News headlines about IDEX (NYSE:IEX) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. IDEX earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 45.2379653170757 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
IDEX (IEX) traded down $0.90 during midday trading on Friday, hitting $132.07. The stock had a trading volume of 129,460 shares, compared to its average volume of 220,151. IDEX has a 12 month low of $88.29 and a 12 month high of $135.70. The firm has a market capitalization of $10,090.00, a PE ratio of 33.86, a price-to-earnings-growth ratio of 2.40 and a beta of 1.24. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.04 and a current ratio of 2.84.
IDEX (NYSE:IEX) last released its quarterly earnings results on Monday, October 16th. The industrial products company reported $1.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.06 by $0.02. IDEX had a return on equity of 19.00% and a net margin of 14.58%. The company had revenue of $574.50 million during the quarter, compared to analysts’ expectations of $563.23 million. During the same period in the previous year, the firm posted $0.92 earnings per share. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. analysts forecast that IDEX will post 4.26 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 30th. Investors of record on Monday, January 15th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $1.48 annualized dividend and a yield of 1.12%. IDEX’s payout ratio is currently 37.95%.
A number of analysts have commented on the company. Zacks Investment Research downgraded IDEX from a “buy” rating to a “hold” rating in a research report on Monday, December 18th. Robert W. Baird reiterated a “buy” rating and set a $141.00 target price on shares of IDEX in a research report on Friday, December 15th. Stifel Nicolaus reiterated a “hold” rating and set a $132.00 target price on shares of IDEX in a research report on Thursday, December 14th. Seaport Global Securities reiterated a “neutral” rating on shares of IDEX in a research report on Wednesday, October 18th. Finally, Oppenheimer reiterated a “hold” rating on shares of IDEX in a research report on Wednesday, October 18th. Eleven analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. IDEX presently has a consensus rating of “Hold” and a consensus target price of $116.44.
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IDEX Company Profile
IDEX Corporation (IDEX) operates an applied solutions business that sells pumps, flow meters and other fluidics systems, and components and engineered products. The Company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST) and Fire & Safety/Diversified Products (FSDP).
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