Idex Corporation has reportedly garnered positive attention, obtaining a spot on Seaport Research's 'Top Picks' List. Several financial institutions have shown considerable interest in the company, with Deprince Race & Zollo Inc. acquiring
IDEX shares. Stifel Nicolaus maintains confidence in the company by sticking to its Buy rating and increasing the target price to $200. Moreover, there have been appointments in leadership, with Sean Gillen assuming the role of Chief Financial Officer. However,
Idex Corp stock's performance in comparison with Dow and Nasdaq is questionably underperforming. Expected earnings for the company's Q1 have also been set. Furthermore, some financial institutions have adjusted their positions in IDEX Corporation, with instances of purchase of shares, lowering of positions, and selling of stocks. Recently, IDEX Corporation declared a regular quarterly cash dividend and beat EPS estimates by 5.8%, which reflects favorably on the company. Changes to the growth outlook have raised questions regarding potential downside risk. However, Q3 earnings results are notable, outperforming estimates and recording increased sales compared to the previous year.
Idex Corporation IEX News Analytics from Sun, 09 Feb 2025 08:00:00 GMT to Sat, 03 Jan 2026 11:03:49 GMT -
Rating 5
- Innovation -5
- Information 7
- Rumor -2
