IDEX (NYSE: IEX) is one of 99 publicly-traded companies in the “MACHINERY” industry, but how does it contrast to its rivals? We will compare IDEX to similar companies based on the strength of its analyst recommendations, valuation, institutional ownership, profitability, earnings, dividends and risk.
This is a summary of current recommendations and price targets for IDEX and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
IDEX pays an annual dividend of $1.48 per share and has a dividend yield of 1.0%. IDEX pays out 33.9% of its earnings in the form of a dividend. As a group, “MACHINERY” companies pay a dividend yield of 1.3% and pay out 34.7% of their earnings in the form of a dividend. IDEX has increased its dividend for 8 consecutive years.
Insider and Institutional Ownership
96.1% of IDEX shares are held by institutional investors. Comparatively, 69.2% of shares of all “MACHINERY” companies are held by institutional investors. 1.0% of IDEX shares are held by company insiders. Comparatively, 8.9% of shares of all “MACHINERY” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
This table compares IDEX and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Volatility & Risk
IDEX has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500. Comparatively, IDEX’s rivals have a beta of 1.73, suggesting that their average share price is 73% more volatile than the S&P 500.
Earnings and Valuation
This table compares IDEX and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|IDEX||$2.29 billion||$337.25 million||33.19|
|IDEX Competitors||$3.86 billion||$259.43 million||2.04|
IDEX’s rivals have higher revenue, but lower earnings than IDEX. IDEX is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
IDEX rivals beat IDEX on 8 of the 15 factors compared.
IDEX Corporation (IDEX) operates an applied solutions business that sells pumps, flow meters and other fluidics systems, and components and engineered products. The Company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST) and Fire & Safety/Diversified Products (FSDP). With its segments, as of December 31, 2016, the Company maintained 13 platforms, where it focused on growth and acquisitions. The Company’s FMT segment provides flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural and energy industries. The HST segment designs, produces and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems. Its FSDP segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems; engineered stainless steel banding and clamping devices, and precision equipment.
Receive News & Ratings for IDEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDEX and related companies with MarketBeat.com's FREE daily email newsletter.