IDEX Corp

IEX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$588.00	Qjfrq	Xzwkmsmdf

Idex Earnings: Solid Margins Considering Revenue Headwinds

Krzysztof Smalec

Oct 26, 2023

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.

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