Workflow
safety
icon
Search documents
IDEX Earnings Preview: What to Expect
Yahoo Finance· 2025-10-17 06:45
Core Insights - IDEX Corporation is an applied solutions company with a market cap of $12.3 billion, specializing in fluid and metering technologies, health and science technologies, and fire and safety products, operating across the Americas, Europe, and the Indo-Pacific [1] Financial Performance - IDEX is set to release its Q3 results on October 29, with analysts expecting an adjusted profit of $1.93 per share, a 1.6% increase from $1.90 in the same quarter last year [2] - For fiscal 2025, analysts project an adjusted EPS of $7.89, remaining flat year-over-year, while fiscal 2026 earnings are expected to grow by 8.4% to $8.55 per share [3] Stock Performance - IEX stock has declined by 21.6% over the past 52 weeks, underperforming the Industrial Select Sector SPDR Fund's 8.9% gains and the S&P 500 Index's 13.5% returns during the same period [4] - Following the release of Q2 results on July 30, where IDEX reported record sales of $865.4 million (up 7.2% year-over-year) and an adjusted EPS of $2.07, the stock dropped 11.3% in a single trading session due to disappointing full-year guidance [5] Analyst Ratings - Analysts maintain a consensus "Moderate Buy" rating for IDEX, with 13 analysts covering the stock, including six "Strong Buys," one "Moderate Buy," and six "Holds," and a mean price target of $192.64 indicating a 16.7% upside potential from current levels [6]
Is IDEX Stock Underperforming the Nasdaq?
Yahoo Finance· 2025-09-22 07:50
Company Overview - IDEX Corporation (IEX) is an applied solutions company with a market cap of $12.1 billion, specializing in fluid and metering technologies, health and science technologies, and fire and safety products [1][2] Stock Performance - IDEX's stock has decreased by 32.4% from its 52-week high of $238.22 on November 6, 2024, and has dropped 8% over the past three months, underperforming the Nasdaq Composite's 15.8% increase during the same period [3] - Year-to-date, IDEX's stock has declined by 23.1%, and over the past 52 weeks, it has fallen by 23.5%, significantly lagging behind the Nasdaq's gains of 17.2% in 2025 and 25.6% over the past year [4] - The stock has consistently traded below its 200-day moving average since early February and mostly below its 50-day moving average since mid-December 2024, indicating bearish momentum [4] Financial Results - In Q2, IDEX reported net sales of $865.4 million, a 7.2% year-over-year increase, surpassing expectations by nearly 1%. The adjusted EPS was $2.07, exceeding consensus estimates by 3.5%. However, the company's full-year guidance did not meet market expectations, leading to an 11.3% drop in stock price following the earnings release [5] Peer Comparison - Compared to its peer AMETEK, Inc. (AME), IDEX's performance appears weaker, with AMETEK showing a 4.2% increase in 2025 and 9.1% gains over the past 52 weeks [6]
Wheels Up to Present at Bank of America Industrials, Transportation, and Airlines Key Leaders Conference 2025
Prnewswire· 2025-05-12 20:30
Company Overview - Wheels Up Experience Inc. is a leading provider of on-demand private aviation in the U.S. with a large and diverse fleet [3] - The company has a global network of safety-vetted charter operators committed to safety and service [3] - Wheels Up offers charter and membership programs along with commercial travel benefits through a strategic partnership with Delta Air Lines [3] Upcoming Event - The CEO of Wheels Up, George Mattson, will present at the Bank of America Industrials, Transportation, and Airlines Key Leaders Conference in New York on May 15, 2025, at 8:45 am ET [1] - The event will be webcast live and accessible via the Investor Relations website [1][2] Services Offered - In addition to private aviation, Wheels Up provides freight, safety, security, and managed services to various clients, including individuals and government organizations [3] - The Wheels Up app and website allow members to easily search, book, and fly [3]