IEX vs. GGG, FLS, XYL, ZBRA, PKG, AVY, NDSN, AMCR, CNHI, and SWK
Should you be buying IDEX stock or one of its competitors? The main competitors of IDEX include Graco (GGG), Flowserve (FLS), Xylem (XYL), Zebra Technologies (ZBRA), Packaging Co. of America (PKG), Avery Dennison (AVY), Nordson (NDSN), Amcor (AMCR), CNH Industrial (CNHI), and Stanley Black & Decker (SWK). 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 better investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, valuation, risk, media sentiment, dividends, community ranking, profitability and analyst recommendations.
IDEX received 75 more outperform votes than Graco when rated by MarketBeat users. However, 60.86% of users gave Graco an outperform vote while only 58.40% 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.
98.0% of IDEX shares are held by institutional investors. Comparatively, 93.9% of Graco shares are held by institutional investors. 0.5% of IDEX shares are held by insiders. Comparatively, 2.6% of Graco shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
IDEX presently has a consensus target price of $250.71, indicating a potential upside of 12.77%. Graco has a consensus target price of $88.25, indicating a potential upside of 6.30%. Given IDEX's stronger consensus rating and higher probable upside, analysts plainly believe IDEX is more favorable than Graco.
In the previous week, IDEX and IDEX both had 17 articles in the media. Graco's average media sentiment score of 0.59 beat IDEX's score of 0.49 indicating that Graco is being referred to more favorably in the news 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.
IDEX pays an annual dividend of $2.76 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 36.3% 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 has a beta of 0.99, suggesting that its stock price is 1% less volatile than the S&P 500. Comparatively, Graco has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500.
Summary
IDEX beats Graco on 11 of the 19 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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