Idex Corporation (NYSE:IEX) currently has a daily average trading volume of 691.28K but it saw 1082094 shares traded in last market. With a market cap of 13.14B USD, the company’s current market price of $173.97 came rising about 1.03 while comparing to the previous closing price of $172.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $238.22 and as low as $153.36. In the recent trading on the day, stock has struck highest price mark of $169.31 while lowest mark touched by it was $173.97.
Taking a look at 20-day trading activity of Idex Corporation (IEX) gives us an average price of $168.76, while its current price level is -26.97% below from 52-week high level whereas it is 13.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $179.84 while that of 200 days or SMA-200 reads an average of $203.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.42% during that period while stretching the period over a month that increases to 3.86%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.83 which implies that the stock is in neutral territory.
Stifel upgraded its recommendation for the stock as a “Buy” from “Hold” on February 08, 2024 while assigning a price target range of $215-$265. Exane BNP Paribas issued its recommendations for the stock as it initiated the price target for the stock is $200.
Over the week, IEX’s stock price is moving 4.08% up while it is -3.87% when we observe its performance for the past one month. Year-to-date it is -16.88% down and over the past year, the stock is showing a downside performance of -21.16%.
The company is expected to be releasing its next quarterly report on 2025-Feb-03, for which analysts forecasted an EPS of 1.64 while estimate for next year EPS is 8.11. In next quarter, company is expected to be making quarterly sales of $858.94M as analysts are expecting the sales for current fiscal year at $3.41B and seeing the company making $3.55B in sales next year. Moreover, analysts are in estimates of $806.35M for current-quarter revenue.
Currently, Idex Corporation’s total number of outstanding shares is 75.90M with 0.20% of that held by the insiders while 103.12% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.93% and return on equity (ROE) at 13.77%. It has a price to earnings ratio (P/E ratio) of 26.15 while having a 19.71 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 3.48 while price to sale or P/S ratio amounts to 4.02. Its return on asset (ROA) is 8.01% on average.
