Idex Corporation Stock Performance
| IEX Stock | USD 232.50 5.05 2.22% |
On a scale of 0 to 100, IDEX holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of 1.19, 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. Please check IDEX's jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether IDEX's current trending patterns will revert.
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 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain technical and fundamental indicators, IDEX showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.22 | Five Day Return 2.79 | Year To Date Return 8.11 | Ten Year Return 199.27 | All Time Return 7.9 K |
Forward Dividend Yield 0.0119 | Payout Ratio 0.3533 | Last Split Factor 3:2 | Forward Dividend Rate 2.76 | Dividend Date 2025-01-31 |
1 | Gas and Liquid Handling Stocks Q2 Earnings Flowserve Best of the Bunch | 09/25/2024 |
| IDEX dividend paid on 25th of October 2024 | 10/25/2024 |
2 | IDEX Non-GAAP EPS of 1.90 beats by 0.02, revenue of 798M beats by 4.59M | 10/29/2024 |
3 | IDEX Corp Q3 2024 Earnings Revenue Hits 798M, Beating Estimates EPS Falls Short at 1.57 | 10/30/2024 |
4 | Decoding IDEX Corp A Strategic SWOT Insight | 10/31/2024 |
5 | IDEX Updates FY 2024 Earnings Guidance | 11/01/2024 |
6 | Heres Why SouthernSun SMID Cap Investment Strategy Exited IDEX Corporation | 11/05/2024 |
7 | Should You Invest in the First Trust Water ETF | 11/14/2024 |
8 | IDEX Is Reinvesting At Lower Rates Of Return | 11/19/2024 |
9 | Weitz Investment Large Cap Equity Fund Added IDEX Corporation As It Trades at a Discount To The Business Value Estimates | 11/22/2024 |
| Begin Period Cash Flow | 430.2 M |
IDEX |
IDEX Relative Risk vs. Return Landscape
If you would invest 20,292 in IDEX Corporation on August 27, 2024 and sell it today you would earn a total of 2,958 from holding IDEX Corporation or generate 14.58% return on investment over 90 days. IDEX Corporation is generating 0.2241% of daily returns assuming volatility of 1.5246% on return distribution over 90 days investment horizon. In other words, 13% of stocks are less volatile than IDEX, and above 96% 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 = 0.147
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Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average IDEX is performing at about 11% 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 | 0.14 | ||||
| Return On Asset | 0.0691 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 19.07 B | ||||
| Shares Outstanding | 75.72 M | ||||
| Price To Earning | 32.37 X | ||||
| Price To Book | 4.61 X | ||||
| Price To Sales | 5.51 X | ||||
| Revenue | 3.27 B | ||||
| Gross Profit | 1.44 B | ||||
| EBITDA | 732.5 M | ||||
| Net Income | 595.6 M | ||||
| Cash And Equivalents | 430.2 M | ||||
| Cash Per Share | 9.63 X | ||||
| Total Debt | 1.45 B | ||||
| Debt To Equity | 0.46 % | ||||
| Current Ratio | 3.23 X | ||||
| Book Value Per Share | 50.31 X | ||||
| Cash Flow From Operations | 716.7 M | ||||
| Earnings Per Share | 6.44 X | ||||
| Market Capitalization | 17.61 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
Evaluating IDEX's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if IDEX has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IDEX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. 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 | |
| On 25th of October 2024 IDEX paid $ 0.69 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Weitz Investment Large Cap Equity Fund Added IDEX Corporation As It Trades at a Discount To The Business Value Estimates |
- 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.
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.