Free Trial

IDEX (IEX) Competitors

$211.38
-3.77 (-1.75%)
(As of 05/28/2024 ET)

IEX vs. IR, XYL, DOV, SNA, GGG, PNR, NDSN, SWK, LECO, and ITT

Should you be buying IDEX stock or one of its competitors? The main competitors of IDEX include Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), Snap-on (SNA), Graco (GGG), Pentair (PNR), Nordson (NDSN), Stanley Black & Decker (SWK), Lincoln Electric (LECO), and ITT (ITT). These companies are all part of the "industrial machinery" industry.

IDEX vs.

IDEX (NYSE:IEX) and Ingersoll Rand (NYSE:IR) are both large-cap industrial products companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, valuation, community ranking, risk, earnings and media sentiment.

IDEX pays an annual dividend of $2.76 per share and has a dividend yield of 1.3%. Ingersoll Rand pays an annual dividend of $0.08 per share and has a dividend yield of 0.1%. IDEX pays out 36.3% of its earnings in the form of a dividend. Ingersoll Rand pays out 4.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

IDEX presently has a consensus target price of $250.71, suggesting a potential upside of 18.61%. Ingersoll Rand has a consensus target price of $95.82, suggesting a potential upside of 2.52%. Given IDEX's stronger consensus rating and higher probable upside, research analysts clearly believe IDEX is more favorable than Ingersoll Rand.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IDEX
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86
Ingersoll Rand
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.73

IDEX has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, Ingersoll Rand has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.

In the previous week, IDEX and IDEX both had 6 articles in the media. IDEX's average media sentiment score of 1.22 beat Ingersoll Rand's score of 0.69 indicating that IDEX is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IDEX
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ingersoll Rand
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ingersoll Rand has higher revenue and earnings than IDEX. IDEX is trading at a lower price-to-earnings ratio than Ingersoll Rand, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IDEX$3.27B4.89$596.10M$7.6027.81
Ingersoll Rand$6.88B5.48$778.70M$2.0146.50

98.0% of IDEX shares are owned by institutional investors. Comparatively, 95.3% of Ingersoll Rand shares are owned by institutional investors. 0.5% of IDEX shares are owned by insiders. Comparatively, 0.7% of Ingersoll Rand shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

IDEX has a net margin of 17.89% compared to Ingersoll Rand's net margin of 11.85%. IDEX's return on equity of 17.60% beat Ingersoll Rand's return on equity.

Company Net Margins Return on Equity Return on Assets
IDEX17.89% 17.60% 10.51%
Ingersoll Rand 11.85%12.57%7.97%

Ingersoll Rand received 254 more outperform votes than IDEX when rated by MarketBeat users. Likewise, 61.41% of users gave Ingersoll Rand an outperform vote while only 58.40% of users gave IDEX an outperform vote.

CompanyUnderperformOutperform
IDEXOutperform Votes
459
58.40%
Underperform Votes
327
41.60%
Ingersoll RandOutperform Votes
713
61.41%
Underperform Votes
448
38.59%

Summary

Ingersoll Rand beats IDEX on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IEX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

IEX vs. The Competition

MetricIDEXPumps & pumping equipment IndustryIndustrial SectorNYSE Exchange
Market Cap$16.00B$11.69B$9.28B$17.68B
Dividend Yield1.28%1.39%2.03%3.53%
P/E Ratio27.8130.5520.4225.83
Price / Sales4.893.129.2010.26
Price / Cash20.9820.5515.6615.71
Price / Book4.513.483.735.08
Net Income$596.10M$329.12M$462.55M$975.92M
7 Day Performance-2.62%-3.78%-1.48%-1.61%
1 Month Performance-4.21%-3.75%9.90%4.32%
1 Year Performance3.88%20.22%11.52%23.08%

IDEX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IR
Ingersoll Rand
3.7049 of 5 stars
$93.46
-2.1%
$95.82
+2.5%
+58.7%$38.53B$6.88B46.5018,000Short Interest ↑
XYL
Xylem
4.566 of 5 stars
$140.36
-2.7%
$140.70
+0.2%
+42.7%$34.97B$7.36B49.952,300Positive News
DOV
Dover
4.8061 of 5 stars
$183.48
-0.4%
$185.75
+1.2%
+33.9%$25.22B$8.44B17.6325,000Short Interest ↓
SNA
Snap-on
3.9466 of 5 stars
$269.40
-0.6%
$316.75
+17.6%
+4.7%$14.28B$4.73B14.132,700
GGG
Graco
4.2103 of 5 stars
$79.54
-2.4%
$88.25
+11.0%
+3.1%$13.78B$2.20B27.434,000Positive News
PNR
Pentair
4.7892 of 5 stars
$78.95
-4.6%
$89.93
+13.9%
+37.1%$13.74B$4.10B21.0010,500Short Interest ↑
High Trading Volume
NDSN
Nordson
4.2171 of 5 stars
$233.58
-1.8%
$277.83
+18.9%
+5.8%$13.63B$2.63B27.847,900Analyst Downgrade
Analyst Revision
SWK
Stanley Black & Decker
4.716 of 5 stars
$84.92
-1.4%
$97.00
+14.2%
+7.9%$13.25B$15.78B-123.0750,500Analyst Revision
Positive News
LECO
Lincoln Electric
4.3658 of 5 stars
$199.37
-1.5%
$225.29
+13.0%
+14.8%$11.52B$4.19B21.1612,000Positive News
ITT
ITT
3.8582 of 5 stars
$133.30
-3.1%
$138.38
+3.8%
+67.0%$11.32B$3.28B26.1410,600Analyst Revision

Related Companies and Tools

This page (NYSE:IEX) was last updated on 5/29/2024 by MarketBeat.com Staff

From Our Partners