NYSE:IEXIDEX Stock Price, Forecast & News

$150.45

-1.11 (-0.73 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$148.83

Now: $150.45▼

$151.94

50-Day Range

$138.51

MA: $150.81▼

$157.88

52-Week Range

$104.56

Now: $150.45▼

$178.14

Volume383,211 shs

Average Volume596,356 shs

Market Capitalization$11.34 billion

P/E Ratio27.66

Dividend Yield1.33%

Beta1.06

IDEX Corporation, through its subsidiaries, operates as an applied solutions company worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, flow meters, injectors, and other fluid-handling pump modules and systems, as well as offers 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 for use in beverage, food processing, pharmaceutical, and cosmetics; pneumatic components and sealing solutions, such as pumping solutions for analytical instrumentation, clinical diagnostics, and drug discovery; sealing components; biocompatible medical devices and implantables; and air compressors for medical, dental, and industrial applications. This segment also provides optical components and coatings for scientific research, defense, biotechnology, aerospace, telecommunications, and electronics manufacturing applications; laboratory and commercial equipment for the production of micro and nano scale materials; precision photonic solutions for life sciences, research, and defense markets; and precision gear and peristaltic pump technologies. The FSDP segment designs, produces, and distributes firefighting pumps, valves, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; engineered stainless steel banding and clamping devices for various industrial and commercial applications; and precision equipment for dispensing, metering, and mixing colorants and paints used in retail and commercial businesses. The company was incorporated in 1987 and is headquartered in Lake Forest, Illinois.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
IDEX has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $161.90, IDEX has a potential upside of 7.6% from its current price of $150.45.
Amount of Analyst Coverage
IDEX has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
IDEX has received 405 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
IDEX has received 533 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
IDEX has received 56.82% “underperform” votes from our community.

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.

5.0 Dividend Strength

Dividend Leadership
IDEX is a leading dividend payer. It pays a dividend yield of 1.33%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
IDEX has been increasing its dividend for 10 years.
Dividend Coverage
The dividend payout ratio of IDEX is 34.48 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, IDEX will have a dividend payout ratio of 37.81 % next year. This indicates that IDEX will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IDEX insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $352,000.00 in company stock.
Percentage Held by Insiders
Only 1.10% of the stock of IDEX is held by insiders.
Percentage Held by Institutions
95.43% of the stock of IDEX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for IDEX are expected to grow by 10.67% in the coming year, from $4.78 to $5.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IDEX is 27.66, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of IDEX is 27.66, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.70.
Price to Earnings Growth Ratio
IDEX has a PEG Ratio of 3.15. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
IDEX has a P/B Ratio of 5.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.23 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Pumps & pumping equipment

Sub-IndustryIndustrial Machinery

SectorIndustrial Products

Current SymbolNYSE:IEX

Previous Symbol

CUSIP45167R10

CIK832101

Webwww.idexcorp.com

Phone847-498-7070

Debt

Debt-to-Equity Ratio0.45

Current Ratio3.51

Quick Ratio2.59

Price-To-Earnings

Trailing P/E Ratio27.66

Forward P/E Ratio31.47

P/E Growth3.15

Sales & Book Value

Annual Sales$2.49 billion

Price / Sales4.55

Cash Flow$6.87 per share

Price / Cash Flow21.90

Book Value$29.76 per share

Price / Book5.06

Profitability

EPS (Most Recent Fiscal Year)$5.80

Net Income$425.52 million

Net Margins16.92%

Return on Equity19.89%

Return on Assets11.54%

Miscellaneous

Employees7,439

Outstanding Shares75,392,000

Market Cap$11.34 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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IDEX (NYSE:IEX) Frequently Asked Questions

How has IDEX's stock been impacted by COVID-19 (Coronavirus)?

IDEX's stock was trading at $134.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IEX stock has increased by 11.6% and is now trading at $150.45. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of IDEX?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDEX in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for IDEX.

When is IDEX's next earnings date?

IDEX is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for IDEX.

How were IDEX's earnings last quarter?

IDEX Co. (NYSE:IEX) issued its earnings results on Thursday, April, 23rd. The industrial products company reported $1.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.30 by $0.03. The industrial products company had revenue of $594.50 million for the quarter, compared to the consensus estimate of $596.77 million. IDEX had a net margin of 16.92% and a return on equity of 19.89%. IDEX's revenue was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.44 earnings per share. View IDEX's earnings history.

How often does IDEX pay dividends? What is the dividend yield for IDEX?

IDEX announced a quarterly dividend on Thursday, May 7th. Investors of record on Friday, May 15th will be given a dividend of $0.50 per share on Friday, May 29th. This represents a $2.00 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, May 14th. View IDEX's dividend history.

What guidance has IDEX issued on next quarter's earnings?

IDEX updated its second quarter 2020 After-Hours earnings guidance on Thursday, April, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $481.574-545.784 million, compared to the consensus revenue estimate of $549.08 million.

What price target have analysts set for IEX?

11 brokerages have issued twelve-month price objectives for IDEX's stock. Their forecasts range from $140.00 to $178.00. On average, they anticipate IDEX's share price to reach $161.90 in the next year. This suggests a possible upside of 7.6% from the stock's current price. View analysts' price targets for IDEX.

Has IDEX been receiving favorable news coverage?

Media stories about IEX stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. IDEX earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutIDEX.

Who are some of IDEX's key competitors?

Some companies that are related to IDEX include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Ingersoll-Rand (IR), Xylem (XYL), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Lincoln Electric (LECO), ITT (ITT) and Woodward, Inc.Common Stock (WWD). View all competitors.

What other stocks do shareholders of IDEX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IDEX investors own include CA (CA), BlackRock (BLK), Honeywell International (HON), AT&T (T), Verizon Communications (VZ), Alibaba Group (BABA), Cisco Systems (CSCO), CVS Health (CVS), Endologix (ELGX) and Altria Group (MO).

Who are IDEX's key executives?

IDEX's management team includes the following people:

Mr. Andrew K. Silvernail, Chairman, CEO & Pres (Age 48)
Mr. William K. Grogan, CFO & Sr. VP (Age 40)
Mr. Eric D. Ashleman, COO & Sr. VP (Age 52)
Ms. Denise R. Cade, Sr. VP, Gen. Counsel & Corp. Sec. (Age 57)
Mr. Jeffrey D. Bucklew, Sr. VP & Chief HR Officer (Age 49)

What is IDEX's stock symbol?

IDEX trades on the New York Stock Exchange (NYSE) under the ticker symbol "IEX."

Who are IDEX's major shareholders?

IDEX's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.22%), State Street Corp (4.17%), Wellington Management Group LLP (3.70%), Capital World Investors (3.46%), Atlanta Capital Management Co. L L C (2.62%) and Impax Asset Management Group plc (2.52%). Company insiders that own IDEX stock include Andrew K Silvernail, Daniel J Salliotte, Denise R Cade, Eric D Ashleman, Ernest J Mrozek, Jeffrey D Bucklew, Michael J Yates, William K Grogan and William M Cook. View institutional ownership trends for IDEX.

Which institutional investors are selling IDEX stock?

IEX stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Massachusetts Financial Services Co. MA, Janus Henderson Group PLC, Alliancebernstein L.P., Invesco Ltd., Victory Capital Management Inc., Victory Capital Management Inc., and Morgan Stanley. Company insiders that have sold IDEX company stock in the last year include Andrew K Silvernail, Daniel J Salliotte, Denise R Cade, Eric D Ashleman, Ernest J Mrozek, Jeffrey D Bucklew, Michael J Yates, and William M Cook. View insider buying and selling activity for IDEX.

Which institutional investors are buying IDEX stock?

IEX stock was acquired by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Impax Asset Management Group plc, BlackRock Inc., Wellington Management Group LLP, JPMorgan Chase & Co., Atlanta Capital Management Co. L L C, Samlyn Capital LLC, and Bessemer Group Inc.. View insider buying and selling activity for IDEX.

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, Robinhood, Fidelity, and Charles Schwab.

What is IDEX's stock price today?

One share of IEX stock can currently be purchased for approximately $150.45.

How big of a company is IDEX?

IDEX has a market capitalization of $11.34 billion and generates $2.49 billion in revenue each year. The industrial products company earns $425.52 million in net income (profit) each year or $5.80 on an earnings per share basis. IDEX employs 7,439 workers across the globe.

What is IDEX's official website?

The official website for IDEX is www.idexcorp.com.

How can I contact IDEX?

IDEX's mailing address is 1925 WEST FIELD COURT SUITE 200, LAKE FOREST IL, 60045. The industrial products company can be reached via phone at 847-498-7070 or via email at [email protected]

This page was last updated on 5/26/2020 by MarketBeat.com Staff