NYSE:IEXIDEX Stock Price, Forecast & News

IDEX's stock was trading at $134.87 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IEX shares have increased by 16.4% and is now trading at $157.01. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDEX in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for IDEX.

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

IDEX will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

IDEX declared a quarterly dividend on Tuesday, June 16th. Stockholders of record on Thursday, July 16th will be paid a dividend of $0.50 per share on Friday, July 31st. This represents a $2.00 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Wednesday, July 15th. View IDEX's dividend history.

IDEX issued an update on its second quarter 2020 After-Hours earnings guidance on Thursday, April, 23rd. The company provided 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.

12 analysts have issued 12 month price targets for IDEX's shares. Their forecasts range from $140.00 to $180.00. On average, they anticipate IDEX's stock price to reach $163.55 in the next year. This suggests a possible upside of 4.2% from the stock's current price. View analysts' price targets for IDEX.

News coverage about IEX stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. IDEX earned a daily sentiment score of -1.6 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news about IDEX.

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

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).

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

IDEX's stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.06%), State of Alaska Department of Revenue (0.05%), DNB Asset Management AS (0.02%), Diversified Trust Co (0.01%), Mount Yale Investment Advisors LLC (0.01%) and Canandaigua National Corp (0.00%). 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.

IEX stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Canandaigua National Corp, Diversified Trust Co, DNB Asset Management AS, Mount Yale Investment Advisors LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC, and Envestnet Asset Management Inc.. View insider buying and selling activity for 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.

One share of IEX stock can currently be purchased for approximately $157.01.

IDEX has a market capitalization of $11.84 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.

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

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]