NYSE:IEX - IDEX Stock Price, Forecast & 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. Since then, IEX stock has increased by 1.5% and is now trading at $136.88. View which stocks have been mosted impacted by Coronavirus.

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.

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

IDEX Co. (NYSE:IEX) posted its quarterly earnings data on Wednesday, January, 29th. The industrial products company reported $1.33 EPS for the quarter, missing analysts' consensus estimates of $1.35 by $0.02. The industrial products company earned $606 million during the quarter, compared to analysts' expectations of $614.66 million. IDEX had a return on equity of 20.68% and a net margin of 17.06%. The business's revenue was down 1.3% on a year-over-year basis. During the same period last year, the firm posted $1.31 earnings per share. View IDEX's earnings history.

IDEX declared a quarterly dividend on Wednesday, November 13th. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.50 per share on Thursday, January 30th. This represents a $2.00 annualized dividend and a yield of 1.46%. The ex-dividend date is Tuesday, January 14th. View IDEX's dividend history.

IDEX updated its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share guidance of $5.55-5.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.98.

11 brokerages have issued 1 year target prices for IDEX's stock. Their forecasts range from $147.00 to $185.00. On average, they anticipate IDEX's stock price to reach $168.11 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price. View analysts' price targets for IDEX.

Media coverage about IEX stock has been trending very negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. IDEX earned a daily sentiment score of -3.7 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutIDEX.

IDEX saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 1,090,000 shares, a decline of 9.2% from the February 13th total of 1,200,000 shares. Based on an average trading volume of 426,000 shares, the short-interest ratio is presently 2.6 days. Currently, 1.4% of the shares of the company are short sold. View IDEX's Current Options Chain.

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

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

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

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 $136.88.

IDEX has a market capitalization of $10.44 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. View additional information about IDEX.

The official website for IDEX is http://www.idexcorp.com/.

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