Investors hope IDEX
What analysts say:
- Buy, sell, or hold?: Analysts strongly back IDEX, with nine of 12 rating it a buy and the remainder rating it a hold. Analysts like IDEX better than competitor Graco overall. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $467.8 million in revenue this quarter. That would represent a rise of 25.2% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.62 per share. Estimates range from $0.60 to $0.63.
What our community says:
CAPS All-Stars are solidly behind the stock with 100% giving it an outperform rating. The community at large backs the All-Stars with 94.8% awarding it a rating of outperform. Fools are bullish on IDEX, though the message boards have been quiet lately with only 26 posts in the past 30 days. Even with a robust four out of five stars, IDEX's CAPS rating falls a little short of the community's upbeat outlook.
IDEX's profit has risen year over year by an average of 27.5% over the past five quarters.
One final thing: If you want to keep tabs on IDEX movements, and for more analysis on the company, make sure you add it to your watchlist.
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