What is Zacks Research's Forecast for IDEX Q1 Earnings?

IDEX Co. (NYSE:IEX - Free Report) - Equities research analysts at Zacks Research lowered their Q1 2026 EPS estimates for shares of IDEX in a research report issued to clients and investors on Friday, April 25th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings of $1.86 per share for the quarter, down from their prior estimate of $2.01. The consensus estimate for IDEX's current full-year earnings is $8.26 per share. Zacks Research also issued estimates for IDEX's Q2 2026 earnings at $2.27 EPS, Q3 2026 earnings at $2.23 EPS and FY2026 earnings at $8.67 EPS.

IEX has been the topic of a number of other research reports. Citigroup decreased their target price on shares of IDEX from $264.00 to $201.00 and set a "buy" rating on the stock in a report on Monday, April 14th. DA Davidson dropped their price objective on IDEX from $225.00 to $215.00 and set a "neutral" rating for the company in a research note on Wednesday, February 19th. Royal Bank of Canada decreased their target price on IDEX from $256.00 to $245.00 and set an "outperform" rating on the stock in a research note on Thursday, February 6th. Mizuho set a $175.00 price target on IDEX in a research report on Tuesday, April 22nd. Finally, Stifel Nicolaus upped their price objective on shares of IDEX from $192.00 to $208.00 and gave the stock a "buy" rating in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, IDEX presently has a consensus rating of "Moderate Buy" and a consensus target price of $219.13.

IDEX Price Performance

Shares of IEX traded up $4.65 during midday trading on Monday, hitting $179.90. 55,651 shares of the company traded hands, compared to its average volume of 570,719. The stock has a 50-day moving average of $177.65 and a 200-day moving average of $202.42. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.53 and a quick ratio of 1.85. IDEX has a one year low of $153.36 and a one year high of $238.22. The firm has a market cap of $13.59 billion, a P/E ratio of 27.05, a PEG ratio of 1.98 and a beta of 1.05.

IDEX (NYSE:IEX - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The industrial products company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.11. The company had revenue of $814.30 million during the quarter, compared to analysts' expectations of $807.25 million. IDEX had a return on equity of 16.08% and a net margin of 15.45%. The firm's quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.88 earnings per share.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IEX. Wellington Management Group LLP boosted its position in IDEX by 49.1% during the 4th quarter. Wellington Management Group LLP now owns 4,219,596 shares of the industrial products company's stock valued at $883,119,000 after buying an additional 1,388,667 shares during the period. Norges Bank bought a new stake in shares of IDEX in the fourth quarter worth about $217,658,000. Price T Rowe Associates Inc. MD increased its holdings in IDEX by 8.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,666,777 shares of the industrial products company's stock valued at $767,421,000 after purchasing an additional 277,964 shares during the period. Flossbach Von Storch SE bought a new position in IDEX during the 1st quarter valued at approximately $49,815,000. Finally, Allianz Asset Management GmbH grew its position in shares of IDEX by 133.2% in the 4th quarter. Allianz Asset Management GmbH now owns 406,637 shares of the industrial products company's stock worth $85,105,000 after buying an additional 232,255 shares during the last quarter. Institutional investors own 97.96% of the company's stock.

About IDEX

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.