Idex Corp Stock Analysis

IEX
 Stock
  

USD 231.06  0.77  0.33%   

The current bullish price patterns experienced by current Idex Corp shareholders may raise some interest from investors. The stock closed today at a share price of 231.06 on 286,639 in trading volume. The company directors and management have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in October. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.69. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Please see Risk vs Return Analysis.
  
The Idex Corp stock analysis report makes it easy to digest most publicly released information about Idex Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Idex Corp Stock analysis module also helps to analyze the Idex Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Idex Corp Stock Analysis Notes

About 104.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.3. Idex Corp recorded earning per share (EPS) of 6.72. The entity last dividend was issued on the 13th of October 2022. The firm had 3:2 split on the 22nd of May 2007. IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois. Idex Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 7536 people. To learn more about Idex Corp call Andrew Silvernail at 847 498-7070 or check out www.idexcorp.com.

Idex Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Idex Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Idex Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Idex Corp has a poor financial position based on the latest SEC disclosures
On 28th of October 2022 Idex Corp paid $ 0.6 per share dividend to its current shareholders

Idex Corp Upcoming and Recent Events

Earnings reports are used by Idex Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Idex Corp 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.
Upcoming Quarterly Report1st of February 2022
Next Financial Report26th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End1st of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Idex Corp Largest EPS Surprises

Earnings surprises can significantly impact Idex Corp'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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2002-01-15
2001-12-310.10.110.0110 
2002-07-18
2002-06-300.190.210.0210 
2000-04-18
2000-03-310.20.230.0315 
View All Earnings Estimates

Idex Corp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Idex Corp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Idex Corp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Idex Corp specific information freely available to individual and institutional investors to make a timely investment decision.
27th of July 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
16th of June 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
9th of May 2022
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
27th of April 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
28th of February 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
14th of February 2022
Unclassified Corporate Event
View
10th of February 2022
Unclassified Corporate Event
View
8th of February 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View

Idex Corp Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Idex Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Idex Corp backward and forwards among themselves. Idex Corp's institutional investor refers to the entity that pools money to purchase Idex Corp'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.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares120.2 K21.8 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares92.9 K17.8 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares85.6 K20.2 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares84.4 K17.5 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares82.9 K18.2 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares70.3 K14.7 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares70.4 K14 M
Note, although Idex Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Idex Corp Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 16.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Idex Corp's market, we take the total number of its shares issued and multiply it by Idex Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Idex Corp Profitablity

Idex Corp's profitability indicators refer to fundamental financial ratios that showcase Idex Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Idex Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Idex Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Idex Corp's profitability requires more research than a typical breakdown of Idex Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 18.66 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 27.85 %, which entails that for every 100 dollars of revenue, it generated 0.28 of operating income.
Last ReportedProjected for 2022
Return on Investment 16.81  15.72 
Return on Average Assets 9.63  8.80 
Return on Average Equity 16.82  15.65 
Return on Invested Capital 0.32  0.34 
Return on Sales 0.23  0.23 

Management Efficiency

The entity has Return on Asset of 9.54 % which means that on every $100 spent on asset, it made $9.54 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 20.81 %, implying that it generated $20.81 on every 100 dollars invested. Idex Corp management efficiency ratios could be used to measure how well idex corp manages its routine affairs as well as how well it operates its assets and liabilities. Idex Corp Return on Invested Capital is fairly stable at the moment as compared to the past year. Idex Corp reported Return on Invested Capital of 0.32 in 2021. Return on Sales is likely to rise to 0.23 in 2022, whereas Return on Investment is likely to drop 15.72 in 2022. Idex Corp Revenue to Assets are fairly stable at the moment as compared to the past year. Idex Corp reported Revenue to Assets of 0.56 in 2021. Asset Turnover is likely to rise to 0.71 in 2022, whereas Total Assets are likely to drop slightly above 4 B in 2022.
Last ReportedProjected for 2022
Book Value per Share 36.88  33.33 
Enterprise Value over EBIT 34.50  30.42 
Enterprise Value over EBITDA 25.35  23.35 
Price to Book Value 6.41  5.98 
Tangible Assets Book Value per Share 28.32  25.39 
Enterprise Value18.4 B15.1 B
Tangible Asset Value2.2 B1.9 B

Technical Drivers

As of the 29th of November, Idex Corp retains the Downside Deviation of 1.56, market risk adjusted performance of 0.1473, and Risk Adjusted Performance of 0.1205. Idex Corp 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. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Idex Corp, which can be compared to its competitors. Please check out Idex Corp variance, as well as the relationship between the value at risk and skewness to decide if Idex Corp is priced fairly, providing market reflects its last-minute price of 231.06 per share. Given that Idex Corp has jensen alpha of 0.1098, we strongly advise you to confirm Idex Corp's regular market performance to make sure the company can sustain itself at a future point.

Idex Corp Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Idex Corp price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.
.

Idex Corp 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 Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Idex Corp'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 Corp 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.
Watts Stanfield Paris over six months ago via Macroaxis 
Acquisition by Watts Stanfield Paris of 825 shares of Idex Corp subject to Rule 16b-3
Watts Stanfield Paris over six months ago via Macroaxis 
Acquisition by Watts Stanfield Paris of 155 shares of Idex Corp subject to Rule 16b-3
Unnikrishnan Roopa over six months ago via Macroaxis 
Acquisition by Unnikrishnan Roopa of 4585 shares of Idex Corp subject to Rule 16b-3
Anderson Lisa M over six months ago via Macroaxis 
Payment of 112 shares by Anderson Lisa M of Idex Corp subject to Rule 16b-3
Anderson Lisa M over six months ago via Macroaxis 
Idex Corp exotic insider transaction detected
Melissa Flores over six months ago via Macroaxis 
Acquisition by Melissa Flores of 5420 shares of Idex Corp subject to Rule 16b-3
Melissa Flores over six months ago via Macroaxis 
Acquisition by Melissa Flores of 5420 shares of Idex Corp subject to Rule 16b-3
Melissa Flores over six months ago via Macroaxis 
Payment of 105 shares by Melissa Flores of Idex Corp subject to Rule 16b-3
William Grogan over six months ago via Macroaxis 
Payment of 2495 shares by William Grogan of Idex Corp subject to Rule 16b-3
Livingston Satterthwaite over a year ago via Macroaxis 
Exercise or conversion by Livingston Satterthwaite of 3530 shares of Idex Corp subject to Rule 16b-3
David Parry over a year ago via Macroaxis 
Exercise or conversion by David Parry of 3075 shares of Idex Corp subject to Rule 16b-3
William Cook over a year ago via Macroaxis 
Exercise or conversion by William Cook of 3530 shares of Idex Corp subject to Rule 16b-3

Idex Corp Predictive Daily Indicators

Idex Corp 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 Corp 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.

Idex Corp Forecast Models

Idex Corp time-series forecasting models is one of many Idex Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Idex Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Idex Corp Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Idex Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Idex Corp shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Idex Corp. By using and applying Idex Corp Stock analysis, traders can create a robust methodology for identifying Idex Corp entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 23.04  20.29 
EBITDA Margin 24.49  21.87 
Gross Margin 44.29  41.60 
Profit Margin 16.25  14.03 

Current Idex Corp Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Idex Corp analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Idex Corp analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
242.46Hold13Odds
Idex Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Idex Corp analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Idex Corp stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Idex Corp, talking to its executives and customers, or listening to Idex Corp conference calls.
Idex Corp Analyst Advice Details

Idex Corp Stock Analysis Indicators

Idex Corp stock analysis indicators help investors evaluate how Idex Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Idex Corp shares will generate the highest return on investment. By understating and applying Idex Corp stock analysis, traders can identify Idex Corp position entry and exit signals to maximize returns.
Quick Ratio2.23
Trailing Annual Dividend Rate2.34
Fifty Two Week Low172.19
Revenue Growth15.70%
Payout Ratio33.04%
Average Daily Volume Last 10 Day542.36k
Shares Short Prior Month924.79k
Average Daily Volume In Three Month442.26k
Earnings Growth56.30%
Shares Percent Shares Out1.52%
Earnings Quarterly Growth54.50%
Forward Price Earnings26.08
Short Percent Of Float1.73%
Float Shares75.21M
Fifty Two Week High240.33
Fifty Day Average206.02
Two Hundred Day Average197.59
Enterprise Value To Revenue5.50
Trailing Annual Dividend Yield1.06%
Please see Risk vs Return Analysis. Note that the Idex Corp information on this page should be used as a complementary analysis to other Idex Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Idex Corp Stock analysis

When running Idex Corp price analysis, check to measure Idex Corp'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 Corp is operating at the current time. Most of Idex Corp's value examination focuses on studying past and present price action to predict the probability of Idex Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Idex Corp's price. Additionally, you may evaluate how the addition of Idex Corp to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Is Idex Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Idex Corp. If investors know Idex Corp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Idex Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.56
Market Capitalization
17.8 B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.0954
Return On Equity
0.21
The market value of Idex Corp is measured differently than its book value, which is the value of Idex Corp that is recorded on the company's balance sheet. Investors also form their own opinion of Idex Corp's value that differs from its market value or its book value, called intrinsic value, which is Idex Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Idex Corp's market value can be influenced by many factors that don't directly affect Idex Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Idex Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Idex Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Idex Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.