Currently, there are 75.90M common shares owned by the public and among those 75.55M shares have been available to trade.
The company’s stock has a 5-day price change of 4.69% and 2.42% over the past three months. IEX shares are trading 3.06% year to date (YTD), with the 12-month market performance up to 5.19% higher. It has a 12-month low price of $189.51 and touched a high of $246.36 over the same period. IEX has an average intraday trading volume of 556.46K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.30%, -2.59%, and 1.49% respectively.
Institutional ownership of Idex Corporation (NYSE: IEX) shares accounts for 100.91% of the company’s 75.90M shares outstanding.
It has a market capitalization of $16.33B and a beta (3y monthly) value of 0.96. The stock’s trailing 12-month PE ratio is 33.37, while the earnings-per-share (ttm) stands at $6.46. The company has a PEG of 2.78 and a Quick Ratio of 2.11 with the debt-to-equity ratio at 0.55. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.50% over the week and 2.08% over the month.
Earnings per share for the fiscal year are expected to decrease by -4.15%, and 7.31% over the next financial year. EPS should grow at an annualized rate of 12.00% over the next five years, compared to 8.21% over the past 5-year period.
Stifel coverage for the Idex Corporation (IEX) stock in a research note released on February 08, 2024 offered a Buy rating with a price target of $265. Exane BNP Paribas was of a view on October 05, 2023 that the stock is Neutral, while Stifel gave the stock Hold rating on July 18, 2022, issuing a price target of $229- $188. Oppenheimer on their part issued Outperform rating on July 14, 2022.
