IDEX Corporation (IEX)
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-09-04
$223.74+0.29%
Close 2026-09-04 · 1-day change
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-09-04
Intact: The reason to own it still holds.
IDEX grows revenue about 3% to 4% yearly. It raised full-year EPS guidance to $8.35-$8.55. The company has beaten EPS estimates recently by 13% and 3%. It buys back shares, supporting shareholder returns.
Revenue growth is soft and volatile, with recent declines in some quarters. Net income fell slightly in late 2025. The sector faces headwinds that could pressure margins and growth.
The price is about 11% above our fair value near $201, reflecting roughly 5% revenue growth. Our fair value is 20% below the Street median, so the market partly prices in stronger growth than we expect.
Breaks if: EPS misses in more than 1 quarter out of 4
Breaks if: EPS guidance falls below $8.35 for FY26
Breaks if: Organic sales growth falls below 3% YoY in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
IEX represents a durable compounder in the industrials sector. The current thesis is intact, supported by recent financial performance and management's focus on growth.
The market seems to have a neutral view on IEX's valuation, with a slight premium compared to peers. Expectations appear aligned with recent guidance and performance, indicating that the current price reflects a justified outlook.
Fundamentals are likely to show continued organic sales growth, as management has consistently prioritized this area. The company has also raised its earnings guidance, suggesting a positive trajectory, though risks remain due to potential sector headwinds.
The thesis hinges on the performance of sector bellwethers like GEV, PH, and TT. If these companies continue to perform well, it could support IEX's growth. Conversely, any negative guidance from these peers could impact IEX's momentum.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this improved outlook. There are no new threats impacting the thesis.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: No buyback authorization or buyback program halted
Overall, IEX is positioned well in its sector, but its future performance will depend on broader industrial trends. Not investment advice.