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IEX

IDEX Corporation · NYSE · Industrials

Price$229.05+0.96% · +$2.17

Market cap16.89BEquity value

P / E27.9Trailing ratio

Volume770.98KLatest 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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