IDEX Corporation (IDEX) operates an applied solutions business that sells pumps, flow meters and other fluidics systems, and components and engineered products. The Company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST) and Fire & Safety/Diversified Products (FSDP). With its segments, as of December 31, 2016, the Company maintained 13 platforms, where it focused on growth and acquisitions. The Company's FMT segment provides flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural and energy industries. The HST segment designs, produces and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems. Its FSDP segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems; engineered stainless steel banding and clamping devices, and precision equipment.
Industry, Sector and Symbol
Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:IEX
CUSIP45167R10
Phone847-498-7070
Debt
Debt-to-Equity Ratio0.46%
Current Ratio2.78%
Quick Ratio2.06%
Price-To-Earnings
Trailing P/E Ratio33.56
Forward P/E Ratio28.30
P/E Growth2.58
Sales & Book Value
Annual Sales$2.29 billion
Price / Sales4.83
Cash Flow$5.4761 per share
Price / Cash26.36
Book Value$24.69 per share
Price / Book5.85
Profitability
EPS (Most Recent Fiscal Year)$4.31
Net Income$337.25 million
Net Margins14.74%
Return on Equity18.88%
Return on Assets10.18%
Miscellaneous
Employees7,167
Outstanding Shares76,540,000
IDEX (NYSE:IEX) Frequently Asked Questions
What is IDEX's stock symbol?
IDEX trades on the New York Stock Exchange (NYSE) under the ticker symbol "IEX."
How often does IDEX pay dividends? What is the dividend yield for IDEX?
IDEX declared a quarterly dividend on Monday, December 4th. Investors of record on Monday, January 15th will be paid a dividend of $0.37 per share on Tuesday, January 30th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, January 11th. View IDEX's Dividend History.
How were IDEX's earnings last quarter?
IDEX Co. (NYSE:IEX) released its quarterly earnings data on Monday, January, 29th. The industrial products company reported $1.12 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.07 by $0.05. The industrial products company had revenue of $585.90 million for the quarter, compared to analyst estimates of $573.47 million. IDEX had a return on equity of 18.88% and a net margin of 14.74%. The business's quarterly revenue was up 10.5% compared to the same quarter last year. During the same period last year, the business earned $0.96 EPS. View IDEX's Earnings History.
When is IDEX's next earnings date?
What guidance has IDEX issued on next quarter's earnings?
IDEX issued an update on its FY18 earnings guidance on Monday, January, 29th. The company provided earnings per share (EPS) guidance of $4.90-5.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.70. The company issued revenue guidance of organic revs +5% (~$2.4 billion), compared to the consensus revenue estimate of $2.38 billion.IDEX also updated its Q1 guidance to $1.20-1.24 EPS.
What price target have analysts set for IEX?
12 Wall Street analysts have issued 12-month price objectives for IDEX's shares. Their predictions range from $91.00 to $165.00. On average, they anticipate IDEX's stock price to reach $134.5556 in the next twelve months. View Analyst Ratings for IDEX.
Who are some of IDEX's key competitors?
Some companies that are related to IDEX include Rockwell Automation (ROK), Atlantia (ATL), Ingersoll-Rand (IR), Kubota (KUBTY), Ferguson (FERGY), Cintas (CTAS), Rolls-Royce (RR), W. W. Grainger (GWW), Toray Industries (TRYIY), CIMIC Group (CIM), Dover (DOV), Ashtead Group (ASHTY), Xylem (XYL), Ball (BLL), Norsk Hydro (NHYDY), Pentair (PNR), Smith (A.O.) (AOS) and Alcoa (AA).
Who are IDEX's key executives?
IDEX's management team includes the folowing people:
- Andrew K. Silvernail, Chairman of the Board, President, Chief Executive Officer (Age 46)
- William K. Grogan, Chief Financial Officer, Senior Vice President (Age 38)
- Eric D. Ashleman, Chief Operating Officer and Senior Vice President (Age 49)
- Jeffrey D. Bucklew, Chief Human Resource Officer and Senior Vice President (Age 46)
- James MacLennan, Senior Vice President, Chief Information Officer (Age 53)
- Denise R. Cade, Senior Vice President, General Counsel, Corporate Secretary (Age 54)
- Daniel J. Salliotte, Senior Vice President- Corporate Strategy, Mergers and Acquisitions and Treasury (Age 50)
- Michael J. Yates, Chief Accounting Officer, Vice President (Age 51)
- William M. Cook, Lead Independent Director (Age 64)
- Mark A. Beck, Director (Age 51)
Has IDEX been receiving favorable news coverage?
Press coverage about IEX stock has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. IDEX earned a media sentiment score of 0.19 on Accern's scale. They also gave news articles about the industrial products company an impact score of 45.49 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
How do I buy shares of IDEX?
Shares of IEX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is IDEX's stock price today?
One share of IEX stock can currently be purchased for approximately $144.35.
How big of a company is IDEX?
IDEX has a market capitalization of $11.07 billion and generates $2.29 billion in revenue each year. The industrial products company earns $337.25 million in net income (profit) each year or $4.31 on an earnings per share basis. IDEX employs 7,167 workers across the globe.
How can I contact IDEX?
IDEX's mailing address is 1925 WEST FIELD COURT, LAKE FOREST IL, 60045. The industrial products company can be reached via phone at 847-498-7070 or via email at [email protected]
MarketBeat Community Rating for IDEX (IEX)
MarketBeat's community ratings are surveys of what our community members think about IDEX and other stocks. Vote "Outperform" if you believe IEX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IEX will underperform the S&P 500 over the long term. You may vote once every thirty days.
IDEX (NYSE:IEX) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
12 Wall Street analysts have issued ratings and price targets for IDEX in the last 12 months. Their average twelve-month price target is $134.5556, suggesting that the stock has a possible downside of 6.79%. The high price target for IEX is $165.00 and the low price target for IEX is $91.00. There are currently 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.17 | 2.18 | 2.17 | 2.09 |
| Ratings Breakdown: | 0 Sell Rating(s)
10 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
9 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
10 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
10 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $134.5556 | $134.50 | $119.6667 | $110.6250 |
| Price Target Upside: | 6.79% downside | 6.34% downside | 13.10% downside | 11.24% downside |
IDEX (NYSE:IEX) Consensus Price Target History
IDEX (NYSE:IEX) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
IDEX (NYSE:IEX) Dividend Information
IDEX pays an annual dividend of $1.48 per share, with a dividend yield of 1.03%. IEX's most recent quarterly dividend payment was Tuesday, January 30. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 10.70% each year. IDEX pays out 34.34% of its earnings out as a dividend.
| Most Recent Dividend: | 1/30/2018 |
| Annual Dividend: | $1.48 |
| Dividend Yield: | 1.03% |
| Dividend Growth: | 10.70% (3 Year Average) |
| Payout Ratio: | 34.34% (Trailing 12 Months of Earnings)
29.02% (Based on This Year's Estimates)
26.57% (Based on Next Year's Estimates)
|
| Track Record: | 8 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
IDEX (NYSE:IEX) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 12/4/2017 | quarterly | $0.37 | 1.11% | 1/11/2018 | 1/15/2018 | 1/30/2018 |
| 9/14/2017 | quarterly | $0.37 | 1.22% | 10/13/2017 | 10/16/2017 | 10/31/2017 |
| 6/20/2017 | quarterly | $0.37 | 1.33% | 7/12/2017 | 7/14/2017 | 7/31/2017 |
| 4/26/2017 | quarterly | $0.37 | 1.4% | 5/11/2017 | 5/15/2017 | 5/31/2017 |
| 12/1/2016 | quarterly | $0.34 | 1.43% | 1/11/2017 | 1/16/2017 | 1/31/2017 |
| 9/26/2016 | quarterly | $0.34 | 1.48% | 10/13/2016 | 10/17/2016 | 10/31/2016 |
| 6/21/2016 | quarterly | $0.34 | 1.59% | 7/13/2016 | 7/15/2016 | 7/29/2016 |
| 4/6/2016 | quarterly | $0.34 | 1.68% | 4/14/2016 | 4/18/2016 | 4/29/2016 |
| 12/2/2015 | quarterly | $0.32 | 1.63% | 1/13/2016 | 1/15/2016 | 1/29/2016 |
| 9/11/2015 | quarterly | $0.32 | 1.82% | 10/14/2015 | 10/16/2015 | 10/30/2015 |
| 6/24/2015 | quarterly | $0.32 | 1.61% | 7/14/2015 | 7/16/2015 | 7/31/2015 |
| 4/8/2015 | quarterly | $0.32 | 1.69% | 4/17/2015 | 4/21/2015 | 4/30/2015 |
| 12/4/2014 | quarterly | $0.28 | 1.46% | 1/13/2015 | 1/15/2015 | 1/31/2015 |
| 10/2/2014 | quarterly | $0.28 | 1.56% | 10/14/2014 | 10/16/2014 | 10/31/2014 |
| 6/23/2014 | quarterly | $0.28 | 1.41% | 7/14/2014 | 7/16/2014 | 7/31/2014 |
| 4/8/2014 | quarterly | $0.28 | 1.56% | 4/14/2014 | 4/16/2014 | 4/30/2014 |
| 12/3/2013 | quarterly | $0.23 | 1.29% | 1/13/2014 | 1/15/2014 | 1/31/2014 |
| 9/24/2013 | quarterly | $0.23 | 1.43% | 10/10/2013 | 10/15/2013 | 10/31/2013 |
| 6/24/2013 | quarterly | $0.23 | 1.75% | 7/15/2013 | 7/17/2013 | 7/31/2013 |
| 4/9/2013 | quarterly | $0.23 | 1.74% | 4/17/2013 | 4/19/2013 | 4/30/2013 |
| 12/9/2012 | quarterly | $0.20 | 1.76% | 1/9/2013 | 1/11/2013 | 1/31/2013 |
(Data available from 1/1/2013 forward)
IDEX (NYSE IEX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.20%
Institutional Ownership Percentage: 96.29%
IDEX (NYSE IEX) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 8/31/2017 | Jeffrey D Bucklew | SVP | Sell | 4,000 | $116.79 | $467,160.00 | 6,726 |  |
| 8/30/2017 | Daniel J Salliotte | SVP | Sell | 6,000 | $115.34 | $692,040.00 | 33,762 | |
| 7/27/2017 | Andrew K Silvernail | Chairman | Sell | 50,000 | $115.00 | $5,750,000.00 | 142,114 | |
| 4/26/2017 | Michael J Yates | VP | Sell | 10,533 | $104.30 | $1,098,591.90 | 34,418 | |
| 4/24/2017 | Jeffrey D Bucklew | SVP | Sell | 2,000 | $103.09 | $206,180.00 | 2,726 | |
| 2/27/2017 | Jeffrey D Bucklew | SVP | Sell | 80 | $93.80 | $7,504.00 | 4,726 | |
| 11/22/2016 | Eric D Ashleman | COO | Sell | 6,000 | $92.83 | $556,980.00 | 19,941 | |
| 11/22/2016 | Jeffrey D Bucklew | SVP | Sell | 3,250 | $93.00 | $302,250.00 | 5,510 | |
| 8/8/2016 | Andrew K Silvernail | Chairman | Sell | 6,575 | $91.34 | $600,560.50 | 88,418 | |
| 8/1/2016 | Gregory F Milzcik | Director | Sell | 4,830 | $90.00 | $434,700.00 | 5,375 | |
| 5/31/2016 | Daniel J Salliotte | SVP | Sell | 4,000 | $83.27 | $333,080.00 | 29,610 | |
| 5/20/2016 | Heath A Mitts | CFO | Sell | 4,354 | $82.25 | $358,116.50 | 28,041 | |
| 5/16/2016 | Andrew K Silvernail | CEO | Sell | 6,200 | $81.42 | $504,804.00 | 94,993 | |
| 4/27/2016 | Michael J Yates | CAO | Sell | 1,416 | $84.29 | $119,354.64 | 18,421 | |
| 2/29/2016 | Jeffrey D Bucklew | SVP | Sell | 4,020 | $76.00 | $305,520.00 | 4,940 | |
| 2/25/2016 | Andrew K Silvernail | CEO | Sell | 4,100 | $75.18 | $308,238.00 | 101,193 | |
| 2/25/2016 | Gregory F Milzcik | Director | Sell | 19,500 | $74.42 | $1,451,190.00 | 13,580 | |
| 2/19/2016 | Heath A Mitts | CFO | Sell | 1,729 | $73.69 | $127,410.01 | 36,980 | |
| 11/19/2015 | Frank J. Notaro | insider | Sell | 1,900 | $77.43 | $147,117.00 | 4,330 | |
| 11/3/2015 | Frank J. Notaro | insider | Sell | 1,095 | $77.28 | $84,621.60 | 4,330 | |
| 11/2/2015 | Frank J. Notaro | insider | Sell | 595 | $77.10 | $45,874.50 | 4,330 | |
| 10/28/2015 | Frank J. Notaro | insider | Sell | 1,500 | $77.14 | $115,710.00 | 4,330 | |
| 10/26/2015 | Eric D Ashleman | COO | Sell | 6,200 | $76.87 | $476,594.00 | 25,667 | |
| 10/26/2015 | Frank J. Notaro | insider | Sell | 1,000 | $77.00 | $77,000.00 | 4,330 | |
| 10/23/2015 | Brett E. Finley | SVP | Sell | 8,763 | $76.55 | $670,807.65 | 18,737 | |
| 10/23/2015 | Heath A Mitts | CFO | Sell | 8,019 | $76.67 | $614,816.73 | 29,314 | |
| 5/21/2015 | Frank J Notaro | SVP | Sell | 6,000 | $78.70 | $472,200.00 | | |
| 5/14/2015 | Frank J Notaro | SVP | Sell | 4,762 | $78.20 | $372,388.40 | | |
| 5/11/2015 | Frank J Notaro | SVP | Sell | 4,000 | $76.61 | $306,440.00 | | |
| 4/27/2015 | Frank J Notaro | SVP | Sell | 2,000 | $76.50 | $153,000.00 | | |
| 2/27/2015 | Andrew K Silvernail | CEO | Sell | 15,760 | $77.89 | $1,227,546.40 | | |
| 2/27/2015 | Brett E Finley | SVP | Sell | 6,595 | $77.73 | $512,629.35 | | |
| 2/27/2015 | Heath A Mitts | CFO | Sell | 10,790 | $77.82 | $839,677.80 | | |
| 2/27/2015 | Michael T Tokarz | Director | Sell | 4,962 | $77.82 | $386,142.84 | | |
| 2/26/2015 | Daniel J Salliotte | SVP | Sell | 4,110 | $78.08 | $320,908.80 | | |
| 2/24/2015 | Frank J Notaro | SVP | Sell | 17,430 | $77.97 | $1,359,017.10 | | |
| 2/13/2015 | Frank J Notaro | SVP | Sell | 8,378 | $76.88 | $644,100.64 | | |
| 2/9/2015 | Frank J Notaro | SVP | Sell | 7,713 | $74.90 | $577,703.70 | | |
| 2/5/2015 | Heath A Mitts | CFO | Sell | 21,850 | $74.00 | $1,616,900.00 | | |
| 2/3/2015 | Frank J Notaro | SVP | Sell | 6,527 | $73.47 | $479,538.69 | | |
| 2/2/2015 | Michael T Tokarz | Director | Sell | 6,750 | $72.07 | $486,472.50 | | |
| 11/25/2014 | Michael J Yates | CAO | Sell | 8,434 | $77.92 | $657,177.28 | | |
| 11/21/2014 | Michael J Yates | CAO | Sell | 2,216 | $77.70 | $172,183.20 | | |
| 11/10/2014 | Heath A Mitts | CFO | Sell | 9,000 | $75.45 | $679,050.00 | | |
| 8/29/2014 | Michael J Yates | CAO | Sell | 29,782 | $77.05 | $2,294,703.10 | | |
| 8/28/2014 | Frank J Notaro | SVP | Sell | 9,995 | $77.23 | $771,913.85 | | |
| 8/25/2014 | Heath A Mitts | CFO | Sell | 9,750 | $77.52 | $755,820.00 | | |
| 8/20/2014 | Frank J Notaro | SVP | Sell | 4,500 | $77.20 | $347,400.00 | | |
| 8/18/2014 | Frank J Notaro | SVP | Sell | 4,000 | $77.15 | $308,600.00 | | |
| 8/13/2014 | Frank J Notaro | SVP | Sell | 4,250 | $76.22 | $323,935.00 | | |
| 7/25/2014 | Andrew K Silvernail | CEO | Sell | 44,220 | $78.87 | $3,487,631.40 | | |
| 7/25/2014 | Frank J Notaro | SVP | Sell | 1,250 | $79.00 | $98,750.00 | | |
| 5/30/2014 | Eric D Ashleman | VP | Sell | 10,900 | $76.52 | $834,068.00 | | |
| 2/24/2014 | Frank Notaro | VP | Sell | 10,096 | $73.47 | $741,753.12 | 29,832 | |
| 1/22/2014 | Michael Tokarz | Director | Sell | 2,586 | $73.72 | $190,639.92 | 333,031 | |
| 11/13/2013 | Heath Mitts | CFO | Sell | 9,000 | $70.02 | $630,180.00 | 41,632 | |
| 11/6/2013 | Frank Notaro | VP | Sell | 3,000 | $70.17 | $210,510.00 | 43,044 | |
| 10/30/2013 | Michael J Yates | CAO | Sell | 27,650 | $69.00 | $1,907,850.00 | | |
| 10/28/2013 | Frank J Notaro | VP | Sell | 5,000 | $67.72 | $338,600.00 | | |
| 8/12/2013 | Daniel Salliotte | VP | Sell | 37,485 | $61.24 | $2,295,581.40 | 26,678 | |
| 8/1/2013 | Heath A Mitts | CFO | Sell | 44,100 | $61.74 | $2,722,734.00 | | |
| 7/31/2013 | Frank J Notaro | VP | Sell | 15,000 | $59.46 | $891,900.00 | | |
| 7/29/2013 | Ernest J Mrozek | Director | Sell | 1,000 | $59.25 | $59,250.00 | | |
| 5/31/2013 | Jeffrey D Bucklew | Insider | Sell | 2,750 | $55.68 | $153,120.00 | | |
| 5/30/2013 | Daniel J Salliotte | VP | Sell | 10,635 | $55.13 | $586,307.55 | | |
| 5/22/2013 | Daniel J Salliotte | VP | Sell | 12,000 | $56.35 | $676,200.00 | | |
| 5/17/2013 | Frank J Notaro | VP | Sell | 4,299 | $56.02 | $240,829.98 | | |
| 5/15/2013 | Andrew K Silvernail | CEO | Sell | 54,200 | $55.32 | $2,998,344.00 | | |
| 5/15/2013 | Frank J Notaro | VP | Sell | 11,906 | $55.27 | $658,044.62 | | |
(Data available from 1/1/2013 forward)
IDEX (NYSE IEX) News Headlines
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IDEX (NYSE:IEX) SEC Filings
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IDEX (NYSE:IEX) Income Statement, Balance Sheet and Cash Flow Statement
IDEX (NYSE IEX) Stock Chart for Monday, April, 23, 2018
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