Docoh
Loading...

IEX Idex

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
CEO
Andrew Silvernail
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
363555336

IEX stock data

(
)

Calendar

28 Jul 21
31 Jul 21
31 Dec 21
Quarter (USD)
Jun 21 Mar 21 Dec 20 Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Idex earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 714.38M 714.38M 714.38M 714.38M 714.38M 714.38M
Cash burn (monthly) 81.25M 2.66M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 82.25M 2.7M n/a n/a n/a n/a
Cash remaining 632.13M 711.68M n/a n/a n/a n/a
Runway (months of cash) 7.8 267.1 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
25 May 21 Cade Denise R COMMON STOCK Sell Dispose S No No 221.0906 2,823 624.14K 7,732
25 May 21 Cade Denise R COMMON STOCK Option exercise Aquire M No No 173.35 2,823 489.37K 10,555
25 May 21 Cade Denise R COMMON STOCK Sell Dispose S No No 221.0906 6,435 1.42M 7,732
25 May 21 Cade Denise R COMMON STOCK Option exercise Aquire M No No 144.85 6,435 932.11K 14,167
25 May 21 Cade Denise R COMMON STOCK Sell Dispose S No No 221.0906 8,375 1.85M 7,732
25 May 21 Cade Denise R COMMON STOCK Option exercise Aquire M No No 138.12 8,375 1.16M 16,107
25 May 21 Cade Denise R Options Common Stock Option exercise Dispose M No No 173.35 2,823 489.37K 29,516
25 May 21 Cade Denise R Options Common Stock Option exercise Dispose M No No 144.85 6,435 932.11K 32,339
25 May 21 Cade Denise R Options Common Stock Option exercise Dispose M No No 138.12 8,375 1.16M 38,774
12 May 21 Beck Mark A COMMON STOCK Grant Aquire A No No 0 665 0 3,715

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

95.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 508 526 -3.4%
Opened positions 47 82 -42.7%
Closed positions 65 32 +103.1%
Increased positions 199 178 +11.8%
Reduced positions 176 176
13F shares
Current Prev Q Change
Total value 15.15B 14.43B +5.0%
Total shares 72.49M 72.56M -0.1%
Total puts 75.8K 78.2K -3.1%
Total calls 58.5K 58.7K -0.3%
Total put/call ratio 1.3 1.3 -2.7%
Largest owners
Shares Value Change
Vanguard 8.51M $1.78B +0.9%
BLK Blackrock 5.88M $1.23B -1.2%
TROW T. Rowe Price 5.42M $1.13B -1.8%
Wellington Management 3.23M $675.23M +1.8%
STT State Street 3.15M $659.79M +0.0%
IPXAF Impax Asset Management 2.76M $577.8M +12.0%
Brown Advisory 2.07M $434.03M +728.2%
Capital World Investors 1.8M $376.86M -11.6%
IVZ Invesco 1.69M $352.75M +6.7%
Atlanta Capital Management Co L L C 1.61M $337.14M -9.2%
Largest transactions
Shares Bought/sold Change
Brown Advisory 2.07M +1.82M +728.2%
Norges Bank 0 -718.82K EXIT
FMR 1.18M -625.75K -34.6%
Bessemer 1.68K -395.51K -99.6%
AMP Ameriprise Financial 197.35K -343.55K -63.5%
IPXAF Impax Asset Management 2.76M +296.62K +12.0%
Capital World Investors 1.8M -236.5K -11.6%
Clearbridge Advisors 322.2K -230.87K -41.7%
Mirae Asset Global Investments 209.93K +205.5K +4634.6%
Echo Street Capital Management 480.54K +184.75K +62.5%

Financial report summary

?
Competition
Ii-ViSPX FLOW
Management Discussion
  • Sales in the second quarter of 2021 were $685.9 million, which was a 22% increase compared to the same period in 2020. This reflects a 17% increase in organic sales, a 4% favorable impact from foreign currency translation and a 1% increase from acquisitions (ABEL - March 2021 and Flow MD - February 2020) partially offset by divestitures (CiDRA Precision Services - March 2021). Sales to customers outside the U.S. represented approximately 54% of total sales in the second quarter of 2021 compared to 48% during the same period in 2020.
  • Gross profit of $306.1 million in the second quarter of 2021 increased $71.3 million, or 30%, compared to the same period in 2020 and gross margin of 44.6% in the second quarter of 2021 increased 280 basis points from 41.8% during the same period in 2020 as a result of higher volume and price capture, partially offset by inflation and supply chain constraints.
  • Selling, general and administrative expenses increased to $144.7 million in the second quarter of 2021 from $120.4 million during the same period in 2020. The increase is primarily due to higher fixed and variable compensation expenses and higher amortization due to acceleration of certain trade names. Corporate costs increased to $23.3 million in the second quarter of 2021 from $17.0 million during the same period in 2020 primarily as a result of a charge related to recording a contingent reserve for a Corporate transaction indemnity as well as higher professional fees related to acquisitions and a strategy project. As a percentage of sales, selling, general and administrative expenses were 21.1% for the second quarter of 2021, down 30 basis points compared to 21.4% during the same period in 2020.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: asserted, Black, Brazil, called, capture, combination, compressor, earlier, earliest, eligible, emergence, Europe, extension, Fargo, FDII, indemnity, leaseback, likelihood, membership, noncash, packaging, Pnuematic, post, pressure, prevailing, previously, professional, promissory, renamed, reorganization, reserve, Shenzhen, smart, team, unrealized, variant, Werneck
Removed: adversely, agricultural, assure, cleaning, close, continued, continuity, distribution, environment, external, fight, governing, implemented, issue, OEM, realized, remained, tight