In the past week, IEX stock has gone down by -9.19%, with a monthly decline of -3.99% and a quarterly plunge of -8.00%. The volatility ratio for the week is 1.67%, and the volatility levels for the last 30 days are 1.79% for Idex Corporation The simple moving average for the last 20 days is -8.04% for IEX stock, with a simple moving average of -6.06% for the last 200 days.
Is It Worth Investing in Idex Corporation (NYSE: IEX) Right Now?
Idex Corporation (NYSE: IEX) has a price-to-earnings ratio of 30.75x that is above its average ratio. Additionally, the 36-month beta value for IEX is 0.96. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for IEX is 75.55M and currently, short sellers hold a 1.55% ratio of that float. The average trading volume of IEX on February 05, 2025 was 531.54K shares.
IEX) stock’s latest price update
The stock of Idex Corporation (NYSE: IEX) has decreased by -9.10 when compared to last closing price of 218.65. Despite this, the company has experienced a -9.19% fall in its stock price over the last five trading sessions. zacks.com reported 2025-02-04 that While the top- and bottom-line numbers for Idex (IEX) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Analysts’ Opinion of IEX
Stifel, on the other hand, stated in their research note that they expect to see IEX reach a price target of $265, previously predicting the price at $215. The rating they have provided for IEX stocks is “Buy” according to the report published on February 08th, 2024.
Exane BNP Paribas gave a rating of “Neutral” to IEX, setting the target price at $200 in the report published on October 05th of the previous year.
IEX Trading at -9.35% from the 50-Day Moving Average
After a stumble in the market that brought IEX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.32% of loss for the given period.
Volatility was left at 1.79%, however, over the last 30 days, the volatility rate increased by 1.67%, as shares sank -4.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.69% lower at present.
During the last 5 trading sessions, IEX fell by -8.96%, which changed the moving average for the period of 200-days by -11.87% in comparison to the 20-day moving average, which settled at $216.16. In addition, Idex Corporation saw -5.03% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for IEX
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.44 for the gross margin
The net margin for Idex Corporation stands at 0.15. The total capital return value is set at 0.11. Equity return is now at value 13.61, with 7.76 for asset returns.
Based on Idex Corporation (IEX), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 6.63. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 15.36.
Currently, EBITDA for the company is 677.2 million with net debt to EBITDA at -0.65. When we switch over and look at the enterprise to sales, we see a ratio of 4.42. The receivables turnover for the company is 7.02for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.97.
Conclusion
In conclusion, Idex Corporation (IEX) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
