IDEX Corporation (IEX)
| Market Cap | 16.86B |
| Revenue (ttm) | 3.23B |
| Net Income (ttm) | 577.70M |
| Shares Out | 75.70M |
| EPS (ttm) | 7.60 |
| PE Ratio | 29.31 |
| Forward PE | 25.59 |
| Dividend | $2.76 (1.24%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 648,710 |
| Open | 222.61 |
| Previous Close | 222.07 |
| Day's Range | 220.86 - 223.63 |
| 52-Week Range | 183.77 - 246.36 |
| Beta | 0.98 |
| Analysts | Strong Buy |
| Price Target | 255.71 (+14.8%) |
| Earnings Date | Apr 23, 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, IEX'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 7 analysts, the average rating for IEX stock is "Strong Buy." The 12-month stock price forecast is $255.71, which is an increase of 14.80% 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 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 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...
IDEX Corporation Completes STC Material Solutions Acquisition
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) today completed its previously-announced acquisition of STC Material Solutions (“STC”), an integrated provider of advanced material scien...
IDEX Corporation Expanding Material Science Manufacturing Expertise With Acquisition of STC Material Solutions
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) today announced that it has entered into a definitive agreement to acquire STC Material Solutions (“STC”), an integrated provider of adva...
IDEX Corporation Names Abhi Khandelwal as SVP, Chief Financial Officer
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) today announced the appointment of Abhi Khandelwal as Senior Vice President and Chief Financial Officer of the Company, effective Novembe...
IDEX Reports Third Quarter Results and Raises Full Year Guidance
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended September 30, 2023. “IDEX delivered strong profitability and achi...
IDEX Corporation to Webcast Third Quarter 2023 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 Thursday...
IDEX Corporation Names Allison Lausas as Interim Chief Financial Officer
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) announced today the appointment of Allison S. Lausas as interim Chief Financial Officer of the company, following the resignation of Seni...
Is IDEX Corp (IEX) Modestly Undervalued? A Comprehensive Analysis
On July 27, 2023, IDEX Corp ( IEX , Financial) recorded a daily gain of 3.23%, with an Earnings Per Share (EPS) (EPS) of 7.72. This article aims to explore the question: Is IDEX Corp (IEX) modestly un...
IDEX Reports Record Second Quarter Results; Lowers Full Year Guidance in Response to Softening Second Half Outlook
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended June 30, 2023. “IDEX achieved record sales and adjusted earnings ...
IDEX Corporation to Webcast Second Quarter 2023 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 Corporation Declare 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 $0.64 per common share. This dividend will ...
IDEX Corporation Increases Regular Quarterly Dividend Seven Percent
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX CORPORATION (NYSE:IEX) today announced that its Board of Directors has approved a seven percent increase in the company's regular quarterly cash dividend to $0....
IDEX Corporation Completes Acquisition of Iridian Spectral Technologies
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) today announced that it has completed its previously-announced acquisition of Iridian Spectral Technologies (“Iridian”), a global leader ...
IDEX Reports First Quarter Results
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended March 31, 2023. “IDEX delivered strong results in the first quart...
IDEX Corporation Continues Strategic Capital Deployment with Agreement to Acquire Iridian Spectral Technologies, a Global Leader in Thin-film Dielectric Optical Filters
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) today announced it has entered into a definitive agreement to acquire Iridian Spectral Technologies (“Iridian”) for cash consideration of...
IDEX Corporation to Webcast First Quarter 2023 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 Thursday...
'Business is very good, unfortunately': Arms fair spotlights bonanza year ahead for weapons companies
Over the last week, Abu Dhabi's biennial international defense exhibition, known as IDEX, showcased a bustling sector.
IDEX Reports Strong Fourth Quarter and Record Full Year 2022 Results
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its financial results for the quarter and year ended December 31, 2022.
IDEX Corporation to Webcast Fourth Quarter 2022 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 Wedne...
IDEX Corporation Completes Acquisition of Muon Group
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) today announced that it has completed its previously-announced acquisition of micro-precision technology manufacturing company Muon B.V...