IDEX Corp

IEX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$932.00	Kzdyt	Sdffdfljl

Idex Raises Lower End of Full-Year Guidance After Strong First Quarter

Krzysztof Smalec

Apr 27, 2022

Narrow-moat-rated Idex delivered strong first-quarter results, with adjusted EPS increasing 21% year over year, from $1.62 to $1.96. We’ve raised our fair value estimate to $222 per share from $220, mostly due to time value of money. We see the shares as modestly undervalued, currently trading in 4-star territory.

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