IDEX Corporation (IEX)
| Market Cap | 16.89B |
| Revenue (ttm) | 3.19B |
| Net Income (ttm) | 490.40M |
| Shares Out | 75.72M |
| EPS (ttm) | 6.45 |
| PE Ratio | 34.59 |
| Forward PE | 26.73 |
| Dividend | $2.76 (1.24%) |
| Ex-Dividend Date | Oct 11, 2024 |
| Volume | 464,014 |
| Open | 224.18 |
| Previous Close | 223.61 |
| Day's Range | 219.95 - 224.18 |
| 52-Week Range | 189.51 - 246.36 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 241.14 (+8.08%) |
| Earnings Date | Oct 29, 2024 |
About IEX
IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater,... [Read more]
Financial Performance
In 2023, IDEX Corporation's revenue was $3.27 billion, an increase of 2.89% compared to the previous year's $3.18 billion. Earnings were $596.10 million, an increase of 1.57%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for IEX stock is "Buy." The 12-month stock price forecast is $241.14, which is an increase of 8.08% from the latest price.
News
IDEX Corporation Declares Regular Quarterly Cash Dividend
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX CORPORATION (NYSE:IEX) today announced that its Board of Directors has approved a regular quarterly cash dividend of $0.69 per common share. This dividend will ...
IDEX Corporation (IEX) Q3 2024 Earnings Call Transcript
IDEX Corporation (NYSE:IEX) Q3 2024 Earnings Conference Call October 30, 2024 10:30 AM ET Company Participants Wendy Palacios - Vice President, Investor Relations, FP&A Eric Ashleman - Chief Executiv...
IDEX Reports Third Quarter Results
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its financial results for the three-month period ended September 30, 2024. “We are encouraged by our third quarter perfo...
IDEX Corporation to Webcast Third Quarter 2024 Earnings Call
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) announced today that it has scheduled the broadcast of the company's third quarter earnings conference call over the internet on Wednesda...
Citi's Drew Pettit on opportunities in nuclear energy
Drew Pettit, Citi Research U.S. equity strategist, joins 'The Exchange' to discuss opportunities in nuclear energy, his picks for green stocks, and more
IDEX Corporation Completes Acquisition of Mott Corporation
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) (“IDEX”) has completed its previously-announced acquisition of Mott Corporation and its subsidiaries (“Mott”), expanding IDEX's applied ...
IDEX Corp. Q2: Project Delay And Weakness In Life Science
I reiterate a 'Buy' rating for IDEX, with a fair price target of $220 per share, despite near-term headwinds in organic revenue and market softness. IDEX's acquisition of Mott Corporation for $1 billi...
IDEX Corporation Announces Pricing of Public Offering of Senior Notes
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) (“IDEX” or the “company”) today announced the pricing of its public offering of $500 million principal amount of 4.950% Senior Notes due...
IDEX Corporation (IEX) Q2 2024 Earnings Call Transcript
IDEX Corporation (NYSE:IEX) Q2 2024 Earnings Conference Call August 1, 2024 10:30 AM ET Company Participants Wendy Palacios - Vice President, Investor Relations, FP&A Eric Ashleman - Chief Executive ...
IDEX Reports Second Quarter Results and Updates 2024 Outlook
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its financial results for the three-month period ended June 30, 2024. “IDEX teams delivered strong execution in the seco...
Will The Next Batch Of Tech Earnings Encourage Investors To Rotate Back In?
All eyes will remain on big tech this week with Microsoft, Amazon, Meta, and Apple set to report for Q2. Outlier earnings this week include - McDonald's & Boeing. During this second peak week of the Q...
Industrial pump maker IDEX Corp to buy Mott Corp for $1 billion
Industrial pump maker IDEX Corp said on Tuesday it would buy filtration products maker Mott Corp for $1 billion in cash.
IDEX Corporation to Acquire Mott Corporation, Expanding Applied Materials Science Technology Capabilities Across High-Value End Markets
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) (“IDEX”) today announced it has entered into a definitive agreement to acquire Mott Corporation and its subsidiaries (“Mott”) for cash c...
Hedge Funds Are Overrated: 3 Highly Attractive Dividend Stocks To Buy
James Simons' Medallion fund achieved a remarkable 40% annual return over 35 years, outperforming the S&P 500 by 4x. Hedge funds, in general, have become overrated due to their size and lack of opport...
IDEX Corporation to Webcast Second Quarter 2024 Earnings Call
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) announced today that it has scheduled the broadcast of the company's second quarter earnings conference call over the internet on Thursda...
IDEX: Order Moderation Illuminating A Path Forward
Order moderation in Q1 FY24 indicates initial recovery in end-markets and completion of inventory destocking. IDEX reaffirmed full-year guidance of 0%-2% organic revenue growth, anticipating end-marke...
IDEX Corporation (IEX) Q1 2024 Earnings Call Transcript
IDEX Corporation (NYSE:IEX) Q1 2024 Earnings Conference Call April 24, 2024 10:30 AM ET Company Participants Wendy Palacios – Vice President-FP&A and Investor Relations Eric Ashleman – Chief Executiv...
IDEX Reports First Quarter Results and Confirms Full Year Guidance
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its financial results for the three-month period ended March 31, 2024. “Our IDEX teams delivered solid results in the fi...
IDEX Corporation to Webcast First Quarter 2024 Earnings Call
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) announced today that it has scheduled the broadcast of the company's first quarter earnings conference call over the internet on Wednesda...
IDEX: Inventory Improvements And End-Market Stabilization, Still A Buy
IDEX reported a decline in its Health & Science Technologies segment by 19% year-over-year in Q4. The company has made efforts to improve inventory levels and streamline excessive inventories amassed ...
IDEX Corporation (IEX) Q4 2023 Earnings Call Transcript
IDEX Corporation (IEX) Q4 2023 Earnings Call Transcript
IDEX Reports Fourth Quarter and Full Year 2023 Results
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its financial results for the quarter and year ended December 31, 2023. “IDEX businesses weathered an unprecedented year...
Artemis Announces Sale of STC to IDEX
BOSTON , Jan. 9, 2024 /PRNewswire/ -- Artemis ("Artemis"), the Industrial Tech Private Equity firm, completed the successful sale of its portfolio company, STC Material Solutions ("the Company" or "ST...
IDEX Corporation to Webcast Fourth Quarter 2023 Earnings Call
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) announced today that it has scheduled the broadcast of the company's fourth quarter earnings conference call over the internet on Wednesd...