The company earns a perfect Piotroski financial health score of 9 out of 9, has beaten consensus earnings estimates in each of the last four quarters, and carries strong price momentum with a golden-cross formation and rising volume accumulation; the principal constraint is that the share price has already exceeded its analyst consensus target, the reward-to-risk is negative at current levels, and a forward price-to-earnings multiple above 24x with a PEG of 1.90 leaves little room for valuation expansion.
Thesis pillars
- Pristine Financial Health Score→Stable
- Consistent Earnings Delivery→Stable
- Strong Technical Momentum Breakout→Stable
- +1 more pillar — see the Why tab for full reasoning
IDEX Corporation (IEX) Stock Analysis
Catalyst-Driven edge
Industrials · Specialty Industrial Machinery
Sell if holding. Analyst target reached at $223.82 — A.R:R is negative (-1.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (3.1% away).
IDEX designs and manufactures precision pumps, fluidics, valves, and engineered niche components through 50+ subsidiaries across three segments: HST (43% of 2025 net sales), FMT (35%), and FSDP (22%). The company sells to industrial, life sciences, water, fire, and energy... Read more
Sell if holding. Analyst target reached at $223.82 — A.R:R is negative (-1.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (3.1% away). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.3/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 25d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
About IDEX Corporation
About IDEX Corporation
IDEX Corporation's three operating segments — Health & Science Technologies, Fluid & Metering Technologies, and Fire & Safety/Diversified Products — contributed 43%, 35%, and 22% of net sales, respectively, in 2025, with sales split 51% domestic and 49% international across more than 20 countries including the United Kingdom, Germany, the Netherlands, Canada, Italy, China, and India. The company operates over 50 wholly-owned subsidiaries serving niche applied technology end markets including life sciences, semiconductor, water infrastructure, agriculture, and fire and rescue.
IDEX earns revenue by selling precision specialty components — fluidics, pumps, valves, sealing solutions, fire suppression equipment, and paint dispensing systems — to industrial OEM and end-use customers across fragmented niches where specialized engineering requirements create high switching costs. The HST segment serves life sciences, semiconductor, and optics customers with microfluidic systems, optical filters, and pneumatic components; FMT targets energy, agriculture, water utilities, and process industries with positive displacement pumps, flow meters, and metering systems; FSDP sells firefighting apparatus, rescue tools, and stainless-steel banding products to municipal and commercial markets. The company sells primarily through independent distributors, though Fire & Safety serves OEMs and public safety organizations directly. No single customer accounted for more than 3% of net sales in 2025, and substantially all raw materials are sourced from multiple independent suppliers. The short-cycle manufacturing model means backlog is not typically a significant factor, with lead times returning to normalized levels in 2025 after the post-pandemic elevation.
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Approximately 34% of IDEX's 2025 net sales were recorded by subsidiaries with functional currencies other than the U.S. dollar, creating translation risk when the dollar strengthens. The company also faces exposure to commodity pricing — including steel, aluminum, and copper used across pump and valve manufacturing — and tariff volatility affecting cross-border components. The 10-K discloses that changes in raw material prices or tariffs could materially affect results if pricing actions to customers cannot fully offset input cost inflation.
See also: Industrials · Specialty Industrial Machinery
From IDEX Corporation's most recent 10-K filing, extracted June 10, 2026.
Recent developments
updated 2026-07-06Recent Developments — IDEX Corporation
Latest news
- NEWS IDEX (IEX) Expected to Announce Earnings on Wednesday - MarketBeat — MarketBeat neutral
- NEWS May Business Update: IEX Reports 18.6% Growth In Electricity Traded Volume; DAM Volume Tops 4,400 Million Units - NDTV P — NDTV Profit positive
- NEWS IEX Reiterated by Oppenheimer -- Price Target Raised to $250 - GuruFocus — GuruFocus positive
- NEWS IEX Maintained by Citigroup -- Price Target Raised to $252 - GuruFocus — GuruFocus positive
- NEWS FAM Dividend Focus Fund's IDEX Corp(IEX) Holding History - GuruFocus — GuruFocus neutral
Generated 2026-07-06T04:40:27Z.
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Thesis
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Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $223.82 — A.R:R is negative (-1.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (3.1% away). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $212.55. Score 5.3/10, moderate confidence.
Take-profit target: $224.84 (+0.8% upside). Prior stop was $212.55. Stop-loss: $212.55.
Analyst target reached - limited upside remaining; Near 52-week high (3.1% away); Negative momentum.
IDEX Corporation trades at a P/E of 33.1 (forward 24.2). TrendMatrix value score: 4.3/10. Verdict: Sell.
20 analysts cover IEX with a consensus score of 3.9/5. Average price target: $238.
What does IDEX Corporation do?IDEX designs and manufactures precision pumps, fluidics, valves, and engineered niche components through 50+...
IDEX designs and manufactures precision pumps, fluidics, valves, and engineered niche components through 50+ subsidiaries across three segments: HST (43% of 2025 net sales), FMT (35%), and FSDP (22%). The company sells to industrial, life sciences, water, fire, and energy markets globally, with 51% domestic and 49% international sales in 2025; no customer exceeded 3% of net sales.