IDEX Corporation

Company Profile

IDEX Corporation had its IPO on 1991-06-21 under the ticker symbol IEX.

The company operates in the Industrials sector and Specialty Industrial Machinery industry. IDEX Corporation has a staff strength of 8,868 employees.

Stock update

Shares of IDEX Corporation opened at $140.5 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of $132.1 - $140.7, and closed at $132.6.

This is a -5.42% slip from the previous day's closing price.

A total volume of 18,253,261 shares were traded at the close of the day’s session.

In the last one week, shares of IDEX Corporation have slipped by -3.28%.

IDEX Corporation's Key Ratios

IDEX Corporation has a market cap of $16.25 billion, indicating a price to book ratio of 6.4189 and a price to sales ratio of 5.6109.

In the last 12-months IDEX Corporation’s revenue was $3.33 billion with a gross profit of $1.44 billion and an EBITDA of $947.90 million. The EBITDA ratio measures IDEX Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, IDEX Corporation’s operating margin was 24.38% while its return on assets stood at 9.54% with a return of equity of 19.35%.

In Q2, IDEX Corporation’s quarterly earnings growth was a positive 0.6% while revenue growth was a positive 6.3%.

IDEX Corporation’s PE and PEG Ratio

Forward PE

28.0112

Trailing PE

27.8859

PEG

2.1549

Its diluted EPS in the last 12-months stands at $7.71 per share while it has a forward price to earnings multiple of 28.0112 and a PEG multiple of 2.1549. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into IDEX Corporation’s profitability.

IDEX Corporation stock is trading at a EV to sales ratio of 6.0303 and a EV to EBITDA ratio of 20.8275. Its price to sales ratio in the trailing 12-months stood at 5.6109.

IDEX Corporation stock pays annual dividends of $2.48 per share, indicating a yield of 1.18% and a payout ratio of 29.45%.

Balance sheet and cash flow metrics

Total Assets

$5.72 billion

Total Liabilities

$486.60 million

Operating Cash Flow

$-147400000.00

Capital Expenditure

$21.60 million

Dividend Payout Ratio

29.45%

IDEX Corporation ended 2024 with $5.72 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.72 billion while shareholder equity stood at $3.28 billion.

IDEX Corporation ended 2024 with $0 in deferred long-term liabilities, $486.60 million in other current liabilities, 900000.00 in common stock, $3.71 billion in retained earnings and $2.71 billion in goodwill. Its cash balance stood at $457.00 million and cash and short-term investments were $457.00 million. The company’s total short-term debt was $500,000 while long-term debt stood at $1.47 billion.

IDEX Corporation’s total current assets stands at $1.49 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $455.20 million compared to accounts payable of $189.70 million and inventory worth $482.50 million.

In 2024, IDEX Corporation's operating cash flow was $-147400000.00 while its capital expenditure stood at $21.60 million.

Comparatively, IDEX Corporation paid $0.29 in dividends in 2024.

Other key metrics

Current Trading Price

$132.6

52-Week High

$244.1207

52-Week Low

$193.5972

Analyst Target Price

$233.41

IDEX Corporation stock is currently trading at $132.6 per share. It touched a 52-week high of $244.1207 and a 52-week low of $244.1207. Analysts tracking the stock have a 12-month average target price of $233.41.

Its 50-day moving average was $126.69 and 200-day moving average was $138.79 The short ratio stood at 2.28 indicating a short percent outstanding of 0%.

Around 25.3% of the company’s stock are held by insiders while 10112.3% are held by institutions.