At the time of writing, Idex Corporation [IEX] stock is trading at $161.68, down -0.66%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IEX shares have lost -4.62% over the last week, with a monthly amount drifted -2.96%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Idex Corporation [NYSE: IEX] stock has seen the most recent analyst activity on August 14, 2024, when Argus downgraded its rating to a Hold. Previously, Stifel upgraded its rating to Buy on February 08, 2024, and elevated its price target to $265. On October 05, 2023, Exane BNP Paribas initiated with a Neutral rating and assigned a price target of $200 on the stock. Stifel downgraded its rating to a Hold and decreased its price target to $188 on July 18, 2022. Oppenheimer upgraded its rating to an Outperform but $215 remained the price target by the analyst firm on July 14, 2022. Cowen upgraded its rating to Outperform for this stock on March 09, 2022, but kept the price target unchanged to $220. In a note dated January 11, 2022, Bernstein initiated an Mkt Perform rating and provided a target price of $230 on this stock.
For the past year, the stock price of Idex Corporation fluctuated between $153.36 and $237.38. Currently, Wall Street analysts expect the stock to reach $194 within the next 12 months. Idex Corporation [NYSE: IEX] shares were valued at $161.68 at the most recent close of the market. An investor can expect a potential return of 19.99% based on the average IEX price forecast.
Analyzing the IEX fundamentals
According to Idex Corporation [NYSE:IEX], the company’s sales were 3.42B for trailing twelve months, which represents an 10.09% jump. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.12 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 160.60 points at the first support level, and at 159.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 162.88, and for the 2nd resistance point, it is at 164.08.
Ratios To Look Out For
It is important to note that Idex Corporation [NYSE:IEX] has a current ratio of 2.93. As well, the Quick Ratio is 2.06, while the Cash Ratio is 1.05. Considering the valuation of this stock, the price to sales ratio is 3.54, the price to book ratio is 3.02 and price to earnings (TTM) ratio is 25.56.
Transactions by insiders
Recent insider trading involved Christenson Carl R, Director, that happened on Nov 05 ’25 when 600.0 shares were purchased. Director, Helmkamp Katrina L completed a deal on Aug 07 ’25 to buy 2500.0 shares. Meanwhile, Interim CFO Mahendra Akhil sold 250.0 shares on Jun 05 ’25.
