2 days Ago By ABMN Staff
Shares of IDEX Co. ( NYSE:IEX – Get Free Report ) have been given a consensus rating of “Moderate Buy” by the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company.
The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $241.14. Several analysts have recently commented on IEX shares.
Argus cut shares of IDEX from a “buy” rating to a “hold” rating in a research note on Wednesday, August 14th. TD Cowen reduced their price objective on shares of IDEX from $240.00 to $230.
00 and set a “buy” rating for the company in a research report on Wednesday, August 7th. Stifel Nicolaus boosted their target price on IDEX from $232.00 to $244.
00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. Oppenheimer reduced their price target on IDEX from $245.00 to $238.
00 and set an “outperform” rating for the company in a report on Monday, August 5th. Finally, DA Davidson dropped their price objective on IDEX from $220.00 to $210.
00 and set a “neutral” rating on the stock in a report on Monday, August 5th. Check Out Our Latest Research Report on IDEX Hedge Funds Weigh In On IDEX IDEX Stock Performance Shares of IEX stock opened at $228.51 on Tuesday.
IDEX has a 52-week low of $189.33 and a 52-week high of $246.36.
The stock’s 50-day moving average price is $209.33 and its 200 day moving average price is $207.45.
The company has a quick ratio of 2.11, a current ratio of 2.97 and a debt-to-equity ratio of 0.
54. The stock has a market capitalization of $17.30 billion, a PE ratio of 35.
37, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96.
IDEX ( NYSE:IEX – Get Free Report ) last released its earnings results on Tuesday, October 29th. The industrial products company reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.
89 by $0.01. IDEX had a return on equity of 15.
92% and a net margin of 15.35%. The business had revenue of $798.
20 million for the quarter, compared to analyst estimates of $793.05 million. During the same quarter in the previous year, the company posted $2.
12 earnings per share. The company’s revenue for the quarter was up .6% compared to the same quarter last year.
As a group, equities research analysts forecast that IDEX will post 7.88 EPS for the current year. IDEX Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, October 25th.
Stockholders of record on Friday, October 11th were given a $0.69 dividend. This represents a $2.
76 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend was Friday, October 11th.
IDEX’s dividend payout ratio is currently 42.72%. About IDEX ( Get Free Report 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, agricultural, and energy industries. See Also Receive News & Ratings for IDEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDEX and related companies with MarketBeat.
com's FREE daily email newsletter ..
