Idex Corporation Stock Analysis

IDEX Stock Analysis Notes

About 100.0% of the company shares are owned by institutional investors. The book value of IDEX was currently reported as 46.76. The company has Price/Earnings To Growth (PEG) ratio of 2.31. IDEX recorded earning per share (EPS) of 7.84. The entity last dividend was issued on the 11th of January 2024. The firm had 3:2 split on the 22nd of May 2007. IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois. Idex Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 7536 people. To learn more about IDEX Corporation call Andrew Silvernail at 847 498 7070 or check out https://www.idexcorp.com.

IDEX Investment Alerts

IDEX Upcoming and Recent Events

IDEX Largest EPS Surprises

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IDEX Thematic Classifications

IDEX Stock Institutional Investors

Note, although IDEX's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

IDEX Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 17.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IDEX's market, we take the total number of its shares issued and multiply it by IDEX's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

IDEX Profitablity

The company has Net Profit Margin of 0.18 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.21 %, which entails that for every 100 dollars of revenue, it generated $0.21 of operating income.

Management Efficiency

IDEX has Return on Asset of 0.0828 % which means that on every $100 spent on assets, it made $0.0828 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.181 %, implying that it generated $0.181 on every 100 dollars invested. IDEX's management efficiency ratios could be used to measure how well IDEX manages its routine affairs as well as how well it operates its assets and liabilities. At this time, IDEX's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to rise to 0.18 in 2024, whereas Return On Tangible Assets are likely to drop 0.15 in 2024. At this time, IDEX's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 4.6 B in 2024, despite the fact that Net Tangible Assets are likely to grow to (597.2 M).

Technical Drivers

As of the 23rd of April, IDEX retains the Risk Adjusted Performance of 0.109, semi deviation of 0.7463, and Market Risk Adjusted Performance of 0.1467. IDEX technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for IDEX, which can be compared to its competitors. Please check out IDEX variance, as well as the relationship between the value at risk and skewness to decide if IDEX is priced more or less accurately, providing market reflects its last-minute price of 229.89 per share. Given that IDEX Corporation has jensen alpha of 0.07, we strongly advise you to confirm IDEX's regular market performance to make sure the company can sustain itself in the future.

IDEX Price Movement Analysis

IDEX Insider Trading Activities

IDEX Outstanding Bonds

IDEX Predictive Daily Indicators

IDEX Corporate Filings

IDEX Forecast Models

IDEX's time-series forecasting models are one of many IDEX's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary IDEX's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how IDEX prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling IDEX shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as IDEX. By using and applying IDEX Stock analysis, traders can create a robust methodology for identifying IDEX entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. IDEX analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. IDEX analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

IDEX Corporation stock analysis indicators help investors evaluate how IDEX stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading IDEX shares will generate the highest return on investment. By understating and applying IDEX stock analysis, traders can identify IDEX position entry and exit signals to maximize returns.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the IDEX information on this page should be used as a complementary analysis to other IDEX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

When running IDEX's price analysis, check to measure IDEX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDEX is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.

Is IDEX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IDEX. If investors know IDEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IDEX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of IDEX is measured differently than its book value, which is the value of IDEX that is recorded on the company's balance sheet. Investors also form their own opinion of IDEX's value that differs from its market value or its book value, called intrinsic value, which is IDEX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IDEX's market value can be influenced by many factors that don't directly affect IDEX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between IDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDEX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.