Zacks Research Research Analysts Lift Earnings Estimates for IDEX Co. (NYSE:IEX)

IDEX Co. (NYSE:IEXFree Report) – Equities research analysts at Zacks Research upped their FY2025 earnings per share estimates for shares of IDEX in a research report issued on Monday, May 27th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $9.07 for the year, up from their prior estimate of $9.06. The consensus estimate for IDEX’s current full-year earnings is $8.31 per share. Zacks Research also issued estimates for IDEX’s Q1 2026 earnings at $2.40 EPS.

A number of other equities research analysts also recently commented on the company. Stifel Nicolaus upgraded IDEX from a “hold” rating to a “buy” rating and increased their price objective for the company from $215.00 to $265.00 in a research report on Thursday, February 8th. Oppenheimer upped their price objective on shares of IDEX from $245.00 to $252.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. Robert W. Baird dropped their target price on shares of IDEX from $260.00 to $256.00 and set an “outperform” rating on the stock in a research report on Thursday, April 25th. Citigroup upped their price target on shares of IDEX from $254.00 to $277.00 and gave the company a “buy” rating in a research report on Monday, April 8th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $255.00 price objective on shares of IDEX in a research report on Thursday, March 21st. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, IDEX has a consensus rating of “Moderate Buy” and a consensus target price of $250.71.

Get Our Latest Report on IDEX

IDEX Stock Down 1.1 %

IEX stock opened at $205.13 on Thursday. The firm has a market cap of $15.53 billion, a PE ratio of 26.99, a P/E/G ratio of 2.12 and a beta of 0.99. IDEX has a 12 month low of $183.76 and a 12 month high of $246.36. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.37 and a quick ratio of 2.45. The firm has a 50 day simple moving average of $227.57 and a 200 day simple moving average of $220.68.

IDEX (NYSE:IEXGet Free Report) last announced its earnings results on Tuesday, April 23rd. The industrial products company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.12. IDEX had a return on equity of 17.60% and a net margin of 17.89%. The business had revenue of $801.00 million during the quarter, compared to analysts’ expectations of $807.52 million. During the same quarter last year, the business posted $2.09 earnings per share. The company’s quarterly revenue was down 5.3% on a year-over-year basis.

IDEX Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 17th will be paid a $0.69 dividend. This represents a $2.76 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Thursday, May 16th. This is a positive change from IDEX’s previous quarterly dividend of $0.64. IDEX’s dividend payout ratio is currently 36.32%.

Institutional Investors Weigh In On IDEX

A number of institutional investors have recently modified their holdings of the stock. Albert D Mason Inc. increased its stake in shares of IDEX by 1.0% in the first quarter. Albert D Mason Inc. now owns 4,509 shares of the industrial products company’s stock worth $1,100,000 after acquiring an additional 45 shares during the last quarter. Czech National Bank increased its position in IDEX by 0.5% in the 1st quarter. Czech National Bank now owns 13,306 shares of the industrial products company’s stock worth $3,247,000 after purchasing an additional 61 shares during the last quarter. DB Fitzpatrick & Co Inc raised its stake in shares of IDEX by 2.4% during the 4th quarter. DB Fitzpatrick & Co Inc now owns 2,833 shares of the industrial products company’s stock worth $615,000 after purchasing an additional 67 shares in the last quarter. Greenleaf Trust lifted its holdings in shares of IDEX by 6.7% during the 1st quarter. Greenleaf Trust now owns 1,120 shares of the industrial products company’s stock valued at $273,000 after buying an additional 70 shares during the last quarter. Finally, Desjardins Global Asset Management Inc. increased its holdings in IDEX by 25.6% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 388 shares of the industrial products company’s stock worth $84,000 after buying an additional 79 shares during the last quarter. Institutional investors and hedge funds own 97.96% of the company’s stock.

IDEX Company Profile

(Get Free Report)

IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries.

See Also

Earnings History and Estimates for IDEX (NYSE:IEX)

Receive News & Ratings for IDEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDEX and related companies with MarketBeat.com's FREE daily email newsletter.