IEX vs. IR, XYL, DOV, SNA, GGG, PNR, NDSN, SWK, LECO, and ITT
Should you be buying IDEX stock or one of its competitors? The main competitors of IDEX include Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), Snap-on (SNA), Graco (GGG), Pentair (PNR), Nordson (NDSN), Stanley Black & Decker (SWK), Lincoln Electric (LECO), and ITT (ITT). These companies are all part of the "industrial machinery" industry.
IDEX (NYSE:IEX) and Ingersoll Rand (NYSE:IR) are both large-cap industrial products companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, risk, profitability, media sentiment, community ranking, institutional ownership and earnings.
IDEX has a net margin of 17.89% compared to Ingersoll Rand's net margin of 11.85%. IDEX's return on equity of 17.60% beat Ingersoll Rand's return on equity.
IDEX has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, Ingersoll Rand has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.
Ingersoll Rand has higher revenue and earnings than IDEX. IDEX is trading at a lower price-to-earnings ratio than Ingersoll Rand, indicating that it is currently the more affordable of the two stocks.
IDEX pays an annual dividend of $2.76 per share and has a dividend yield of 1.3%. Ingersoll Rand pays an annual dividend of $0.08 per share and has a dividend yield of 0.1%. IDEX pays out 36.3% of its earnings in the form of a dividend. Ingersoll Rand pays out 4.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Ingersoll Rand received 254 more outperform votes than IDEX when rated by MarketBeat users. Likewise, 61.41% of users gave Ingersoll Rand an outperform vote while only 58.40% of users gave IDEX an outperform vote.
IDEX presently has a consensus price target of $250.71, indicating a potential upside of 20.17%. Ingersoll Rand has a consensus price target of $95.82, indicating a potential upside of 2.97%. Given IDEX's stronger consensus rating and higher possible upside, analysts clearly believe IDEX is more favorable than Ingersoll Rand.
98.0% of IDEX shares are owned by institutional investors. Comparatively, 95.3% of Ingersoll Rand shares are owned by institutional investors. 0.5% of IDEX shares are owned by company insiders. Comparatively, 0.7% of Ingersoll Rand shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
In the previous week, IDEX had 3 more articles in the media than Ingersoll Rand. MarketBeat recorded 11 mentions for IDEX and 8 mentions for Ingersoll Rand. IDEX's average media sentiment score of 1.34 beat Ingersoll Rand's score of 1.15 indicating that IDEX is being referred to more favorably in the media.
Summary
IDEX and Ingersoll Rand tied by winning 10 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding IEX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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