IDEX: Beating Earnings, Battered Stock

IDEX Corporation, a $12 billion industrial giant, is facing a stock slump despite strong sales and earnings beats. Why has the stock plummeted over 30% in the past year, significantly underperforming the Nasdaq? We dive into disappointing full-year guidance and compare IDEX to outperformers like AMETEK to uncover what's driving investor caution and whether analysts' moderate buy rating signals a potential turnaround. Hosted on Acast. See acast.com/privacy for more information.