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.
Ingersoll Rand (NYSE:IR) and IDEX (NYSE:IEX) are both large-cap industrial products companies, but which is the better investment? We will contrast the two companies based on the strength of their community ranking, institutional ownership, dividends, earnings, risk, analyst recommendations, valuation, profitability and media sentiment.
Ingersoll Rand pays an annual dividend of $0.08 per share and has a dividend yield of 0.1%. IDEX pays an annual dividend of $2.76 per share and has a dividend yield of 1.3%. Ingersoll Rand pays out 4.0% of its earnings in the form of a dividend. IDEX pays out 36.3% 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. IDEX has raised its dividend for 14 consecutive years. IDEX is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
95.3% of Ingersoll Rand shares are held by institutional investors. Comparatively, 98.0% of IDEX shares are held by institutional investors. 0.7% of Ingersoll Rand shares are held by insiders. Comparatively, 0.5% of IDEX shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
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.
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.
Ingersoll Rand presently has a consensus target price of $95.82, indicating a potential upside of 2.97%. IDEX has a consensus target price of $250.71, indicating a potential upside of 20.17%. Given Ingersoll Rand's stronger consensus rating and higher possible upside, analysts plainly believe IDEX is more favorable than Ingersoll Rand.
In the previous week, IDEX had 3 more articles in the media than Ingersoll Rand. MarketBeat recorded 10 mentions for IDEX and 7 mentions for Ingersoll Rand. Ingersoll Rand's average media sentiment score of 1.34 beat IDEX's score of 1.17 indicating that IDEX is being referred to more favorably in the news media.
IDEX has a net margin of 17.89% compared to IDEX's net margin of 11.85%. Ingersoll Rand's return on equity of 17.60% beat IDEX's return on equity.
Ingersoll Rand has a beta of 1.4, indicating that its share price is 40% more volatile than the S&P 500. Comparatively, IDEX has a beta of 0.99, indicating that its share price is 1% less volatile than the S&P 500.
Summary
IDEX beats Ingersoll Rand on 11 of the 21 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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