Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
IDEX Corporation (IEX)
NYSE:IEX
Holding IEX?
Track your performance easily
IEX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$183.77 - $246.36
Previous Close$204.84
Volume452.92K
Average Volume (3M)533.94K
Market Cap
$15.35B
Enterprise Value$15.95B
Total Cash (Recent Filing)$700.70M
Total Debt (Recent Filing)$1.30B
Price to Earnings (P/E)26.5
Beta0.87
Next Earnings
Feb 04, 2025EPS Estimate
$2.02Last Dividend Ex-Date
Oct 11, 2024Dividend Yield1.31%
Share Statistics
EPS (TTM)7.65
Shares Outstanding75,703,395
10 Day Avg. Volume343,712
30 Day Avg. Volume533,939
Standard Deviation0.07
R-Squared0.58
Alpha-0.00432
Financial Highlights & Ratios
Price to Book (P/B)4.25
Price to Sales (P/S)4.81
Price to Cash Flow (P/CF)28.70
P/FCF Ratio30.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.00
Enterprise Value/Gross Profit11.02
Enterprise Value/Ebitda21.17
Forecast
1Y Price Target
$232.00Price Target Upside13.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
IDEX News
PremiumPre-Earnings
Is IEX a Buy, Before Earnings?
PremiumCompany Announcements
IDEX Enhances Tech Portfolio with Mott Corporation Acquisition
Bulls Say, Bears Say
Bulls Say
Acquisition StrategyIEX announced an agreement to acquire Mott Corporation, a leader in engineered filtration and flow control products, manufacturing sintered porous structures and solutions for high growth markets like energy transition, semiconductors, and water purification.
Financial PerformanceShares trade at the widest discount vs. peers going back well over a decade and at the lowest multiple in gross terms since Covid.
Market PositionAs investors become more concerned about global growth, diversified, acquisitive companies like IEX should gain flow of funds.
Bears Say
Financial GuidanceThe 2024 guidance cut was larger than expected, putting pressure on investor expectations due to project delays and a slower recovery.
Market SentimentMore investors are shifting from being believers to doubters, increasing skepticism about the stock.
Stock PerformanceChallenges in forecasting and guidance have led to the stock underperforming by approximately 30% compared to the S&P over the past two years.
---
Ownership Overview
0.17% Insiders
32.03% Mutual Funds
2.39% Other Institutional Investors
36.34% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
IEX FAQ
What was IDEX Corporation’s price range in the past 12 months?
IDEX Corporation lowest stock price was $183.76 and its highest was $246.36 in the past 12 months.
What is IDEX Corporation’s market cap?
Currently, no data Available
When is IDEX Corporation’s upcoming earnings report date?
IDEX Corporation’s upcoming earnings report date is Feb 04, 2025 which is in 97 days.
How were IDEX Corporation’s earnings last quarter?
IDEX Corporation released its earnings results on Oct 29, 2024. The company reported $1.9 earnings per share for the quarter, beating the consensus estimate of $1.887 by $0.013.
Is IDEX Corporation overvalued?
According to Wall Street analysts IDEX Corporation’s price is currently Undervalued.
Does IDEX Corporation pay dividends?
IDEX Corporation pays a Quarterly dividend of $0.69 which represents an annual dividend yield of 1.31%. See more information on IDEX Corporation dividends here
What is IDEX Corporation’s EPS estimate?
IDEX Corporation’s EPS estimate is $2.02.
How many shares outstanding does IDEX Corporation have?
IDEX Corporation has 75,703,390 shares outstanding.
What happened to IDEX Corporation’s price movement after its last earnings report?
IDEX Corporation reported an EPS of $1.9 in its last earnings report, beating expectations of $1.887. Following the earnings report the stock price went down -5.847%.
Which hedge fund is a major shareholder of IDEX Corporation?
Among the largest hedge funds holding IDEX Corporation’s share is Alecta Pensionsforsakring, Omsesidigt. It holds IDEX Corporation’s shares valued at 161M.
---
IDEX Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$232.00 (13.79% Upside)
$232.00 (13.79% Upside)
Blogger Sentiment
Bullish
IEX Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 204.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 6.3%
Last 30 Days ▼ 6.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.67%
12-Months-Change
Fundamentals
Return on Equity
16.74%
Trailing 12-Months
Asset Growth
3.21%
Trailing 12-Months
Company Description
IDEX Corporation
IDEX Corp. engages in the provision of engineering solutions. It operates through the following segments: Fluid and Metering Technologies; Health and Science Technologies and Fire and Safety or Diversified Products. The Fluid and Metering Technologies segment involves in the design, production, and distribution of displacement pumps, valves, flow meters, injectors, and fluid-handling pump modules and systems. The Health and Science Technologies segment includes design, production, and distribution of precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction, and drying systems used in beverage, food processing, pharmaceutical, and cosmetics, pneumatic components, and sealing solutions. The Fire and Safety or Diversified Products segment consist of production of firefighting pumps and controls, apparatus valves, monitors, nozzles, rescue tools, and lifting bags for the fire and rescue industry. The company was founded on September 24, 1987 and is headquartered in Lake Forest, IL.
---
IEX Company Deck
---
IEX Earnings Call
Q2 2024
0:00 / 0:00
---
IEX Net sales Breakdown
40.21% Health & Science Technologies
38.09% Fluid & Metering Technologies
21.96% Fire & Safety/Diversified Products
---
IEX Stock 12 Month Forecast
Average Price Target
$232.00
▲(13.79% Upside)
Technical Analysis
Best Analysts Covering IEX
1 Year
1 Year Success Rate
25/35 ratings generated profit
1 Year Average Return
+11.68%
reiterated a buy rating 3 months ago
Copying Michael Halloran's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +11.68% per trade.
---