IDEX Corporation (IEX) Analysts See $1.06 EPS

June 19, 2017 - By Migdalia James

 IDEX Corporation (IEX) Analysts See $1.06 EPS
Investors sentiment increased to 1.02 in 2016 Q4. 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.
Metropolitan Life Insurance Ny, New York-based fund reported 74,065 shares. 146,707 were accumulated by Amer Group Inc. 8,735 were accumulated by Aristotle Capital Boston Lc. Acadian Asset Ltd Liability Corporation accumulated 0% or 527 shares. State Board Of Administration Of Florida Retirement System accumulated 101,670 shares. Amer Century invested in 0% or 10,863 shares. 1.20 million are owned by Primecap Mngmt Ca. Legal And General Gp Plc reported 40,175 shares. 70 are owned by City Hldg. Atlanta Capital Mgmt Company L L C holds 2.06% of its portfolio in IDEX Corporation (NYSE:IEX) for 3.59M shares. Sg Americas Secs Ltd reported 0.01% in IDEX Corporation (NYSE:IEX). Bnp Paribas Arbitrage Sa reported 31,253 shares. Teacher Retirement Of Texas invested in 0% or 6,047 shares. Boyd Watterson Asset Management Limited Liability Oh stated it has 3,603 shares. Victory Cap Inc invested 0% in IDEX Corporation (NYSE:IEX).

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

Investors wait IDEX Corporation (NYSE:IEX) to report on July, 17. 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 $81.00M profit for IEX giving the stock a 26.70 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, It closed at $113.2 lastly. It is down 30.97% since June 19, 2016 and is uptrending. It has outperformed by 14.27% the S&P500.

IDEX Corporation (NYSE:IEX) Ratings Coverage

Among 10 analysts covering IDEX Corporation (NYSE:IEX), 1 have Buy rating, 0 Sell and 9 Hold. Therefore 10% are positive. IDEX Corporation has $104 highest and $79 lowest target. $95.83’s average target is -15.34% below currents $113.2 stock price. IDEX Corporation had 21 analyst reports since September 29, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $99 target in Wednesday, April 12 report. The firm has “Hold” rating by BMO Capital Markets given on Monday, April 24. As per Tuesday, November 3, the company rating was initiated by SunTrust. Janney Capital initiated IDEX Corporation (NYSE:IEX) on Tuesday, June 21 with “Neutral” rating. The company was maintained on Friday, April 21 by Stifel Nicolaus. The stock of IDEX Corporation (NYSE:IEX) has “Hold” rating given on Wednesday, October 19 by Stifel Nicolaus. Robert W. Baird maintained IDEX Corporation (NYSE:IEX) on Monday, April 24 with “Buy” rating. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Monday, May 23. Jefferies maintained the shares of IEX in report on Thursday, April 13 with “Hold” rating. On Thursday, March 2 the stock rating was downgraded by Janney Capital to “Neutral”.

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 $8.65 billion. The Firm operates through three divisions: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST) and Fire & Safety/Diversified Products (FSDP). It has a 31.18 P/E ratio. With its divisions, as of December 31, 2016, the Company maintained 13 platforms, where it focused on growth and acquisitions.

More notable recent IDEX Corporation (NYSE:IEX) news were published by: Nasdaq.com which released: “IDEX Corporation (IEX) Ex-Dividend Date Scheduled for January 11, 2017” on January 10, 2017, also Businesswire.com with their article: “IDEX Corporation to Acquire SFC KOENIG AG” published on July 28, 2016, Finance.Yahoo.com published: “IDEX Corporation Increases Regular Quarterly Dividend Nine Percent” on April 26, 2017. More interesting news about IDEX Corporation (NYSE:IEX) were released by: Businesswire.com and their article: “IDEX Corporation Names Michael J. Yates as Interim Chief Financial Officer” published on August 31, 2016 as well as Law360.com‘s news article titled: “IDEX Corp. Pays $380K To Worker It Fired Over Cancer” with publication date: April 19, 2017.

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