About IDEX Corporation (NYSE:IEX)
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:
- Sector: Industrial Products
- Industry: Pump & Pumping Equipment
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:IEX
- CUSIP: 45167R10
- Web: www.idexcorp.com
- Market Cap: $9.6 billion
- Outstanding Shares: 76,308,000
- 50 Day Moving Avg: $122.46
- 200 Day Moving Avg: $112.47
- 52 Week Range: $84.62 - $125.80
Sales & Book Value:
- Trailing P/E Ratio: 32.24
- Foreward P/E Ratio: 26.93
- P/E Growth: 1.95
- Annual Revenue: $2.23 billion
- Price / Sales: 4.30
- Book Value: $23.72 per share
- Price / Book: 5.30
- Annual Dividend: $1.48
- Dividend Yield: 1.2%
- EBITDA: $576 million
- Net Margins: 13.48%
- Return on Equity: 19.07%
- Return on Assets: 9.97%
- Debt-to-Equity Ratio: 0.48%
- Current Ratio: 2.84%
- Quick Ratio: 1.90%
- Average Volume: 272,478 shs.
- Beta: 1.19
- Short Ratio: 4.49
Frequently Asked Questions for IDEX Corporation (NYSE:IEX)
What is IDEX Corporation's stock symbol?
IDEX Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "IEX."
How often does IDEX Corporation pay dividends? What is the dividend yield for IDEX Corporation?
IDEX Corporation declared a quarterly dividend on Thursday, September 14th. Stockholders of record on Monday, October 16th will be paid a dividend of $0.37 per share on Tuesday, October 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Friday, October 13th. View IDEX Corporation's Dividend History.
How were IDEX Corporation's earnings last quarter?
IDEX Corporation (NYSE:IEX) announced its quarterly earnings data on Monday, October, 16th. The company reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.02. The company earned $574.50 million during the quarter, compared to analyst estimates of $563.23 million. IDEX Corporation had a return on equity of 19.07% and a net margin of 13.48%. The business's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter last year, the company posted $0.92 EPS. View IDEX Corporation's Earnings History.
When will IDEX Corporation make its next earnings announcement?
What guidance has IDEX Corporation issued on next quarter's earnings?
IDEX Corporation issued an update on its FY17 earnings guidance on Monday, October, 16th. The company provided earnings per share (EPS) guidance of $4.25-4.27 for the period, compared to the Thomson Reuters consensus estimate of $4.23. IDEX Corporation also updated its Q4 guidance to $1.06-1.08 EPS.
Where is IDEX Corporation's stock going? Where will IDEX Corporation's stock price be in 2017?
11 brokers have issued 1 year price targets for IDEX Corporation's shares. Their forecasts range from $91.00 to $129.00. On average, they anticipate IDEX Corporation's stock price to reach $110.63 in the next twelve months. View Analyst Ratings for IDEX Corporation.
Who are some of IDEX Corporation's key competitors?
Some companies that are related to IDEX Corporation include Cintas Corporation (CTAS), Toray Industries (TRYIY), Tenaris S.A. (TS), Norsk Hydro ASA (NHYDY), Ball Corporation (BLL), Dover Corporation (DOV), Pentair PLC. (PNR), W.W. Grainger (GWW), Xylem (XYL), Packaging Corporation of America (PKG), Smith (A.O.) Corporation (AOS), Fortune Brands Home & Security (FBHS), AB SKF (SKFRY), Alcoa Corp (AA), Avery Dennison Corporation (AVY), Sealed Air Corporation (SEE), Allegion PLC (ALLE) and Crown Holdings (CCK).
Who are IDEX Corporation's key executives?
IDEX Corporation's management team includes the folowing people:
- Andrew K. Silvernail, Chairman of the Board, President, Chief Executive Officer
- William K. Grogan, Chief Financial Officer, Senior Vice President
- Eric D. Ashleman, Chief Operating Officer and Senior Vice President
- Jeffrey D. Bucklew, Chief Human Resource Officer and Senior Vice President
- James MacLennan, Senior Vice President, Chief Information Officer
- Denise R. Cade, Senior Vice President, General Counsel, Corporate Secretary
- Daniel J. Salliotte, Senior Vice President- Corporate Strategy, Mergers and Acquisitions and Treasury
- Michael J. Yates, Chief Accounting Officer, Vice President
- William M. Cook, Lead Independent Director
- Mark A. Buthman, Independent Director
Who owns IDEX Corporation stock?
IDEX Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include Harvey Investment Co. LLC (0.16%), Mutual of America Capital Management LLC (0.08%), State Treasurer State of Michigan (0.04%), Shell Asset Management Co. (0.02%), Oakbrook Investments LLC (0.01%) and Assenagon Asset Management S.A. (0.01%). Company insiders that own IDEX Corporation stock include Andrew K Silvernail, Brett E Finley, Daniel J Salliotte, Eric D Ashleman, Frank J Notaro, Gregory F Milzcik, Heath A Mitts, Jeffrey D Bucklew and Michael J Yates. View Institutional Ownership Trends for IDEX Corporation.
Who sold IDEX Corporation stock? Who is selling IDEX Corporation stock?
IDEX Corporation's stock was sold by a variety of institutional investors in the last quarter, including Harvey Investment Co. LLC, State Treasurer State of Michigan and Fulton Bank N.A.. Company insiders that have sold IDEX Corporation stock in the last year include Andrew K Silvernail, Daniel J Salliotte, Eric D Ashleman, Jeffrey D Bucklew and Michael J Yates. View Insider Buying and Selling for IDEX Corporation.
Who bought IDEX Corporation stock? Who is buying IDEX Corporation stock?
IDEX Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Assenagon Asset Management S.A., Winslow Evans & Crocker Inc., Oakbrook Investments LLC and Mutual of America Capital Management LLC. View Insider Buying and Selling for IDEX Corporation.
How do I buy IDEX Corporation stock?
Shares of IDEX Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is IDEX Corporation's stock price today?
MarketBeat Community Rating for IDEX Corporation (NYSE IEX)MarketBeat's community ratings are surveys of what our community members think about IDEX Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of IDEX Corporation stock can currently be purchased for approximately $125.77.
Consensus Ratings for IDEX Corporation (NYSE:IEX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||10 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.09)|
|Consensus Price Target: ||$110.63 (12.04% downside)|Consensus Price Target History for IDEX Corporation (NYSE:IEX)
Analysts' Ratings History for IDEX Corporation (NYSE:IEX)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/18/2017||Seaport Global Securities||Reiterated Rating||Neutral||N/A|
|10/20/2017||Robert W. Baird||Reiterated Rating||Buy||N/A|
|10/18/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Hold||N/A|
|10/18/2017||Royal Bank Of Canada||Boost Price Target||Sector Perform -> Sector Perform||$124.00 -> $126.00||N/A|
|10/17/2017||SunTrust Banks, Inc.||Reiterated Rating||Hold||$118.00||N/A|
|10/6/2017||Cowen and Company||Reiterated Rating||Hold||$95.00||N/A|
|10/6/2017||Jefferies Group LLC||Reiterated Rating||Neutral -> Hold||N/A|
|9/6/2017||BMO Capital Markets||Reiterated Rating||Hold||$110.00||Low|
|9/3/2017||Stifel Nicolaus||Reiterated Rating||Hold||$120.00||Low|
|3/2/2017||Janney Montgomery Scott||Downgrade||Buy -> Neutral||$96.00||N/A|
|12/15/2016||Sanford C. Bernstein||Reiterated Rating||Market Perform||N/A|
|5/23/2016||KeyCorp||Initiated Coverage||Sector Weight||N/A|
Earnings History for IDEX Corporation (NYSE:IEX)Earnings History by Quarter for IDEX Corporation (NYSE IEX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/29/2018|| || || || || || || || |
|10/16/2017||Q3 2017||$1.06||$1.08||$563.23 million||$574.50 million||View||N/A|
|7/25/2017||Q2 2017||$1.06||$1.08||$568.43 million||$573.40 million||View||N/A|
|4/19/2017||Q1 2017||$0.93||$1.03||$533.14 million||$553.60 million||View||N/A|
|1/30/2017||Q416||$0.93||$0.96||$547.11 million||$530.40 million||View||Listen|
|10/17/2016||Q316||$0.92||$0.92||$536.29 million||$530.40 million||View||Listen|
|7/18/2016||Q216||$0.93||$0.99||$544.86 million||$549.70 million||View||Listen|
|4/18/2016||Q116||$0.81||$0.89||$492.98 million||$502.60 million||View||Listen|
|1/27/2016||Q415||$0.90||$0.94||$513.18 million||$499.80 million||View||Listen|
|10/19/2015||Q315||$0.89||$0.89||$523.48 million||$503.80 million||View||Listen|
|7/22/2015||Q215||$0.89||$0.89||$514.67 million||$514.90 million||View||Listen|
|4/20/2015||Q115||$0.83||$0.84||$519.25 million||$502.20 million||View||Listen|
|1/28/2015||Q414||$0.87||$0.89||$536.93 million||$524.00 million||View||Listen|
|10/20/2014||Q314||$0.84||$0.88||$526.20 million||$533.20 million||View||Listen|
|7/22/2014||Q214||$0.86||$0.88||$543.79 million||$546.69 million||View||Listen|
|4/22/2014||Q114||$0.84||$0.91||$527.21 million||$544.00 million||View||Listen|
|1/30/2014||Q4||$0.80||$0.82||$520.23 million||$521.00 million||View||Listen|
|10/22/2013||Q313||$0.74||$0.78||$507.37 million||$491.00 million||View||Listen|
|7/22/2013||Q2 2013||$0.74||$0.76||$516.23 million||$518.40 million||View||Listen|
|4/22/2013||Q1 2013||$0.71||$0.74||$506.40 million||$494.40 million||View||Listen|
|2/4/2013||Q4 2012||$0.68||$0.69||$491.85 million||$490.84 million||View||Listen|
Earnings Estimates for IDEX Corporation (NYSE:IEX)
2017 EPS Consensus Estimate: $4.03
2018 EPS Consensus Estimate: $4.60
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for IDEX Corporation (NYSE:IEX)
|Dividend Growth:||14.60% (3 Year Average)|
|Payout Ratio:||37.95% (Trailing 12 Months of Earnings) |
34.74% (Based on This Year's Estimates)
31.69% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Dividend History by Quarter for IDEX Corporation (NYSE IEX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for IDEX Corporation (NYSE:IEX)
Insider Ownership Percentage: 1.00%Insider Trades by Quarter for IDEX Corporation (NYSE:IEX)
Institutional Ownership Percentage: 98.49%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/31/2017||Jeffrey D Bucklew||SVP||Sell||4,000||$116.79||$467,160.00|| |
|8/30/2017||Daniel J Salliotte||SVP||Sell||6,000||$115.34||$692,040.00|| |
|7/27/2017||Andrew K Silvernail||Chairman||Sell||50,000||$115.00||$5,750,000.00|| |
|4/26/2017||Michael J Yates||VP||Sell||10,533||$104.30||$1,098,591.90|| |
|4/24/2017||Jeffrey D Bucklew||SVP||Sell||2,000||$103.09||$206,180.00|| |
|2/27/2017||Jeffrey D Bucklew||SVP||Sell||80||$93.80||$7,504.00|| |
|11/22/2016||Eric D Ashleman||COO||Sell||6,000||$92.83||$556,980.00|| |
|11/22/2016||Jeffrey D Bucklew||SVP||Sell||3,250||$93.00||$302,250.00|| |
|8/8/2016||Andrew K Silvernail||Chairman||Sell||6,575||$91.34||$600,560.50|| |
|8/1/2016||Gregory F Milzcik||Director||Sell||4,830||$90.00||$434,700.00|| |
|5/31/2016||Daniel J Salliotte||SVP||Sell||4,000||$83.27||$333,080.00|| |
|5/20/2016||Heath A Mitts||CFO||Sell||4,354||$82.25||$358,116.50|| |
|5/16/2016||Andrew K Silvernail||CEO||Sell||6,200||$81.42||$504,804.00|| |
|4/27/2016||Michael J Yates||CAO||Sell||1,416||$84.29||$119,354.64|| |
|2/29/2016||Jeffrey D Bucklew||SVP||Sell||4,020||$76.00||$305,520.00|| |
|2/25/2016||Andrew K Silvernail||CEO||Sell||4,100||$75.18||$308,238.00|| |
|2/25/2016||Gregory F Milzcik||Director||Sell||19,500||$74.42||$1,451,190.00|| |
|2/19/2016||Heath A Mitts||CFO||Sell||1,729||$73.69||$127,410.01|| |
|11/19/2015||Frank J. Notaro||insider||Sell||1,900||$77.43||$147,117.00|| |
|11/3/2015||Frank J. Notaro||insider||Sell||1,095||$77.28||$84,621.60|| |
|11/2/2015||Frank J. Notaro||insider||Sell||595||$77.10||$45,874.50|| |
|10/28/2015||Frank J. Notaro||insider||Sell||1,500||$77.14||$115,710.00|| |
|10/26/2015||Eric D Ashleman||COO||Sell||6,200||$76.87||$476,594.00|| |
|10/26/2015||Frank J. Notaro||insider||Sell||1,000||$77.00||$77,000.00|| |
|10/23/2015||Brett E. Finley||SVP||Sell||8,763||$76.55||$670,807.65|| |
|10/23/2015||Heath A Mitts||CFO||Sell||8,019||$76.67||$614,816.73|| |
|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|| |
|1/22/2014||Michael Tokarz||Director||Sell||2,586||$73.72||$190,639.92|| |
|11/13/2013||Heath Mitts||CFO||Sell||9,000||$70.02||$630,180.00|| |
|11/6/2013||Frank Notaro||VP||Sell||3,000||$70.17||$210,510.00|| |
|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|| |
|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|| |
Headline Trends for IDEX Corporation (NYSE:IEX)
Latest Headlines for IDEX Corporation (NYSE:IEX)
Loading headlines, please wait.
IDEX Corporation (IEX) Chart for Sunday, October, 22, 2017