IDEX Corp. (IEX) to Release Earnings on Thursday

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IDEX Corp. (NYSE:IEX) is set to post its quarterly earnings results on Thursday, January 30th. Parties that wish to listen to the company’s conference call can do so using this link.

IDEX Corp. (NYSE:IEX) opened at 69.52 on Wednesday. IDEX Corp. has a one year low of $48.02 and a one year high of $74.53. The stock has a 50-day moving average of $72.3 and a 200-day moving average of $66.55. The company has a market cap of $5.639 billion and a P/E ratio of 83.51.

On the ratings front, analysts at Cowen and Company initiated coverage on shares of IDEX Corp. in a research note to investors on Tuesday, November 19th. They set a “market perform” rating and a $68.00 price target on the stock. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $62.60.

In other IDEX Corp. news, Director Michael Tokarz sold 2,586 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $73.72, for a total transaction of $190,639.92. Following the sale, the director now directly owns 333,031 shares of the company’s stock, valued at approximately $24,551,045. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

IDEX Corporation (NYSE:IEX) is an applied solutions business that sells an array of pumps, flow meters and other fluidics systems and components and engineered products to customers in a variety of markets worldwide.

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