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IEX

IDEX Corporation · NYSE · Industrials

Price$230.27-1.46% · −$3.42

Market cap16.98BEquity value

P / E28.1Trailing ratio

Volume464.56KLatest session

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IEXSep 9, 2024+1.04% since signal

IDEX Boosts Product Portfolio With the Acquisition of Mott

IEX acquired Mott Corporation for $1 billion to enhance market presence. The deal reflects 19x Mott's forecasted EBITDA for 2024. Acquisition supports IEX's strategy in micro-precision technologies. Combination with Mott's expertise boosts offerings in semiconductor and medical fields. Revenue growth potential amid challenges in life sciences and industrial markets.

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