IDEX Corporation (IEX) has reported variable Q4 2024 results, with several overviews suggesting a strong performance despite challenging conditions, but also acknowledging a revenue miss and weak Q1 guidance. Analyst upgrade and downgrades are present, revealing a mixed sentiment. The company has seen C-level and board changes, appointing new members and retiring some. Two significant acquisitions, Mott Corporation and Iridian Spectral Technologies have been completed, aiming to enhance expertise in Applied Materials Science Technology and spectral technologies. An examination of past five-year returns shows a growth of 26-45%. Nonetheless, some insiders have demonstrated bullish stances with considerable stock purchases. The company has also issued dividends and completed the acquisition of multiple companies to strengthen its product portfolio. Despite this, there are concerns of IDEX underperforming the industrial sector and some investment advisories suggest caution or avoidance. Finally, IDEX’s future prospects expect an adjusted EPS growth of 3-7% in 2025 mainly due to HST leading recovery.
Idex Corporation IEX News Analytics from Wed, 17 Aug 2016 16:45:37 GMT to Sat, 01 Mar 2025 10:26:14 GMT - Rating 0 - Innovation 6 - Information 8 - Rumor -2
