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IDEX Corporation (IEX)
NYSE:IEX
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IEX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$189.51 - $246.36
Previous Close$212.38
Volume1.24M
Average Volume (3M)562.30K
Market Cap
$15.92B
Enterprise Value$17.36B
Total Cash (Recent Filing)$633.20M
Total Debt (Recent Filing)$2.08B
Price to Earnings (P/E)32.5
Beta0.86
Next Earnings
Feb 04, 2025EPS Estimate
$2.03Next Dividend Ex-Date
Jan 17, 2025Dividend Yield1.29%
Share Statistics
EPS (TTM)6.46
Shares Outstanding75,723,308
10 Day Avg. Volume5,434,885
30 Day Avg. Volume562,299
Standard Deviation0.07
R-Squared0.60
Alpha-0.00294
Financial Highlights & Ratios
Price to Book (P/B)4.21
Price to Sales (P/S)4.98
Price to Cash Flow (P/CF)19.40
P/FCF Ratio20.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.43
Enterprise Value/Gross Profit12.00
Enterprise Value/Ebitda27.19
Forecast
1Y Price Target
$245.29Price Target Upside15.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
IDEX News
PremiumCompany Announcements
IDEX Corporation Reports Mixed Q3 2024 ResultsBulls Say, Bears Say
Bulls Say
Demand And RevenueOrders in the HST segment are expected to continue exceeding revenues, suggesting strong demand.
Market Position And ValuationShares trade at the widest discount vs. peers going back well over a decade and at the lowest multiple in gross terms since Covid.
Sector Strength And DiversificationAs investors become more concerned about global growth, diversified, acquisitive companies like IEX should gain flow of funds.
Bears Say
Financial PerformanceThere is still significant margin recovery needed to reach previous levels from 2021/22.
Investor SentimentThe 2024 guidance cut proved greater-than-anticipated, as project pushouts and a more muted recovery pressures expectations.
Market ConditionsHST was negatively impacted by lower volumes driven by continued broad-based market softness.
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Ownership Overview
0.17% Insiders
32.07% Mutual Funds
25.47% Other Institutional Investors
12.59% 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.
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IEX FAQ
What was IDEX Corporation’s price range in the past 12 months?
IDEX Corporation lowest stock price was $189.51 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 44 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 $0.689 which represents an annual dividend yield of 1.29%. See more information on IDEX Corporation dividends here
What is IDEX Corporation’s EPS estimate?
IDEX Corporation’s EPS estimate is $2.03.
How many shares outstanding does IDEX Corporation have?
IDEX Corporation has 75,723,305 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 up 7.24%.
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 172M.
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IDEX Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$245.29 (15.50% Upside)
$245.29 (15.50% Upside)
Blogger Sentiment
Bullish
IEX Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 68.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.39%
12-Months-Change
Fundamentals
Return on Equity
13.61%
Trailing 12-Months
Asset Growth
22.89%
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.
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IEX Company Deck
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IEX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed performance with strong free cash flow and record sales in certain segments, alongside challenges in specific markets and increased costs impacting margins. The acquisition of Mott Corporation and growth in Intelligent Water and HST orders are positive indicators for future growth.Read More>---
IEX Net sales Breakdown
40.21% Health & Science Technologies
38.09% Fluid & Metering Technologies
21.96% Fire & Safety/Diversified Products
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IEX Stock 12 Month Forecast
Average Price Target
$245.29
▲(15.50% Upside)
Technical Analysis
Best Analysts Covering IEX
1 Year
1 Year Success Rate
26/36 ratings generated profit
1 Year Average Return
+11.78%
reiterated a buy rating 2 months ago
Copying Michael Halloran's trades and holding each position for 1 Year would result in 72.22% of your transactions generating a profit, with an average return of +11.78% per trade.
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