IDEX Corporation (IEX) Analysts See $1.06 EPS

July 19, 2017 - By Marguerite Chambers

 IDEX Corporation (IEX) Analysts See $1.06 EPS
Investors sentiment increased to 1.02 in Q4 2016. Its up 0.36, from 0.66 in 2016Q3. It is positive, as 22 investors sold IDEX Corporation shares while 103 reduced holdings. 36 funds opened positions while 92 raised stakes. 73.62 million shares or 0.07% less from 73.67 million shares in 2016Q3 were reported.
Yorktown Management & Rech Co invested 0.08% of its portfolio in IDEX Corporation (NYSE:IEX). Kansas-based Creative Planning has invested 0% in IDEX Corporation (NYSE:IEX). 8,462 are owned by Commerce National Bank. Capstone Asset Mngmt stated it has 0.02% in IDEX Corporation (NYSE:IEX). Price T Rowe Associates Inc Md has invested 0.15% in IDEX Corporation (NYSE:IEX). Fenimore Asset Management Incorporated holds 856,736 shares or 3.46% of its portfolio. Raymond James holds 153,018 shares or 0.04% of its portfolio. Voya Mngmt Limited Liability Corporation reported 0.02% stake. Btim Corporation reported 67,661 shares. Nationwide Fund Advsr stated it has 385,443 shares. Fincl Bank Of America Corporation De invested 0.01% in IDEX Corporation (NYSE:IEX). Alliancebernstein Limited Partnership reported 1.79M shares or 0.13% of all its holdings. Calvert Investment Mngmt has invested 0.21% in IDEX Corporation (NYSE:IEX). Paloma Prtnrs Mngmt accumulated 11,440 shares. United Kingdom-based Hsbc Hldg Public Ltd has invested 0% in IDEX Corporation (NYSE:IEX).

Since February 9, 2017, it had 0 insider purchases, and 4 insider sales for $2.73 million activity. Silvernail Andrew K had sold 14,000 shares worth $1.26 million. ASHLEMAN ERIC D sold 12,745 shares worth $1.34M. BUCKLEW JEFFREY D sold 80 shares worth $7,504. Shares for $111,412 were sold by COOK WILLIAM M.

Investors wait IDEX Corporation (NYSE:IEX) to report on July, 25 after the close. its quarterly earnings Wall Street analysts expect $1.06 EPS, up $0.07 or 7.07 % from last year’s $0.99 same quarter earnings. This translates into $80.27M profit for IEX giving the stock a 26.91 P/E. This is assuming the current $1.06 EPS is accurate. IDEX Corporation’s Wall Street analysts see 2.91 % EPS growth, taking into account the $1.03 EPS reproted in the previous quarter, About 99,257 shares traded. IDEX Corporation (NYSE:IEX) has risen 30.97% since July 19, 2016 and is uptrending. It has outperformed by 14.27% the S&P500.

IDEX Corporation (NYSE:IEX) Ratings Coverage

Among 11 analysts covering IDEX Corporation (NYSE:IEX), 1 have Buy rating, 0 Sell and 10 Hold. Therefore 9% are positive. IDEX Corporation had 27 analyst reports since September 29, 2015 according to SRatingsIntel. The stock has “Hold” rating by Oppenheimer on Wednesday, July 5. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, April 12. The company was initiated on Tuesday, November 3 by Suntrust Robinson. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, May 25. Janney Capital initiated IDEX Corporation (NYSE:IEX) on Tuesday, June 21 with “Neutral” rating. RBC Capital Markets maintained IDEX Corporation (NYSE:IEX) on Friday, January 29 with “Outperform” rating. Janney Capital upgraded IDEX Corporation (NYSE:IEX) on Tuesday, July 19 to “Buy” rating. Stifel Nicolaus maintained IDEX Corporation (NYSE:IEX) on Wednesday, October 19 with “Hold” rating. Jefferies maintained the stock with “Hold” rating in Thursday, June 15 report. The firm has “Hold” rating by Stifel Nicolaus given on Friday, April 21.

IDEX Corporation operates an applied solutions business that sells pumps, flow meters and other fluidics systems, and components and engineered products. The company has market cap of $8.64 billion. The Firm operates through three divisions: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST) and Fire & Safety/Diversified Products (FSDP). It has a 31.42 P/E ratio. With its divisions, as of December 31, 2016, the Company maintained 13 platforms, where it focused on growth and acquisitions.

More news for IDEX Corporation (NYSE:IEX) were recently published by: Nasdaq.com, which released: “IDEX Corporation (IEX) Ex-Dividend Date Scheduled for July 12, 2017” on July 11, 2017. Nasdaq.com‘s article titled: “Ex-Dividend Reminder: Trinity Industries, IDEX and Masco” and published on July 10, 2017 is yet another important article.

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