IDEX Stock Forecast, Price & News

IDEX's stock was trading at $134.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IEX shares have increased by 38.3% and is now trading at $186.52.
View which stocks have been most impacted by COVID-19.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDEX in the last year. There are currently 4 hold ratings and 9 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 Tuesday, November 3rd 2020.
View our earnings forecast for IDEX.

IDEX Co. (NYSE:IEX) released its quarterly earnings data on Friday, July, 24th. The industrial products company reported $1.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.00 by $0.10. The industrial products company had revenue of $561.25 million for the quarter, compared to analysts' expectations of $526.69 million. IDEX had a return on equity of 18.15% and a net margin of 15.71%. During the same period in the previous year, the firm earned $1.50 EPS.
View IDEX's earnings history.

IDEX announced a quarterly dividend on Tuesday, June 16th. Investors of record on Thursday, July 16th will be given a dividend of $0.50 per share on Friday, July 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date is Wednesday, July 15th.
View IDEX's dividend history.

13 equities research analysts have issued 1-year price targets for IDEX's shares. Their forecasts range from $140.00 to $215.00. On average, they anticipate IDEX's share price to reach $170.73 in the next twelve months. This suggests that the stock has a possible downside of 8.5%.
View analysts' price targets for IDEX.

IDEX saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,250,000 shares, an increase of 15.7% from the August 15th total of 1,080,000 shares. Based on an average daily volume of 400,200 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.7% of the shares of the stock are sold short.
View IDEX's Short Interest.

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

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

IDEX's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.54%), FMR LLC (2.10%), Goldman Sachs Group Inc. (1.24%), Nordea Investment Management AB (1.18%), Fenimore Asset Management Inc. (1.06%) and Bank of New York Mellon Corp (1.02%). 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 and William M Cook.
View institutional ownership trends for IDEX.

IEX stock was sold by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Marshall Wace North America L.P., Marshall Wace LLP, Montrusco Bolton Investments Inc., Bank of Nova Scotia, Jennison Associates LLC, NN Investment Partners Holdings N.V., and AQR Capital Management LLC. Company insiders that have sold IDEX company stock in the last year include Andrew K Silvernail, Daniel J Salliotte, Denise R Cade, Ernest J Mrozek, Jeffrey D Bucklew, Michael J Yates, and William M Cook.
View insider buying and selling activity for IDEX.

IEX stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Victory Capital Management Inc., King Luther Capital Management Corp, Balyasny Asset Management LLC, Vanguard Group Inc., Goldman Sachs Group Inc., State of Tennessee Treasury Department, and Bessemer Group 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 $186.52.

IDEX has a market capitalization of $14.08 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]