IDEX (NYSE:IEX – Get Free Report) issued its quarterly earnings data on Tuesday. The industrial products company reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.01, Briefing.com reports. IDEX had a net margin of 18.19% and a return on equity of 16.87%. The business had revenue of $798.20 million for the quarter, compared to analyst estimates of $793.05 million. During the same period last year, the business posted $2.12 earnings per share. The firm’s quarterly revenue was up .6% on a year-over-year basis.
IDEX Stock Performance
Shares of IEX opened at $205.45 on Wednesday. The firm has a 50-day moving average of $206.17 and a 200-day moving average of $207.62. IDEX has a one year low of $183.76 and a one year high of $246.36. The company has a market cap of $15.55 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 2.20 and a beta of 0.95. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.41 and a quick ratio of 2.52.
IDEX Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 11th were given a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend was Friday, October 11th. IDEX’s dividend payout ratio (DPR) is presently 36.13%.
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About IDEX
IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries.
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