IDEX traded at $193.44 this Monday March 9th, decreasing $4.46 or 2.25 percent since the previous trading session. Looking back, over the last four weeks, IDEX lost 9.85 percent. Over the last 12 months, its price rose by 3.87 percent. Looking ahead, we forecast IDEX to be priced at 191.92 by the end of this quarter and at 175.05 in one year, according to Trading Economics global macro models projections and analysts expectations.
IDEX Corporation (IDEX) operates an applied solutions business that sells pumps, flow meters and other fluidics systems, and components and engineered products. It segments includes Fluid & Metering Technologies (FMT), Health & Science Technologies (HST) and Fire & Safety/Diversified Products (FSDP). Its FMT segment provides flow monitoring and other services for the food, chemical, water and wastewater, agricultural and energy industries. The HST segment designs and distributes precision fluidics, rotary lobe pumps, roll compaction and drying systems. Its FSDP segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems; engineered stainless steel banding and clamping devices, and precision equipment. Its Fire & Safety platform provides Hurst Jaws of Life, which manufactures the rescue tools. It also designs and manufactures pumps for a variety of markets, including mining, marine, power, water, wastewater and other general industries.