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NYSE:IEX

IDEX - IEX Stock Forecast, Price & News

$229.84
+4.25 (+1.88%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$224.69
$229.88
50-Day Range
$225.59
$242.05
52-Week Range
$172.18
$246.23
Volume
600,980 shs
Average Volume
417,127 shs
Market Capitalization
$17.33 billion
P/E Ratio
29.81
Dividend Yield
1.05%
Price Target
$236.50

IDEX MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
3.7% Upside
$238.25 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.80
Upright™ Environmental Score
News Sentiment
0.44mentions of IDEX in the last 14 days
Based on 35 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.87%
From $8.70 to $8.95 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Industrial Products Sector

31st out of 175 stocks

Pumps & Pumping Equipment Industry

2nd out of 7 stocks

IEX stock logo

About IDEX (NYSE:IEX) Stock

IDEX Corp. engages in the provision of engineering solutions. It operates through the following segments: Fluid and Metering Technologies, Health and Science Technologies, and Fire and Safety or Diversified Products. The Fluid and Metering Technologies segment is involved in the design, production, and distribution of displacement pumps, valves, flow meters, injectors, and fluid-handling pump modules and systems. The Health and Science Technologies segment includes design, production, and distribution of precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction, and drying systems used in beverage, food processing, pharmaceutical, and cosmetics, pneumatic components, and sealing solutions. The Fire and Safety or Diversified Products segment consists of the production of firefighting pumps and controls, apparatus valves, monitors, nozzles, rescue tools, and lifting bags for the fire and rescue industry. The company was founded on September 24, 1987, and is headquartered in Northbrook, IL.

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IEX Stock News Headlines

IDEX (NYSE:IEX) Stock Price Down 3.2%
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Why IDEX Shares Are Trading Lower Today
IDEX's Earnings Outlook
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Oppenheimer Raises IDEX (NYSE:IEX) Price Target to $245.00
IDEX Co. (NYSE:IEX) Receives $234.00 Consensus PT from Analysts
What's in the Offing for Illinois Tool (ITW) Q4 Earnings?
IDEX (IEX) to Report Q4 Earnings: What's in the Offing?
The Returns At IDEX (NYSE:IEX) Aren't Growing
Why Idex (IEX) Could Beat Earnings Estimates Again
Nordson (NDSN) Stock Holds Promise Despite Cost Headwinds
3M (MMM) Shares Down 7% in 6 Months: What's Hurting It?
Applied Industrial (AIT) Holds Promise Despite Challenges
See More Headlines
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IEX Company Calendar

Ex-Dividend for 1/27 Dividend
1/12/2023
Dividend Payable
1/27/2023
Last Earnings
2/01/2023
Today
2/03/2023
Next Earnings (Estimated)
4/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
CUSIP
45167R10
Employees
7,536
Year Founded
1987

Price Target and Rating

Average Stock Price Forecast
$238.25
High Stock Price Forecast
$268.00
Low Stock Price Forecast
$200.00
Forecasted Upside/Downside
+2.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
11 Analysts

Profitability

Net Income
$449.40 million
Pretax Margin
23.55%

Debt

Sales & Book Value

Annual Sales
$3.18 billion
Cash Flow
$9.89 per share
Book Value
$40.30 per share

Miscellaneous

Free Float
75,044,000
Market Cap
$17.33 billion
Optionable
Optionable
Beta
0.99

Social Links


Key Executives

  • Eric D. Ashleman
    President, Chief Executive Officer & Director
  • William K. Grogan
    Chief Financial Officer & Senior Vice President
  • Marc Uleman
    Group Executive-Health & Science Technologies
  • Abigail Roche
    Chief Compliance Officer & Vice President
  • Melissa S. Flores
    Chief Human Resources Officer & Senior VP













IEX Stock - Frequently Asked Questions

Should I buy or sell IDEX stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IDEX in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IEX shares.
View IEX analyst ratings
or view top-rated stocks.

What is IDEX's stock price forecast for 2023?

11 equities research analysts have issued 1 year price targets for IDEX's shares. Their IEX share price forecasts range from $200.00 to $268.00. On average, they predict the company's share price to reach $238.25 in the next year. This suggests a possible upside of 3.7% from the stock's current price.
View analysts price targets for IEX
or view top-rated stocks among Wall Street analysts.

How have IEX shares performed in 2023?

IDEX's stock was trading at $228.33 at the beginning of the year. Since then, IEX shares have increased by 0.7% and is now trading at $229.84.
View the best growth stocks for 2023 here
.

Are investors shorting IDEX?

IDEX saw a drop in short interest in December. As of December 30th, there was short interest totaling 1,020,000 shares, a drop of 11.3% from the December 15th total of 1,150,000 shares. Based on an average daily trading volume, of 390,800 shares, the short-interest ratio is currently 2.6 days. Currently, 1.4% of the company's shares are short sold.
View IDEX's Short Interest
.

When is IDEX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our IEX earnings forecast
.

How were IDEX's earnings last quarter?

IDEX Co. (NYSE:IEX) issued its earnings results on Wednesday, February, 1st. The industrial products company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.03. The industrial products company had revenue of $810.70 million for the quarter, compared to analysts' expectations of $772.75 million. IDEX had a net margin of 18.44% and a trailing twelve-month return on equity of 21.44%. The business's revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.55 EPS.
Read the conference call transcript
.

How often does IDEX pay dividends? What is the dividend yield for IDEX?

IDEX declared a quarterly dividend on Wednesday, November 9th. Shareholders of record on Friday, January 13th will be paid a dividend of $0.60 per share on Friday, January 27th. This represents a $2.40 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, January 12th.
Read our dividend analysis for IEX
.

Is IDEX a good dividend stock?

IDEX (NYSE:IEX) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.05%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IEX will have a dividend payout ratio of 26.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IEX.

What guidance has IDEX issued on next quarter's earnings?

IDEX updated its FY 2023 earnings guidance on Tuesday, January, 31st. The company provided earnings per share (EPS) guidance of $8.50-$8.80 for the period, compared to the consensus estimate of $8.63. The company issued revenue guidance of -.

What is Eric D. Ashleman's approval rating as IDEX's CEO?

8 employees have rated IDEX Chief Executive Officer Eric D. Ashleman on Glassdoor.com. Eric D. Ashleman has an approval rating of -100% among the company's employees. This puts Eric D. Ashleman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of IDEX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IDEX investors own include CA (CA), BlackRock (BLK), CVS Health (CVS), AT&T (T), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Procter & Gamble (PG), Alibaba Group (BABA) and Bristol-Myers Squibb (BMY).

What is IDEX's stock symbol?

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

Who are IDEX's major shareholders?

IDEX's stock is owned by a number of retail and institutional investors. Top institutional investors include Fenimore Asset Management Inc. (0.99%), Congress Asset Management Co. MA (0.68%), CCLA Investment Management (0.39%), Mountain Pacific Investment Advisers Inc. ID (0.38%), Sumitomo Mitsui Trust Holdings Inc. (0.30%) and Zurcher Kantonalbank Zurich Cantonalbank (0.23%). Insiders that own company stock include Andrew K Silvernail, Daniel J Salliotte, Denise R Cade, Eric D Ashleman, Ernest J Mrozek, Jeffrey D Bucklew, Livingston Satterthwaite, Michael J Yates, William K Grogan and William M Cook.
View institutional ownership trends
.

How do I buy shares of IDEX?

Shares of IEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is IDEX's stock price today?

One share of IEX stock can currently be purchased for approximately $229.84.

How much money does IDEX make?

IDEX (NYSE:IEX) has a market capitalization of $17.33 billion and generates $3.18 billion in revenue each year. The industrial products company earns $449.40 million in net income (profit) each year or $7.71 on an earnings per share basis.

How many employees does IDEX have?

The company employs 7,536 workers across the globe.

Does IDEX have any subsidiaries?
The following companies are subsidiares of IDEX: ABEL 1 LLC, ADS Corp., ADS Environmental Services Pty Limited, ADS Environmental Technologies Inc., ADS LLC, AEGIS Flow Technologies, AEGIS Flow Technologies L.L.C., AIRTECH Europe GmbH, AWG, AWG Fittings GmbH, Abel Equipos S.A., Abel GmbH, Abel Pumps, Abel Pumps LP, Advanced Flow Solutions Inc., Advanced Thin Films, Advanced Thin Films Inc., AirTech Group Inc, AirTech Holdings LLC, AirTech-Pump Holdings Corp., AirTech-Valve Holdings Corp., Airtech Europe Spain S.L., Airtech Group, Akron Brass, Akron Brass Company, Alfa Valvole, Alfa Valvole S.r.l., Band-It Company Limited, Band-It-IDEX Inc., Banjo Corporation, Banjo Europe S.r.l., BarbIDEX International SRL, CIDRA Precision Services, CVI Laser LLC, CVI Laser Limited, CVI Melles Griot, ERC, Eastern Plastics, FAST & Fluid Management S.r.l., FTL Seals Technology Limited, Fast & Fluid Management B.V., Fast and Fluid Management Australia Pty. Ltd., Flow Management Devices, Flow Management Devices LLC, Fluid Management Canada Inc., Fluid Management Inc., Fluid Management Operations Inc., Gast Group Ltd, Gast Manufacturing Inc., Godiva Limited, Godiva Products Limited, Hale Products Europe Limited, Hale Products Inc., Harden Autotech (Shenzen) Co. Ltd, Hurst Jaws of Life Inc., IDEX Asia Pacific Pte. Ltd., IDEX Dinglee Technology (Tianjin) Co. Ltd., IDEX Europe GmbH, IDEX Health & Science KK, IDEX Health & Science LLC, IDEX Holdings GmbH, IDEX Holdings Inc., IDEX India Private Limited, IDEX Italy S.r.l., IDEX Japan GK, IDEX Korea Ltd, IDEX Leasing GmbH, IDEX MPT Inc., IDEX Mexico S.A. de C.V., IDEX Middle East FZE, IDEX Optical Technologies B.V., IDEX Pump Technologies (Ireland) Limited, IDEX SAS, IDEX Service Corp., IDEX Sourcing Corporation, IDEX Technology (Suzhou) Co. Ltd., IDEX Trading (Shanghai) Co. Ltd, IDEX UK Investment Ltd, IDEX UK Ltd., IDEX do Brasil Servicos e Vendas Ltda., IETG, Isolation Technologies, KNIGHT LLC, KVT-Koenig Holding Limited, Knight (Canada) Limited, Knight Inc., Knight UK Ltd, LUKAS Hydraulik GmbH, Liquid Controls, Liquid Controls Holdings LLC, Matcon, Matcon (R&D) Limited, Matcon Group Limited, Matcon Limited, Melles Griot GmbH, Microfluidics, Microfluidics International Corporation, Micropump Inc., Nova Technologies, Nova Technologies Corporation, Novotema, Novotema S.p.A, OBL, PP AWG GmbH, PPE International LLC, PPE LLC, Precision Photonics, Precision Polymer Engineering Limited, Pulsafeeder Inc., Quadro Engineering Corp., Richter Chemie-Technik, Richter Chemie-Technik GmbH, Richter EP (Nanjing) Co. Ltd., Richter Pumps & Valves Inc., Roplan Ltd, Roplan Machinery (Ningbo) Co. Ltd., Roplan Sales (Ningbo) Co. Ltd., Roplan Sales AB, Roplan Sales Inc., S.A.M.P.I. S.p.A., SFC KOENIG, SFC KOENIG Flow Control (Suzhou) Co. Limited, SFC Koenig AG, SFC Koenig Beteilgungs GmbH, SFC Koenig GmbH, SFC Koenig LLC, Scivex, Seals Limited, Semrock, Steridose Sales AB, The Fitzpatrick Company, The Harden Corporation, Toptech Systems, Toptech Systems Inc., Toptech Systems NV, Trebor International Inc., US Valve Corporation, Velcora, Velcora Holding AB, Vetter GmbH, Viking Pump Inc., Viking Pump of Canada Inc., Warren Rupp Inc., Wright Flow Technologies Limited, XAM Swiss Holding I GmbH, iPEK, iPEK International GmbH, iPEK Spezial TV GmbH, thinXXS Microtechnology, and thinXXS Microtechnology AG.
Read More
How can I contact IDEX?

IDEX's mailing address is 1925 WEST FIELD COURT SUITE 200, LAKE FOREST IL, 60045. The official website for the company is www.idexcorp.com. The industrial products company can be reached via phone at (847) 498-7070, via email at hmitts@idexcorp.com, or via fax at 847-498-3940.

This page (NYSE:IEX) was last updated on 2/3/2023 by MarketBeat.com Staff