IEX vs. GGG, FLS, XYL, AVY, PKG, NDSN, CNHI, BALL, SWK, and ZBRA
Should you be buying IDEX stock or one of its competitors? The main competitors of IDEX include Graco (GGG), Flowserve (FLS), Xylem (XYL), Avery Dennison (AVY), Packaging Co. of America (PKG), Nordson (NDSN), CNH Industrial (CNHI), Ball (BALL), Stanley Black & Decker (SWK), and Zebra Technologies (ZBRA). These companies are all part of the "industrial products" sector.
IDEX (NYSE:IEX) and Graco (NYSE:GGG) are both large-cap industrial products companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, dividends, valuation, profitability, risk, community ranking, analyst recommendations, media sentiment and institutional ownership.
IDEX presently has a consensus target price of $241.67, indicating a potential upside of 9.52%. Graco has a consensus target price of $88.25, indicating a potential upside of 6.89%. Given IDEX's stronger consensus rating and higher probable upside, research analysts plainly believe IDEX is more favorable than Graco.
IDEX pays an annual dividend of $2.56 per share and has a dividend yield of 1.2%. Graco pays an annual dividend of $1.02 per share and has a dividend yield of 1.2%. IDEX pays out 33.7% of its earnings in the form of a dividend. Graco pays out 35.2% 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 received 74 more outperform votes than Graco when rated by MarketBeat users. However, 60.86% of users gave Graco an outperform vote while only 58.49% of users gave IDEX an outperform vote.
Graco has a net margin of 23.15% compared to IDEX's net margin of 17.89%. Graco's return on equity of 23.01% beat IDEX's return on equity.
In the previous week, IDEX had 17 more articles in the media than Graco. MarketBeat recorded 37 mentions for IDEX and 20 mentions for Graco. IDEX's average media sentiment score of 0.46 beat Graco's score of 0.14 indicating that IDEX is being referred to more favorably in the media.
IDEX has higher revenue and earnings than Graco. Graco is trading at a lower price-to-earnings ratio than IDEX, indicating that it is currently the more affordable of the two stocks.
98.0% of IDEX shares are owned by institutional investors. Comparatively, 93.9% of Graco shares are owned by institutional investors. 0.5% of IDEX shares are owned by insiders. Comparatively, 2.6% of Graco shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
IDEX has a beta of 0.97, meaning that its stock price is 3% less volatile than the S&P 500. Comparatively, Graco has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500.
Summary
IDEX beats Graco on 13 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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