IDEX Corp
IEX: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$833.00 | Rrhvz | Smtrqyfgvj |
Idex Earnings: Solid Margins Considering Revenue Headwinds
We’ve slightly trimmed our fair value estimate for narrow-moat-rated Idex to $215 from $217 following the firm’s third-quarter earnings release, driven by our slightly more muted near-term revenue growth projections, partially offset by time value of money.