IDEX Corp

IEX: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$532.00JmhLzmscwnxrc

Idex Delivers Strong Q2 Results and Raises Full-Year EPS Guidance

We are maintaining our $222 fair value estimate for narrow-moat-rated Idex as nothing in its second-quarter results fundamentally alters our long-term outlook for the firm. Idex maintained its strong momentum in the second quarter, delivering a 15% year-over-year increase in adjusted EPS, from $1.75 to $2.02.

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