Idex Corporation Stock Performance
| IEX Stock | USD 230.49 2.18 0.94% |
IDEX has a performance score of 14 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.16, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, IDEX will likely underperform. IDEX at this time retains a risk of 1.03%. Please check out IDEX value at risk, and the relationship between the jensen alpha and skewness , to decide if IDEX will be following its current trending patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in IDEX Corporation are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain technical and fundamental indicators, IDEX may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return (0.94) | Five Day Return (2.41) | Year To Date Return 7.18 | Ten Year Return 219.15 | All Time Return 7.9 K |
Forward Dividend Yield 0.0111 | Payout Ratio 0.3114 | Last Split Factor 3:2 | Forward Dividend Rate 2.56 | Dividend Date 2024-01-26 |
| IDEX dividend paid on 26th of January 2024 | 01/26/2024 |
1 | Idex Beats Q4 Earnings and Revenue Estimates | 02/06/2024 |
2 | IDEX Co. Shares Purchased by V Square Quantitative Management LLC | 02/21/2024 |
3 | Acquisition by Eric Ashleman of 46070 shares of IDEX at 235.13 subject to Rule 16b-3 | 02/22/2024 |
4 | Why Is Idex Up 6.6 percent Since Last Earnings Report | 03/07/2024 |
5 | IDEX Corporation Shares Could Be 23 percent Below Their Intrinsic Value Estimate | 03/12/2024 |
6 | Vanguard Group Inc. Decreases Stake in IDEX Co. - Defense World | 03/18/2024 |
7 | Nordea Investment Management AB Acquires 125,348 Shares of IDEX Co. - MarketBeat | 03/20/2024 |
8 | If You Invested 100 In This Stock 10 Years Ago, You Would Have 300 Today | 03/25/2024 |
9 | Is There Now An Opportunity In IDEX Corporation | 03/27/2024 |
10 | Raymond James Associates Grows Stake in IDEX Co. - MarketBeat | 04/02/2024 |
11 | Acquisition by Roopa Unnikrishnan of 4705 shares of IDEX at 235.13 subject to Rule 16b-3 | 04/05/2024 |
12 | All You Need to Know About Idex Rating Upgrade to Buy | 04/10/2024 |
13 | Reasons Why IDEX Stock Should be in Your Portfolio | 04/15/2024 |
| Begin Period Cash Flow | 430.2 M |
IDEX |
IDEX Relative Risk vs. Return Landscape
If you would invest 20,504 in IDEX Corporation on January 17, 2024 and sell it today you would earn a total of 2,545 from holding IDEX Corporation or generate 12.41% return on investment over 90 days. IDEX Corporation is generating 0.1911% of daily returns assuming volatility of 1.0342% on return distribution over 90 days investment horizon. In other words, 9% of stocks are less volatile than IDEX, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
IDEX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IDEX's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as IDEX Corporation, and traders can use it to determine the average amount a IDEX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1848
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average IDEX is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IDEX by adding it to a well-diversified portfolio.
IDEX Fundamentals Growth
IDEX Stock prices reflect investors' perceptions of the future prospects and financial health of IDEX, and IDEX fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IDEX Stock performance.
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0828 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 18.34 B | ||||
| Shares Outstanding | 75.69 M | ||||
| Price To Earning | 32.37 X | ||||
| Price To Book | 4.97 X | ||||
| Price To Sales | 5.38 X | ||||
| Revenue | 3.27 B | ||||
| Gross Profit | 1.44 B | ||||
| EBITDA | 732.5 M | ||||
| Net Income | 595.1 M | ||||
| Cash And Equivalents | 430.2 M | ||||
| Cash Per Share | 9.63 X | ||||
| Total Debt | 1.33 B | ||||
| Debt To Equity | 0.46 % | ||||
| Current Ratio | 3.23 X | ||||
| Book Value Per Share | 46.76 X | ||||
| Cash Flow From Operations | 716.7 M | ||||
| Earnings Per Share | 7.86 X | ||||
| Market Capitalization | 17.45 B | ||||
| Total Asset | 5.87 B | ||||
| Retained Earnings | 3.93 B | ||||
| Working Capital | 946 M | ||||
| Current Asset | 862.68 M | ||||
| Current Liabilities | 309.6 M | ||||
About IDEX Performance
To evaluate IDEX Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when IDEX generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare IDEX Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand IDEX market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents IDEX's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 84.07 | 99.84 | |
| Return On Tangible Assets | 0.30 | 0.15 | |
| Return On Capital Employed | 0.14 | 0.20 | |
| Return On Assets | 0.10 | 0.07 | |
| Return On Equity | 0.17 | 0.18 |
Things to note about IDEX performance evaluation
Checking the ongoing alerts about IDEX for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for IDEX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Reasons Why IDEX Stock Should be in Your Portfolio |
- Analyzing IDEX's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether IDEX's stock is overvalued or undervalued compared to its peers.
- Examining IDEX's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating IDEX's management team can have a significant impact on its success or failure. Reviewing the track record and experience of IDEX's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of IDEX's stock. These opinions can provide insight into IDEX's potential for growth and whether the stock is currently undervalued or overvalued.
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for IDEX Stock analysis
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.
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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.
Quarterly Earnings Growth (0.16) | Dividend Share 2.56 | Earnings Share 7.86 | Revenue Per Share 43.306 | Quarterly Revenue Growth (0.03) |
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.