Stock To Watch: IDEX Corporation (NYSE:IEX)


The leading market experts have placed a mean price target of $83.80 on IDEX Corporation (NYSE:IEX) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.95 a share for the upcoming quarter and $3.74 for the current fiscal. Technical View The technical analysis of IDEX Corporation Common Stock plainly substantiates that the 50-day moving average of IDEX Corporation Common Stock is $83.77, and stock is hovering -1.62 or -1.93% distant from $83.77. It is noted that the 200-day MA is $78.95, and IDEX Corporation Common Stock stock is $3.20 or +4.05% off from this point. IDEX Corporation (NYSE:IEX) 52-week high is $87.18 and the 52-week low is $66.88. This explains if the stock moves $-5.03, it will post a 52-week high. In event of $+22.83% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of IDEX Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, IDEX Corporation (NYSE:IEX) ratio came in at 22.38. The stock last ended the trading session at $82.15 and registered a market cap of $6.24B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. IDEX Corporation (NYSE:IEX) PEG ratio is at 143.53.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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