IDEX Corporation Company Profile (NYSE:IEX)

About IDEX Corporation (NYSE:IEX)

IDEX Corporation logoIDEX 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
Capitalization:
  • Market Cap: $9.6 billion
  • Outstanding Shares: 76,308,000
Average Prices:
  • 50 Day Moving Avg: $122.46
  • 200 Day Moving Avg: $112.47
  • 52 Week Range: $84.62 - $125.80
P/E:
  • Trailing P/E Ratio: 32.24
  • Foreward P/E Ratio: 26.93
  • P/E Growth: 1.95
Sales & Book Value:
  • Annual Revenue: $2.23 billion
  • Price / Sales: 4.30
  • Book Value: $23.72 per share
  • Price / Book: 5.30
Dividend:
  • Annual Dividend: $1.48
  • Dividend Yield: 1.2%
Profitability:
  • EBITDA: $576 million
  • Net Margins: 13.48%
  • Return on Equity: 19.07%
  • Return on Assets: 9.97%
Debt:
  • Debt-to-Equity Ratio: 0.48%
  • Current Ratio: 2.84%
  • Quick Ratio: 1.90%
Misc:
  • 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?

IDEX Corporation is scheduled to release their next quarterly earnings announcement on Monday, January, 29th 2018. View Earnings Estimates for IDEX Corporation.

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?

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?

One share of IDEX Corporation stock can currently be purchased for approximately $125.77.


MarketBeat Community Rating for IDEX Corporation (NYSE IEX)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  509
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.

Analyst Ratings

Consensus Ratings for IDEX Corporation (NYSE:IEX) (How are Consensus Ratings Calculated?)
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)
Price Target History for IDEX Corporation (NYSE:IEX)
Analysts' Ratings History for IDEX Corporation (NYSE:IEX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Seaport Global SecuritiesReiterated RatingNeutralN/AView Rating Details
10/20/2017Robert W. BairdReiterated RatingBuyN/AView Rating Details
10/18/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldN/AView Rating Details
10/18/2017Royal Bank Of CanadaBoost Price TargetSector Perform -> Sector Perform$124.00 -> $126.00N/AView Rating Details
10/17/2017SunTrust Banks, Inc.Reiterated RatingHold$118.00N/AView Rating Details
10/6/2017Cowen and CompanyReiterated RatingHold$95.00N/AView Rating Details
10/6/2017Jefferies Group LLCReiterated RatingNeutral -> HoldN/AView Rating Details
9/6/2017BMO Capital MarketsReiterated RatingHold$110.00LowView Rating Details
9/3/2017Stifel NicolausReiterated RatingHold$120.00LowView Rating Details
3/2/2017Janney Montgomery ScottDowngradeBuy -> Neutral$96.00N/AView Rating Details
12/15/2016Sanford C. BernsteinReiterated RatingMarket PerformN/AView Rating Details
5/23/2016KeyCorpInitiated CoverageSector WeightN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for IDEX Corporation (NYSE:IEX)
Earnings by Quarter for IDEX Corporation (NYSE:IEX)
Earnings History by Quarter for IDEX Corporation (NYSE IEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/29/2018        
10/16/2017Q3 2017$1.06$1.08$563.23 million$574.50 millionViewN/AView Earnings Details
7/25/2017Q2 2017$1.06$1.08$568.43 million$573.40 millionViewN/AView Earnings Details
4/19/2017Q1 2017$0.93$1.03$533.14 million$553.60 millionViewN/AView Earnings Details
1/30/2017Q416$0.93$0.96$547.11 million$530.40 millionViewListenView Earnings Details
10/17/2016Q316$0.92$0.92$536.29 million$530.40 millionViewListenView Earnings Details
7/18/2016Q216$0.93$0.99$544.86 million$549.70 millionViewListenView Earnings Details
4/18/2016Q116$0.81$0.89$492.98 million$502.60 millionViewListenView Earnings Details
1/27/2016Q415$0.90$0.94$513.18 million$499.80 millionViewListenView Earnings Details
10/19/2015Q315$0.89$0.89$523.48 million$503.80 millionViewListenView Earnings Details
7/22/2015Q215$0.89$0.89$514.67 million$514.90 millionViewListenView Earnings Details
4/20/2015Q115$0.83$0.84$519.25 million$502.20 millionViewListenView Earnings Details
1/28/2015Q414$0.87$0.89$536.93 million$524.00 millionViewListenView Earnings Details
10/20/2014Q314$0.84$0.88$526.20 million$533.20 millionViewListenView Earnings Details
7/22/2014Q214$0.86$0.88$543.79 million$546.69 millionViewListenView Earnings Details
4/22/2014Q114$0.84$0.91$527.21 million$544.00 millionViewListenView Earnings Details
1/30/2014Q4$0.80$0.82$520.23 million$521.00 millionViewListenView Earnings Details
10/22/2013Q313$0.74$0.78$507.37 million$491.00 millionViewListenView Earnings Details
7/22/2013Q2 2013$0.74$0.76$516.23 million$518.40 millionViewListenView Earnings Details
4/22/2013Q1 2013$0.71$0.74$506.40 million$494.40 millionViewListenView Earnings Details
2/4/2013Q4 2012$0.68$0.69$491.85 million$490.84 millionViewListenView Earnings Details
10/22/2012$0.64$0.66ViewN/AView Earnings Details
7/23/2012$0.71$0.67ViewN/AView Earnings Details
4/23/2012$0.64$0.66ViewN/AView Earnings Details
7/20/2011$0.60$0.62ViewN/AView Earnings Details
4/20/2011$0.53$0.57ViewN/AView Earnings Details
2/2/2011$0.51$0.54ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for IDEX Corporation (NYSE:IEX)
2017 EPS Consensus Estimate: $4.03
2018 EPS Consensus Estimate: $4.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.92$0.93$0.93
Q2 20175$1.02$1.06$1.05
Q3 20175$0.95$1.06$1.01
Q4 20175$1.00$1.08$1.04
Q1 20182$1.08$1.11$1.10
Q2 20182$1.15$1.17$1.16
Q3 20182$1.18$1.18$1.18
Q4 20182$1.15$1.17$1.16
Q1 20191$1.19$1.19$1.19
Q2 20191$1.29$1.29$1.29
Q3 20191$1.30$1.30$1.30
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for IDEX Corporation (NYSE:IEX)
Next Dividend:10/31/2017
Annual Dividend:$1.48
Dividend Yield:1.18%
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 Payments by Quarter for IDEX Corporation (NYSE:IEX)

Dividend History by Quarter for IDEX Corporation (NYSE IEX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/14/2017quarterly$0.371.22%10/13/201710/16/201710/31/2017
6/20/2017quarterly$0.371.33%7/12/20177/14/20177/31/2017
4/26/2017quarterly$0.371.4%5/11/20175/15/20175/31/2017
12/1/2016quarterly$0.341.43%1/11/20171/16/20171/31/2017
9/26/2016quarterly$0.341.48%10/13/201610/17/201610/31/2016
6/21/2016quarterly$0.341.59%7/13/20167/15/20167/29/2016
4/6/2016quarterly$0.341.68%4/14/20164/18/20164/29/2016
12/2/2015quarterly$0.321.63%1/13/20161/15/20161/29/2016
9/11/2015quarterly$0.321.82%10/14/201510/16/201510/30/2015
6/24/2015quarterly$0.321.61%7/14/20157/16/20157/31/2015
4/8/2015quarterly$0.321.69%4/17/20154/21/20154/30/2015
12/4/2014quarterly$0.281.46%1/13/20151/15/20151/31/2015
10/2/2014quarterly$0.281.56%10/14/201410/16/201410/31/2014
6/23/2014quarterly$0.281.41%7/14/20147/16/20147/31/2014
4/8/2014quarterly$0.281.56%4/14/20144/16/20144/30/2014
12/3/2013quarterly$0.231.29%1/13/20141/15/20141/31/2014
9/24/2013quarterly$0.231.43%10/10/201310/15/201310/31/2013
6/24/2013quarterly$0.231.75%7/15/20137/17/20137/31/2013
4/9/2013quarterly$0.231.74%4/17/20134/19/20134/30/2013
12/9/2012quarterly$0.201.76%1/9/20131/11/20131/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for IDEX Corporation (NYSE:IEX)
Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 98.49%
Insider Trades by Quarter for IDEX Corporation (NYSE:IEX)
Institutional Ownership by Quarter for IDEX Corporation (NYSE:IEX)
Insider Trades by Quarter for IDEX Corporation (NYSE:IEX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/31/2017Jeffrey D BucklewSVPSell4,000$116.79$467,160.00View SEC Filing  
8/30/2017Daniel J SalliotteSVPSell6,000$115.34$692,040.00View SEC Filing  
7/27/2017Andrew K SilvernailChairmanSell50,000$115.00$5,750,000.00View SEC Filing  
4/26/2017Michael J YatesVPSell10,533$104.30$1,098,591.90View SEC Filing  
4/24/2017Jeffrey D BucklewSVPSell2,000$103.09$206,180.00View SEC Filing  
2/27/2017Jeffrey D BucklewSVPSell80$93.80$7,504.00View SEC Filing  
11/22/2016Eric D AshlemanCOOSell6,000$92.83$556,980.00View SEC Filing  
11/22/2016Jeffrey D BucklewSVPSell3,250$93.00$302,250.00View SEC Filing  
8/8/2016Andrew K SilvernailChairmanSell6,575$91.34$600,560.50View SEC Filing  
8/1/2016Gregory F MilzcikDirectorSell4,830$90.00$434,700.00View SEC Filing  
5/31/2016Daniel J SalliotteSVPSell4,000$83.27$333,080.00View SEC Filing  
5/20/2016Heath A MittsCFOSell4,354$82.25$358,116.50View SEC Filing  
5/16/2016Andrew K SilvernailCEOSell6,200$81.42$504,804.00View SEC Filing  
4/27/2016Michael J YatesCAOSell1,416$84.29$119,354.64View SEC Filing  
2/29/2016Jeffrey D BucklewSVPSell4,020$76.00$305,520.00View SEC Filing  
2/25/2016Andrew K SilvernailCEOSell4,100$75.18$308,238.00View SEC Filing  
2/25/2016Gregory F MilzcikDirectorSell19,500$74.42$1,451,190.00View SEC Filing  
2/19/2016Heath A MittsCFOSell1,729$73.69$127,410.01View SEC Filing  
11/19/2015Frank J. NotaroinsiderSell1,900$77.43$147,117.00View SEC Filing  
11/3/2015Frank J. NotaroinsiderSell1,095$77.28$84,621.60View SEC Filing  
11/2/2015Frank J. NotaroinsiderSell595$77.10$45,874.50View SEC Filing  
10/28/2015Frank J. NotaroinsiderSell1,500$77.14$115,710.00View SEC Filing  
10/26/2015Eric D AshlemanCOOSell6,200$76.87$476,594.00View SEC Filing  
10/26/2015Frank J. NotaroinsiderSell1,000$77.00$77,000.00View SEC Filing  
10/23/2015Brett E. FinleySVPSell8,763$76.55$670,807.65View SEC Filing  
10/23/2015Heath A MittsCFOSell8,019$76.67$614,816.73View SEC Filing  
5/21/2015Frank J NotaroSVPSell6,000$78.70$472,200.00View SEC Filing  
5/14/2015Frank J NotaroSVPSell4,762$78.20$372,388.40View SEC Filing  
5/11/2015Frank J NotaroSVPSell4,000$76.61$306,440.00View SEC Filing  
4/27/2015Frank J NotaroSVPSell2,000$76.50$153,000.00View SEC Filing  
2/27/2015Andrew K SilvernailCEOSell15,760$77.89$1,227,546.40View SEC Filing  
2/27/2015Brett E FinleySVPSell6,595$77.73$512,629.35View SEC Filing  
2/27/2015Heath A MittsCFOSell10,790$77.82$839,677.80View SEC Filing  
2/27/2015Michael T TokarzDirectorSell4,962$77.82$386,142.84View SEC Filing  
2/26/2015Daniel J SalliotteSVPSell4,110$78.08$320,908.80View SEC Filing  
2/24/2015Frank J NotaroSVPSell17,430$77.97$1,359,017.10View SEC Filing  
2/13/2015Frank J NotaroSVPSell8,378$76.88$644,100.64View SEC Filing  
2/9/2015Frank J NotaroSVPSell7,713$74.90$577,703.70View SEC Filing  
2/5/2015Heath A MittsCFOSell21,850$74.00$1,616,900.00View SEC Filing  
2/3/2015Frank J NotaroSVPSell6,527$73.47$479,538.69View SEC Filing  
2/2/2015Michael T TokarzDirectorSell6,750$72.07$486,472.50View SEC Filing  
11/25/2014Michael J YatesCAOSell8,434$77.92$657,177.28View SEC Filing  
11/21/2014Michael J YatesCAOSell2,216$77.70$172,183.20View SEC Filing  
11/10/2014Heath A MittsCFOSell9,000$75.45$679,050.00View SEC Filing  
8/29/2014Michael J YatesCAOSell29,782$77.05$2,294,703.10View SEC Filing  
8/28/2014Frank J NotaroSVPSell9,995$77.23$771,913.85View SEC Filing  
8/25/2014Heath A MittsCFOSell9,750$77.52$755,820.00View SEC Filing  
8/20/2014Frank J NotaroSVPSell4,500$77.20$347,400.00View SEC Filing  
8/18/2014Frank J NotaroSVPSell4,000$77.15$308,600.00View SEC Filing  
8/13/2014Frank J NotaroSVPSell4,250$76.22$323,935.00View SEC Filing  
7/25/2014Andrew K SilvernailCEOSell44,220$78.87$3,487,631.40View SEC Filing  
7/25/2014Frank J NotaroSVPSell1,250$79.00$98,750.00View SEC Filing  
5/30/2014Eric D AshlemanVPSell10,900$76.52$834,068.00View SEC Filing  
2/24/2014Frank NotaroVPSell10,096$73.47$741,753.12View SEC Filing  
1/22/2014Michael TokarzDirectorSell2,586$73.72$190,639.92View SEC Filing  
11/13/2013Heath MittsCFOSell9,000$70.02$630,180.00View SEC Filing  
11/6/2013Frank NotaroVPSell3,000$70.17$210,510.00View SEC Filing  
10/30/2013Michael J YatesCAOSell27,650$69.00$1,907,850.00View SEC Filing  
10/28/2013Frank J NotaroVPSell5,000$67.72$338,600.00View SEC Filing  
8/12/2013Daniel SalliotteVPSell37,485$61.24$2,295,581.40View SEC Filing  
8/1/2013Heath A MittsCFOSell44,100$61.74$2,722,734.00View SEC Filing  
7/31/2013Frank J NotaroVPSell15,000$59.46$891,900.00View SEC Filing  
7/29/2013Ernest J MrozekDirectorSell1,000$59.25$59,250.00View SEC Filing  
5/31/2013Jeffrey D BucklewInsiderSell2,750$55.68$153,120.00View SEC Filing  
5/30/2013Daniel J SalliotteVPSell10,635$55.13$586,307.55View SEC Filing  
5/22/2013Daniel J SalliotteVPSell12,000$56.35$676,200.00View SEC Filing  
5/17/2013Frank J NotaroVPSell4,299$56.02$240,829.98View SEC Filing  
5/15/2013Andrew K SilvernailCEOSell54,200$55.32$2,998,344.00View SEC Filing  
5/15/2013Frank J NotaroVPSell11,906$55.27$658,044.62View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for IDEX Corporation (NYSE:IEX)
Latest Headlines for IDEX Corporation (NYSE:IEX)
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Chart

IDEX Corporation (IEX) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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