IDEX Corporation (NYSE:IEX) reveals prominent activities through the recent news. First the opportunity that may exist in the company is mentioned. The company has appointed
Stephanie Disher and Matthijs Glastra to its
Board of Directors, while
David Parry and Livingston Satterthwaite are set to retire. The impact of this on the company's global growth strategy is being speculated. The company has shown
strong performance in Q4 2024, despite challenging conditions. Its all-time sales peak was met with a warning of a slow start to 2025, as Q4 sales fall short of analyst estimates. IDEX has declared a regular
quarterly cash dividend while also announcing
new director appointments and completion of
Mott Corporation acquisition. Despite projections, IDEX earnings surpassed estimates and an increase in sales is noted Year Over Year. Recent performance is being analyzed for reflections of its financial health. Further, IDEX is growing its applied material science technology capabilities by acquiring
Mott Corporation. Investor returns over the past five years show a
26% return. The stock performance is also observed with gaps seen.
Boston Trust Walden Corp purchased IDEX shared and an acquisition of
Iridian Spectral Technologies is completed. The
STC Material Solutions and
Muon Group acquisitions also get completed. A noticeable increase in regular quarterly dividend is announced. IDEX announces pricing of its public offering of senior notes. The leadership transition is in progress and the Q2 revenue is posted at
$846.2M.
Idex Corporation IEX News Analytics from Wed, 17 Aug 2016 16:45:37 GMT to Fri, 21 Feb 2025 13:16:58 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor -2
