Idex Corporation Stock Buy Hold or Sell Recommendation
| IEX Stock | USD 195.21 2.18 1.13% |
Considering the 90-day investment horizon and your complete indifference towards market risk, our recommendation regarding IDEX Corporation is 'Strong Buy'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell IDEX Corporation given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for IDEX Corporation, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out IDEX Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as IDEX and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards IDEX Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
IDEX |
Execute IDEX Buy or Sell Advice
The IDEX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on IDEX Corporation. Macroaxis does not own or have any residual interests in IDEX Corporation or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IDEX's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
IDEX Trading Alerts and Improvement Suggestions
| IDEX generated a negative expected return over the last 90 days | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Roopa Unnikrishnan Takes a Bullish Stance Acquires 129K In IDEX Stock |
IDEX Returns Distribution Density
The distribution of IDEX's historical returns is an attempt to chart the uncertainty of IDEX's future price movements. The chart of the probability distribution of IDEX daily returns describes the distribution of returns around its average expected value. We use IDEX Corporation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IDEX returns is essential to provide solid investment advice for IDEX.
| Mean Return | -0.22 | Value At Risk | -1.71 | Potential Upside | 1.95 | Standard Deviation | 1.68 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IDEX historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
IDEX Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as IDEX, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading IDEX Corporation back and forth among themselves.
| Shares | Pictet Asset Manangement Sa | 2024-09-30 | 1.5 M | Champlain Investment Partners, Llc | 2024-09-30 | 1.2 M | Barclays Plc | 2024-09-30 | 1.2 M | Van Eck Associates Corporation | 2024-12-31 | 965.2 K | First Trust Advisors L.p. | 2024-09-30 | 950.7 K | Nordea Investment Mgmt Bank Demark A/s | 2024-12-31 | 862.6 K | Fenimore Asset Management Inc | 2024-12-31 | 839.5 K | Alecta Pensionsforsakring, Omsesidigt | 2024-12-31 | 800 K | King Luther Capital Management Corp | 2024-09-30 | 742.7 K | Vanguard Group Inc | 2024-09-30 | 9.2 M | Blackrock Inc | 2024-09-30 | 6.2 M |
IDEX Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 36.5M | (46.1M) | (72.4M) | 66.2M | 17.6M | 18.5M | |
| Change In Cash | 393.3M | (170.5M) | (425.2M) | 104.1M | 104.6M | 109.8M | |
| Free Cash Flow | 517.7M | 492.6M | 489.4M | 626.8M | 603M | 633.2M | |
| Depreciation | 83.5M | 103M | 119.7M | 152.1M | 175.6M | 184.4M | |
| Other Non Cash Items | 4.1M | 13.8M | (16.7M) | (70.9M) | (18.5M) | (17.6M) | |
| Capital Expenditures | 51.5M | 72.7M | 68M | 89.9M | 65.1M | 39.2M | |
| Net Income | 377.8M | 449.3M | 586.7M | 595.6M | 504.6M | 529.8M | |
| End Period Cash Flow | 1.0B | 855.4M | 430.2M | 534.3M | 638.9M | 670.8M | |
| Dividends Paid | 151.8M | 161.1M | 177.4M | 190.7M | 205.3M | 215.6M | |
| Change Receivables | 22.3M | 20.9M | (49.4M) | (71.7M) | (64.5M) | (61.3M) | |
| Net Borrowings | (50.1M) | 194.0M | 149.3M | 273.1M | 314.1M | 329.8M | |
| Change To Netincome | 44.4M | 30.7M | 31.4M | (17.8M) | (16.0M) | (15.2M) | |
| Investments | 120K | (45.2M) | (917.2M) | (782.8M) | (704.5M) | (669.3M) |
IDEX Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to IDEX or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that IDEX's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IDEX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | -0.14 |
IDEX Volatility Alert
IDEX Corporation exhibits very low volatility with skewness of -2.87 and kurtosis of 15.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IDEX's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact IDEX's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.IDEX Fundamentals Vs Peers
Comparing IDEX's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze IDEX's direct or indirect competition across all of the common fundamentals between IDEX and the related equities. This way, we can detect undervalued stocks with similar characteristics as IDEX or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of IDEX's fundamental indicators could also be used in its relative valuation, which is a method of valuing IDEX by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare IDEX to competition |
| Fundamentals | IDEX | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.069 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.20 % | (5.51) % |
| Current Valuation | 16.12 B | 16.62 B |
| Shares Outstanding | 75.72 M | 571.82 M |
| Shares Owned By Insiders | 0.45 % | 10.09 % |
| Shares Owned By Institutions | 99.58 % | 39.21 % |
| Number Of Shares Shorted | 1.28 M | 4.71 M |
| Price To Earning | 32.37 X | 28.72 X |
| Price To Book | 3.90 X | 9.51 X |
| Price To Sales | 4.52 X | 11.42 X |
| Revenue | 3.27 B | 9.43 B |
| Gross Profit | 1.45 B | 27.38 B |
| EBITDA | 677.2 M | 3.9 B |
| Net Income | 504.6 M | 570.98 M |
| Cash And Equivalents | 430.2 M | 2.7 B |
| Cash Per Share | 9.63 X | 5.01 X |
| Total Debt | 1.96 B | 5.32 B |
| Debt To Equity | 0.46 % | 48.70 % |
| Current Ratio | 3.23 X | 2.16 X |
| Book Value Per Share | 50.06 X | 1.93 K |
| Cash Flow From Operations | 668.1 M | 971.22 M |
| Short Ratio | 3.05 X | 4.00 X |
| Earnings Per Share | 6.64 X | 3.12 X |
| Price To Earnings To Growth | 1.83 X | 4.89 X |
| Target Price | 231.73 | |
| Number Of Employees | 8.8 K | 18.84 K |
| Beta | 0.97 | -0.15 |
| Market Capitalization | 14.78 B | 19.03 B |
| Total Asset | 6.75 B | 29.47 B |
| Retained Earnings | 4.23 B | 9.33 B |
| Working Capital | 946 M | 1.48 B |
Note: Disposition of 413 shares by Lisa Anderson of IDEX at 196.45 subject to Rule 16b-3 [view details]
IDEX Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IDEX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About IDEX Buy or Sell Advice
When is the right time to buy or sell IDEX Corporation? Buying financial instruments such as IDEX Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having IDEX in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Military Industrial Thematic Idea Now
Military Industrial
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 35 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Military Industrial Theme or any other thematic opportunities.
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Additional 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.