International Paper CEO hire could signal asset sales ahead, Truist analyst says [Seeking Alpha]
IDEX Corporation (IEX)
Last idex corporation earnings: 4/23 04:02 pm
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Source: Seeking Alpha
Silvernail has served KKR as an executive adviser since 2022, and previously he was CEO of privately held investment company Madison Industries and of pumps, valves and fittings maker IDEX Corp.; he has also held executive positions at industrial equipment maker Rexnord Industries, consumer goods company Newell Rubbermaid, and medical and diagnostics products maker Danaher. "As an external hire, Mr. Silvernail can provide a fresh perspective and new ideas for operating improvements," and could be a sign that asset sales are next , Truist analyst Micheal Roxland and Niccolo Piccini write in an upbeat review. "Given Mr. Silvernail's background, we believe portfolio rationalization actions could be evaluated, potentially including pursuing strategic alternatives for IP's Global Cellulose Fibers business," the analysts say. Recommended For You More Trending News Recommended For You More Trending News About IP Stock Related Stocks Trending Analysis Trending News
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News
- IDEX Corporation (NYSE:IEX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- IDEX Co. (NYSE: IEX) had its price target lowered by analysts at Robert W. Baird from $260.00 to $256.00. They now have an "outperform" rating on the stock.MarketBeat
- IDEX (IEX) Q1 Earnings Surpass Estimates, Revenues Down Y/Y [Yahoo! Finance]Yahoo! Finance
- IDEX Co. (NYSE: IEX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Idex (IEX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
IEX
Earnings
- 4/23/24 - Beat
IEX
Sec Filings
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/5/24 - Form PX14A6G
- IEX's page on the SEC website