Idex Corporation (NYSE: IEX) is -10.33% lower on its value in year-to-date trading and has touched a low of $183.24 and a high of $246.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IEX stock was last observed hovering at around $187.48 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $187.66, the stock is -2.97% and -8.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing 0.10% at the moment leaves the stock -9.96% off its SMA200. IEX registered -20.26% loss for a year compared to 6-month loss of -6.35%.
The stock witnessed a -5.02% gain in the last 1 month and extending the period to 3 months gives it a -18.59%, and is -3.43% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.79% over the week and 2.29% over the month.
Idex Corporation (IEX) has around 9000 employees, a market worth around $14.22B and $3.27B in sales. Current P/E ratio is 28.20 and Fwd P/E is 20.63. Profit margin for the company is 15.45%. Distance from 52-week low is 2.41% and -23.83% from its 52-week high. The company has generated returns on investments over the last 12 months (8.93%).
with sales reaching $807.25M over the same period.The EPS is expected to grow by 4.96% this year, but quarterly earnings will post 5.03% year-over-year. Quarterly sales are estimated to grow 0.84% in year-over-year returns.
Idex Corporation (IEX) Top Institutional Holders
The shares outstanding are 75.90M, and float is at 75.61M with Short Float at 1.30%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 9.2 million shares valued at $1.85 billion. The investor’s holdings represent 12.1592% of the IEX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.2 million shares valued at $1.25 billion to account for 8.1892 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 5.65 million shares representing 7.4655% and valued at over $1.14 billion, while STATE STREET CORP holds 3.9668 of the shares totaling 3.0 million with a market value of $604.18 million.
Idex Corporation (IEX) Insider Activity
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