IDEX is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you're driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It's likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team. Founded in 1988 with three small, entrepreneurial manufacturing companies, IDEX is proud to say that IDEX now call 40 diverse businesses around the world part of the IDEX family. With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global $2+ billion company committed to making trusted solutions that improve lives.

Company profile
Ticker
IEX
Exchange
Website
CEO
Andrew Silvernail
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Flow Management Devices, LLC • ADS Environmental Services Pty Limited • Fast and Fluid Management Australia • IDEX Holdings GmbH • iPEK Spezial TV GmbH • BarbIDEX International SRL • Toptech Systems NV • IDEX do Brasil Servicos e Vendas Ltda. • ADS Environmental Technologies Inc. • Fluid Management Canada Inc. ...
IRS number
363555336
IEX stock data
News

7 Analysts Have This to Say About IDEX
1 Aug 22
Mizuho Maintains Neutral on IDEX, Raises Price Target to $205
1 Aug 22
RBC Capital Maintains Outperform on IDEX, Raises Price Target to $219
28 Jul 22
IDEX Q2 Adj. EPS $2.02 Beats $1.89 Estimate, Sales $796.00M Beat $764.97M Estimate
26 Jul 22
Earnings Scheduled For July 26, 2022
26 Jul 22
Analyst ratings and price targets
Current price
Average target
$208.67
Low target
$188.00
High target
$225.00
Mizuho
Maintains
$205.00
RBC Capital
Maintains
$219.00
Loop Capital
Maintains
$200.00
Stifel
Downgraded
$188.00
Oppenheimer
Upgraded
$215.00
Morgan Stanley
Maintains
$225.00
Calendar
27 Jul 22
9 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 557.8M | 557.8M | 557.8M | 557.8M | 557.8M | 557.8M |
Cash burn (monthly) | 58.47M | 13.05M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 78.39M | 17.5M | n/a | n/a | n/a | n/a |
Cash remaining | 479.41M | 540.3M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 8.2 | 41.4 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Jun 22 | Alejandro Quiroz | COMMON STOCK | Grant | Acquire A | No | No | 179.66 | 815 | 146.42K | 815 |
6 May 22 | Beck Mark A | COMMON STOCK | Grant | Acquire A | No | No | 0 | 825 | 0 | 4,540 |
6 May 22 | Buthman Mark A | COMMON STOCK | Grant | Acquire A | No | No | 0 | 825 | 0 | 6,810 |
6 May 22 | Christenson Carl R | COMMON STOCK | Grant | Acquire A | No | No | 0 | 825 | 0 | 3,341 |
Institutional ownership, Q1 2022
35.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 550 |
Opened positions | 56 |
Closed positions | 68 |
Increased positions | 225 |
Reduced positions | 176 |
13F shares | Current |
---|---|
Total value | 13.91B |
Total shares | 72.59M |
Total puts | 45.5K |
Total calls | 22.1K |
Total put/call ratio | 2.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 8.8M | $1.69B |
BLK Blackrock | 6.06M | $1.16B |
TROW T. Rowe Price | 3.51M | $673.05M |
Wellington Management | 3.11M | $595.66M |
STT State Street | 3.09M | $593.17M |
Brown Advisory | 2.56M | $490.72M |
IPXAF Impax Asset Management | 2.39M | $459.04M |
Alliancebernstein | 2.27M | $435.56M |
Atlanta Capital Management Co L L C | 1.48M | $284.61M |
Pictet Asset Management | 1.46M | $279.14M |
Financial report summary
?Management Discussion
- Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
- This discussion also includes certain non-GAAP financial measures that have been defined and reconciled to their most directly comparable U.S. GAAP measures later in this Item under the headings “Non-GAAP Disclosures” and “Free Cash Flow.” This discussion also includes Operating working capital, which has been defined later in this Item under the heading “Cash Flow Summary.” The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures prepared in accordance with U.S. GAAP. The financial results prepared in accordance with U.S. GAAP and the reconciliations from these results should be carefully evaluated.
- IDEX is an applied solutions company specializing in the manufacture of fluid and metering technologies, health and science technologies and fire, safety and other diversified products built to customers’ specifications. IDEX’s products are sold in niche markets across a wide range of industries throughout the world. Accordingly, IDEX’s businesses are affected by levels of industrial activity and economic conditions in the U.S. and in other countries where it does business and by the relationship of the U.S. dollar to other currencies. Levels of capacity utilization and capital spending in certain industries and overall industrial activity are important factors that influence the demand for IDEX’s products.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
affiliated, aviation, billion, climate, ESG, fluctuation, fuel, intent, July, liquefied, petroleum, social
Removed:
April, automotive, consolidation, customary, development, duration, entered, Gast, municipal, renamed, saving, slightly
Financial reports
Current reports
8-K
Idex Reports Strong Second Quarter Results
27 Jul 22
8-K
IDEX Corporation Announces Appointment of Alejandro Quiroz Centeno to Board of Directors
16 Jun 22
8-K
Departure of Directors or Certain Officers
9 May 22
8-K
Idex Reports Record First Quarter Results
27 Apr 22
8-K
IDEX Corporation Announces Appointment of Paris Watts-Stanfield to Board of Directors
28 Feb 22
8-K
Departure of Directors or Certain Officers
8 Feb 22
8-K
Idex Reports Fourth Quarter and Full Year 2021 Results
2 Feb 22
8-K
Idex Reports Record Third Quarter Results
27 Oct 21
8-K
Departure of Directors or Certain Officers
26 Aug 21
8-K
Idex Reports Second Quarter Results; Raises Full Year Guidance
28 Jul 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
18 May 21
FWP
Free writing prospectus
17 May 21
424B5
Prospectus supplement for primary offering
17 May 21
424B5
Prospectus supplement for primary offering
28 Apr 20
FWP
Free writing prospectus
27 Apr 20
424B5
Prospectus supplement for primary offering
27 Apr 20
S-3ASR
Automatic shelf registration
27 Apr 20
25
Voluntary exchange delisting
8 Nov 17
S-8
Registration of securities for employees
28 Jul 15
424B2
Prospectus for primary offering
8 Dec 11
Proxies
DEFA14A
Additional proxy soliciting materials
23 Mar 22
DEFA14A
Additional proxy soliciting materials
23 Mar 21
DEFA14A
Additional proxy soliciting materials
9 Apr 20
DEFA14A
Additional proxy soliciting materials
20 Mar 20
DEFA14A
Additional proxy soliciting materials
22 Mar 19
DEF 14A
Definitive proxy
15 Mar 18
Other
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
30 May 17
UPLOAD
Letter from SEC
28 Jul 16
CORRESP
Correspondence with SEC
12 Jul 16
UPLOAD
Letter from SEC
28 Jun 16
SD
Conflict minerals disclosure
30 May 16
Ownership
4
IDEX / Alejandro Quiroz ownership change
16 Jun 22
3
IDEX / Alejandro Quiroz ownership change
16 Jun 22
4
IDEX / Stanfield Paris Watts ownership change
10 May 22
4
IDEX / LIVINGSTON SATTERTHWAITE ownership change
10 May 22
4
IDEX / David C Parry ownership change
10 May 22
4
IDEX / Katrina L Helmkamp ownership change
10 May 22
4
IDEX / Lakecia N Gunter ownership change
10 May 22
4
IDEX / WILLIAM M COOK ownership change
10 May 22
4
IDEX / Carl R Christenson ownership change
10 May 22
4
IDEX / MARK A BUTHMAN ownership change
10 May 22
Patents
Utility
Backflow preventer and system separator especially for fire-fighting applications
2 Aug 22
There is provided a system separator having a backflow preventer including a housing enclosing a main flow conduit, a valve seat inside the housing on the main flow conduit, and a valve body movable relative to the valve seat to close off the main flow conduit together with the valve seat in a closed position and to release the main flow conduit in an open position.
Utility
Laser systems and optical devices for laser beam shaping
5 Jul 22
Various claims of a multi-laser system are disclosed.
Utility
Reagent reservoir for fluids
21 Jun 22
A reagent reservoir for fluids, including a storage chamber connected to a duct for conducting fluid out of, into and/or through the storage chamber.
Utility
Reagent reservoir for fluids
21 Jun 22
A reagent reservoir for fluids, including a storage chamber connected to a duct for conducting fluid out of, into and/or through the storage chamber.
Utility
High pressure valve with multi-piece stator assembly
7 Jun 22
A valve for use with liquid chromatography or other analytical systems may include a separate and removable stator plate.
Transcripts
2022 Q2
Earnings call transcript
27 Jul 22
2022 Q1
Earnings call transcript
27 Apr 22
2021 Q4
Earnings call transcript
2 Feb 22
2021 Q3
Earnings call transcript
27 Oct 21
2021 Q2
Earnings call transcript
28 Jul 21
2021 Q1
Earnings call transcript
28 Apr 21
2020 Q4
Earnings call transcript
4 Feb 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
24 Jul 20
2020 Q1
Earnings call transcript
24 Apr 20
Reddit threads
NICE. LMAO
8 Aug 22
$BBBY same old short friends…
6 Aug 22
$HKD is foreshadowing what to cum
3 Aug 22
“The newest WSB meme stock” Do…..Do they think we still have money?! 😂
3 Aug 22
Fidelity Failing to Update Basic Pricing Data Properly?
2 Aug 22
😮$3.4 Billion rate of Failures-to-Deliver yearly for this innocent corporation alone 😮 About a third of this corporation's current market capitalization is being short-sold annually with counterfeit shares)
29 Jul 22
Massive crash imminent. SPY to 5.
29 Jul 22
The court officially acknowledges the existence of latency arbitrage
29 Jul 22
Citadel Securities Loses Court Bid to Block IEX Order Type
29 Jul 22
Citadel Securities Loses Court Bid to Block IEX Order Type (1)
29 Jul 22