Is IDEX Stock a Good Investment?
IDEX Investment Advice | IEX |
- Examine IDEX's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research IDEX's leadership team and their track record. Good management can help IDEX navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact IDEX's business and its evolving consumer preferences.
- Compare IDEX's performance and market position to its competitors. Analyze how IDEX is positioned in terms of product offerings, innovation, and market share.
- Check if IDEX pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about IDEX's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in IDEX Corporation stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if IDEX Corporation is a good investment.
Sell | Buy |
Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine IDEX Stock
Researching IDEX's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 100.0% of the company shares are owned by institutional investors. The book value of IDEX was currently reported as 50.32. The company has Price/Earnings To Growth (PEG) ratio of 2.42. IDEX recorded earning per share (EPS) of 6.45. The entity last dividend was issued on the 17th of January 2025. The firm had 3:2 split on the 22nd of May 2007.
To determine if IDEX is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding IDEX's research are outlined below:
| Over 100.0% of the company shares are owned by institutional investors | |
| On 25th of October 2024 IDEX paid $ 0.69 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Thematics Asset Management Boosts Stock Position in IDEX Co. |
IDEX Quarterly Cost Of Revenue |
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IDEX uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in IDEX Corporation. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to IDEX's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact IDEX's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises IDEX's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2002-01-15 | 2001-12-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2002-07-18 | 2002-06-30 | 0.19 | 0.21 | 0.02 | 10 | ||
2000-04-18 | 2000-03-31 | 0.2 | 0.23 | 0.03 | 15 | ||
1997-04-15 | 1997-03-31 | 0.21 | 0.18 | -0.03 | 14 | ||
2009-10-19 | 2009-09-30 | 0.35 | 0.39 | 0.04 | 11 | ||
2010-02-03 | 2009-12-31 | 0.37 | 0.43 | 0.06 | 16 | ||
2011-10-19 | 2011-09-30 | 0.62 | 0.71 | 0.09 | 14 | ||
2020-07-23 | 2020-06-30 | 1 | 1.1 | 0.1 | 10 |
Know IDEX's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as IDEX is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading IDEX Corporation backward and forwards among themselves. IDEX's institutional investor refers to the entity that pools money to purchase IDEX's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Wellington Management Company Llp | 2024-06-30 | 1.4 M | Champlain Investment Partners, Llc | 2024-09-30 | 1.2 M | Barclays Plc | 2024-06-30 | 1.2 M | Norges Bank | 2024-06-30 | 930.6 K | Fenimore Asset Management Inc | 2024-09-30 | 836.8 K | Nordea Investment Mgmt Bank Demark A/s | 2024-09-30 | 818.8 K | Alecta Pensionsforsakring, Omsesidigt | 2024-09-30 | 800 K | Jpmorgan Chase & Co | 2024-06-30 | 798.5 K | First Trust Advisors L.p. | 2024-06-30 | 764.7 K | Vanguard Group Inc | 2024-09-30 | 9.2 M | Blackrock Inc | 2024-06-30 | 6.2 M |
IDEX's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 17.57 B.Market Cap |
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IDEX's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.30 | 0.15 | |
| Return On Capital Employed | 0.14 | 0.20 | |
| Return On Assets | 0.10 | 0.07 | |
| Return On Equity | 0.17 | 0.18 |
Determining IDEX's profitability involves analyzing its financial statements and using various financial metrics to determine if IDEX is a good buy. For example, gross profit margin measures IDEX's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of IDEX's profitability and make more informed investment decisions.
IDEX's Earnings Breakdown by Geography
Please note, the imprecision that can be found in IDEX's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of IDEX Corporation. Check IDEX's Beneish M Score to see the likelihood of IDEX's management manipulating its earnings.
Evaluate IDEX's management efficiency
IDEX has Return on Asset of 0.0691 % which means that on every $100 spent on assets, it made $0.0691 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1359 %, implying that it generated $0.1359 on every 100 dollars invested. IDEX's management efficiency ratios could be used to measure how well IDEX manages its routine affairs as well as how well it operates its assets and liabilities. At this time, IDEX's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to rise to 0.18 in 2024, whereas Return On Tangible Assets are likely to drop 0.15 in 2024. At this time, IDEX's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 4.6 B in 2024, despite the fact that Net Tangible Assets are likely to grow to (597.2 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 46.84 | 49.18 | |
| Tangible Book Value Per Share | (4.09) | (3.88) | |
| Enterprise Value Over EBITDA | 17.97 | 9.87 | |
| Price Book Value Ratio | 4.63 | 4.87 | |
| Enterprise Value Multiple | 17.97 | 9.87 | |
| Price Fair Value | 4.63 | 4.87 | |
| Enterprise Value | 1.1 B | 1.2 B |
IDEX Corporation benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Dividend Yield 0.0119 | Forward Dividend Yield 0.0119 | Forward Dividend Rate 2.76 | Beta 0.952 |
Basic technical analysis of IDEX Stock
As of the 28th of November, IDEX retains the Semi Deviation of 0.8646, market risk adjusted performance of 0.1832, and Risk Adjusted Performance of 0.1109. IDEX technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.IDEX's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific IDEX insiders, such as employees or executives, is commonly permitted as long as it does not rely on IDEX's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases IDEX insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Quiroz Alejandro 3 days ago Acquisition by Quiroz Alejandro of 770 shares of IDEX subject to Rule 16b-3 | ||
Melissa Flores over three months ago Acquisition by Melissa Flores of 537 shares of IDEX at 231.0 subject to Rule 16b-3 | ||
Lisa Anderson over six months ago Disposition of 260 shares by Lisa Anderson of IDEX at 231.0 subject to Rule 16b-3 | ||
Roopa Unnikrishnan over six months ago Acquisition by Roopa Unnikrishnan of 4705 shares of IDEX at 235.13 subject to Rule 16b-3 | ||
Eric Ashleman over six months ago Acquisition by Eric Ashleman of 46070 shares of IDEX at 235.13 subject to Rule 16b-3 |
IDEX's Outstanding Corporate Bonds
IDEX issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. IDEX uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most IDEX bonds can be classified according to their maturity, which is the date when IDEX Corporation has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| IEX 2625 15 JUN 31 Corp BondUS45167RAH75 | View | |
| US45167RAG92 Corp BondUS45167RAG92 | View |
Understand IDEX's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing IDEX's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1109 | |||
| Market Risk Adjusted Performance | 0.1832 | |||
| Mean Deviation | 1.09 | |||
| Semi Deviation | 0.8646 | |||
| Downside Deviation | 1.02 | |||
| Coefficient Of Variation | 721.78 | |||
| Standard Deviation | 1.53 | |||
| Variance | 2.34 | |||
| Information Ratio | 0.0533 | |||
| Jensen Alpha | 0.0615 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0795 | |||
| Treynor Ratio | 0.1732 | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 2.38 | |||
| Downside Variance | 1.05 | |||
| Semi Variance | 0.7475 | |||
| Expected Short fall | (1.41) | |||
| Skewness | 1.79 | |||
| Kurtosis | 6.31 |
| Risk Adjusted Performance | 0.1109 | |||
| Market Risk Adjusted Performance | 0.1832 | |||
| Mean Deviation | 1.09 | |||
| Semi Deviation | 0.8646 | |||
| Downside Deviation | 1.02 | |||
| Coefficient Of Variation | 721.78 | |||
| Standard Deviation | 1.53 | |||
| Variance | 2.34 | |||
| Information Ratio | 0.0533 | |||
| Jensen Alpha | 0.0615 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0795 | |||
| Treynor Ratio | 0.1732 | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 2.38 | |||
| Downside Variance | 1.05 | |||
| Semi Variance | 0.7475 | |||
| Expected Short fall | (1.41) | |||
| Skewness | 1.79 | |||
| Kurtosis | 6.31 |
Consider IDEX's intraday indicators
IDEX intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of IDEX stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0195 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 233.35 | |||
| Day Typical Price | 232.6 | |||
| Market Facilitation Index | 4.6 | |||
| Price Action Indicator | (2.25) |
IDEX Corporate Filings
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 7th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 7th of August 2024 Other Reports | ViewVerify | |
| 31st of May 2024 Other Reports | ViewVerify |
IDEX Stock media impact
Far too much social signal, news, headlines, and media speculation about IDEX that are available to investors today. That information is available publicly through IDEX media outlets and privately through word of mouth or via IDEX internal channels. However, regardless of the origin, that massive amount of IDEX data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of IDEX news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of IDEX relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to IDEX's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive IDEX alpha.
IDEX Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards IDEX can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
IDEX Historical Investor Sentiment
Investor biases related to IDEX's public news can be used to forecast risks associated with an investment in IDEX. The trend in average sentiment can be used to explain how an investor holding IDEX can time the market purely based on public headlines and social activities around IDEX Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
IDEX's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for IDEX and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average IDEX news discussions. The higher the estimate score, the more favorable the investor's outlook on IDEX.
IDEX Corporate Directors
| Mark Buthman | Independent Director | Profile | |
| Livingston Satterthwaite | Independent Director | Profile | |
| Carl Christenson | Independent Director | Profile | |
| L WattsStanfield | Independent Director | Profile |
Additional Tools for IDEX Stock Analysis
When running IDEX's price analysis, check to measure IDEX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDEX is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.