Idex Corporation (NYSE: IEX) is -7.47% lower on its value in year-to-date trading and has touched a low of $153.36 and a high of $238.22 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 $182.16 in the last trading session, with the day’s loss setting it -0.91%.
Currently trading at $181.25, the stock is 1.47% and 0.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing -0.50% at the moment leaves the stock -8.90% off its SMA200. IEX registered -13.40% loss for a year compared to 6-month loss of -13.21%. The firm has a 50-day simple moving average (SMA 50) of $180.2572 and a 200-day simple moving average (SMA200) of $198.9563.
The stock witnessed a -0.43% gain in the last 1 month and extending the period to 3 months gives it a -1.12%, and is 2.78% up 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 2.28% over the week and 1.83% over the month.
Idex Corporation (IEX) has around 9000 employees, a market worth around $13.69B and $3.28B in sales. Current P/E ratio is 28.71 and Fwd P/E is 20.30. Profit margin for the company is 14.60%. Distance from 52-week low is 18.19% and -23.91% from its 52-week high. The company has generated returns on investments over the last 12 months (8.34%).
with sales reaching $858.59M over the same period.The EPS is expected to grow by 3.93% this year, but quarterly earnings will post 4.94% year-over-year. Quarterly sales are estimated to grow 6.37% in year-over-year returns.
942.0 institutions hold shares in Idex Corporation (IEX), with institutional investors hold 102.69% of the company’s shares. The shares outstanding are 75.70M, and float is at 75.36M with Short Float at 2.59%. Institutions hold 102.47% of the Float.
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
The most recent transaction is an insider sale by Mahendra Akhil, the company’s Interim CFO. SEC filings show that Mahendra Akhil sold 250 shares of the company’s common stock on Jun 05 ’25 at a price of $180.89 per share for a total of $45222.0. Following the sale, the insider now owns 5035.0 shares.
