IDEX Corporation (IEX) EPS Estimated At $1.06

September 17, 2017 - By Winifred Garcia

 IDEX Corporation (IEX) EPS Estimated At $1.06
Investors sentiment increased to 1.02 in 2016 Q4. Its up 0.36, from 0.66 in 2016Q3. It increased, 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.
Stratos Wealth Prtn Ltd holds 4,527 shares or 0.03% of its portfolio. Principal Financial Inc holds 0.06% or 536,288 shares in its portfolio. Gemmer Asset Mngmt Limited Liability Corp holds 0.01% of its portfolio in IDEX Corporation (NYSE:IEX) for 141 shares. 28,380 were reported by Stevens Capital Management Ltd Partnership. 170 are held by Prentiss Smith & Incorporated. Blackrock Advsrs Ltd Liability Corp accumulated 130,702 shares. Fulton Natl Bank Na holds 4,257 shares or 0.03% of its portfolio. Pictet Asset Mgmt holds 902,943 shares or 0.3% of its portfolio. Credit Agricole S A owns 120,010 shares. 400 were accumulated by Fuller And Thaler Asset Management. Deutsche Financial Bank Ag invested in 407,775 shares. Catalyst Cap Advisors Ltd Liability Corporation owns 85,000 shares or 0.49% of their US portfolio. Fincl Architects holds 0.01% or 417 shares in its portfolio. Tiedemann Wealth Ltd Company holds 0.05% of its portfolio in IDEX Corporation (NYSE:IEX) for 5,628 shares. Td Asset invested in 0.02% or 159,500 shares.

Since May 16, 2017, it had 0 buys, and 1 sale for $1.34 million activity.

Wall Street await IDEX Corporation (NYSE:IEX) to release earnings on October, 16. Analysts forecast earnings per share of $1.06, up exactly $0.14 or 15.22 % from 2014’s $0.92 EPS. The expected IEX’s profit could reach $80.99M giving the stock 28.68 P/E in the case that $1.06 earnings per share is reported. After posting $1.08 EPS for the previous quarter, IDEX Corporation’s analysts now forecast -1.85 % negative EPS growth. The stock increased 0.64% or $0.77 on September 15, reaching $121.59. About 350,943 shares traded or 87.91% up from the average. IDEX Corporation (NYSE:IEX) has risen 30.97% since September 17, 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 31 analyst reports since September 29, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of IEX in report on Friday, July 14 with “Hold” rating. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, July 4. On Tuesday, June 21 the stock rating was initiated by Janney Capital with “Neutral”. BMO Capital Markets maintained it with “Hold” rating and $110.0 target in Wednesday, September 6 report. On Thursday, March 2 the stock rating was downgraded by Janney Capital to “Neutral”. BMO Capital Markets maintained IDEX Corporation (NYSE:IEX) on Monday, April 24 with “Hold” rating. The stock has “Hold” rating by Stifel Nicolaus on Friday, April 21. The firm has “Neutral” rating by SunTrust given on Tuesday, November 3. The rating was maintained by RBC Capital Markets on Wednesday, April 12 with “Hold”. Oppenheimer maintained IDEX Corporation (NYSE:IEX) on Tuesday, July 25 with “Hold” rating.

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 $9.29 billion. The Firm operates through three divisions: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST) and Fire & Safety/Diversified Products (FSDP). It has a 32.62 P/E ratio. With its divisions, as of December 31, 2016, the Company maintained 13 platforms, where it focused on growth and acquisitions.

More important recent IDEX Corporation (NYSE:IEX) news were published by: Law360.com which released: “IDEX Corp. Pays $380K To Worker It Fired Over Cancer” on April 19, 2017, also Seekingalpha.com published article titled: “IDEX Looks Like A High-Priced Recovery Play”, Seekingalpha.com published: “IDEX (IEX) Q2 2017 Results – Earnings Call Transcript” on July 26, 2017. More interesting news about IDEX Corporation (NYSE:IEX) was released by: Nasdaq.com and their article: “IDEX Corporation (IEX) Ex-Dividend Date Scheduled for July 12, 2017” with publication date: July 11, 2017.

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