, blood analysis equipment, surgical equipment, dental instruments, and diagnostic tools, among other items. Large companies typically aim to produce and distribute high-quality products across a broad market spectrum. Smaller firms are more likely to specialize in a particular market segment. Due to the industry’s close association with medical treatments, they typically have low sensitivity to macroeconomic fluctuations. Within this industry, Abbott Laboratories, Medtronic Plc and Thermo Fisher Scientific Inc. are some of the companies with multi-billion market capitalizations in the U.S. stock markets.

SUMMARIES
A.I.dvisor published
a Summary for IDXX with price predictions.
OPEN
A.I.dvisor published
a Summary for INMD with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
IDXX($47.9B) has a higher market cap than INMD($1.93B). IDXX has higher P/E ratio than INMD: IDXX (57.34) vs INMD (9.98). IDXX YTD gains are higher at: 3.931 vs. INMD (3.103). IDXX has higher annual earnings (EBITDA): 1.22B vs. INMD (196M). INMD has more cash in the bank: 742M vs. IDXX (454M). INMD has less debt than IDXX: INMD (9.02M) vs IDXX (1.07B). IDXX has higher revenues than INMD: IDXX (3.66B) vs INMD (492M).
IDXXINMDIDXX / INMD
Capitalization47.9B1.93B2,479%
EBITDA1.22B196M621%
Gain YTD3.9313.103127%
P/E Ratio57.349.98575%
Revenue3.66B492M744%
Total Cash454M742M61%
Total Debt1.07B9.02M11,833%
FUNDAMENTALS RATINGS
IDXX: Fundamental Ratings
IDXX
OUTLOOK RATING
1..100
50
VALUATION
overvalued / fair valued / undervalued
1..100
88
Overvalued
PROFIT vs RISK RATING
1..100
30
SMR RATING
1..100
14
PRICE GROWTH RATING
1..100
18
P/E GROWTH RATING
1..100
62
SEASONALITY SCORE
1..100
n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
IDXXINMD
RSI
ODDS (%)
Bearish Trend 4 days ago
56%
Bearish Trend 4 days ago
79%
Stochastic
ODDS (%)
Bearish Trend 4 days ago
55%
Bullish Trend 4 days ago
84%
Momentum
ODDS (%)
Bullish Trend 4 days ago
77%
Bearish Trend 4 days ago
75%
MACD
ODDS (%)
Bullish Trend 4 days ago
67%
Bearish Trend 4 days ago
82%
TrendWeek
ODDS (%)
Bullish Trend 4 days ago
71%
Bullish Trend 4 days ago
85%
TrendMonth
ODDS (%)
Bullish Trend 4 days ago
71%
Bearish Trend 4 days ago
76%
Advances
ODDS (%)
Bullish Trend 4 days ago
70%
Bullish Trend 4 days ago
81%
Declines
ODDS (%)
Bearish Trend 14 days ago
66%
Bearish Trend 12 days ago
78%
BollingerBands
ODDS (%)
Bearish Trend 4 days ago
67%
Bullish Trend 4 days ago
87%
Aroon
ODDS (%)
Bullish Trend 4 days ago
66%
Bullish Trend 4 days ago
80%
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IDXXDaily Signal changed days agoGain/Loss if shorted
 
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INMDDaily Signal changed days agoGain/Loss if shorted
 
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IDXX and

Correlation & Price change

A.I.dvisor indicates that over the last year, IDXX has been closely correlated with RVTY. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if IDXX jumps, then RVTY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IDXX
1D Price
Change %
IDXX100%
+0.29%
RVTY - IDXX
69%
Closely correlated
-2.25%
NEOG - IDXX
54%
Loosely correlated
N/A
IQV - IDXX
50%
Loosely correlated
+2.14%
ISRG - IDXX
50%
Loosely correlated
+3.19%
GMED - IDXX
49%
Loosely correlated
+0.85%
More

INMD and

Correlation & Price change

A.I.dvisor indicates that over the last year, INMD has been loosely correlated with TWST. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if INMD jumps, then TWST could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To INMD
1D Price
Change %
INMD100%
+4.23%
TWST - INMD
47%
Loosely correlated
-1.02%
TFX - INMD
46%
Loosely correlated
+0.09%
IDXX - INMD
45%
Loosely correlated
+0.29%
PACB - INMD
43%
Loosely correlated
-6.15%
KIDS - INMD
43%
Loosely correlated
+2.22%
More