The firm believes that IDEX will come out from the downturn with an improved cost structure. According to the firm, a recovery is expected as the macro environment improves and capital spending continues to loosen.
Last edited Tue Jan 18, 2011 12:53 AM by SreelaBose (Zacks Investment Research)
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These firms are upbeat about the Company’s strong margin, free cash flow generating capacity and the job of mitigating the effects of the recession and believe that IDEX will come out from the downturn with an improved cost structure. The Company has an improving organic growth profile, which benefited from the deployment of the balance sheet. Further, the Company will experience recovery as the macro environment improves and capital spending continues to loosen up. Overall, they believe that IDEX will emerge from this downturn with an improved cost structure.
Last edited Tue Jan 18, 2011 12:44 AM by SreelaBose (Zacks Investment Research)
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