For its second fiscal quarter (ending June 30), IDEX Corp (NYSE: IEX) has reported E.P.S. of $1.86 compared to $1.83 a year ago. For the latest four quarters through June 30, E.P.S. were $7.65 versus $7.77 for the same period a year ago.
Recent Price Action
IDEX Corp (NYSE: IEX) stock rose slightly by 0.2% on 7/31/24. The stock closed at $208.48. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 2.2% during the last week.
Current PriceTarget Research Rating
IEX is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
IDEX has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. IDEX has a slightly negative Appreciation Score of 30 but a slightly positive Power Rating of 61, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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