Brokers Offer Predictions for IDEX's Q1 Earnings (NYSE:IEX)

Key Points

• Zacks Research has raised its Q1 2027 earnings per share estimate for IDEX to $2.17, slightly above the previous forecast of $2.16, contributing to a full-year consensus estimate of $8.26 per share.
• IDEX has declared a quarterly dividend of $0.71 per share, representing an annualized dividend of $2.84, with a yield of 1.8% and a payout ratio of 45.88%.
• A stock repurchase program has been initiated, allowing IDEX to repurchase up to $1.00 billion of its shares, indicating management's belief that the stock is undervalued.

IDEX Corporation (NYSE:IEX - Free Report) - Research analysts at Zacks Research increased their Q1 2027 earnings per share estimates for IDEX in a report issued on Monday, September 22nd. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $2.17 for the quarter, up from their previous forecast of $2.16. The consensus estimate for IDEX's current full-year earnings is $8.26 per share.

IDEX (NYSE:IEX - Get Free Report) last announced its earnings results on Wednesday, July 30th. The industrial products company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.07. IDEX had a return on equity of 15.16% and a net margin of 14.05%.The business had revenue of $865.40 million during the quarter, compared to analysts' expectations of $858.59 million. During the same quarter last year, the business posted $2.06 earnings per share. The company's quarterly revenue was up 7.2% on a year-over-year basis. IDEX has set its Q3 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.850-7.950 EPS.

Several other research analysts have also recently weighed in on IEX. Oppenheimer decreased their target price on IDEX from $224.00 to $212.00 and set an "outperform" rating for the company in a research note on Thursday, July 31st. Stifel Nicolaus decreased their target price on IDEX from $238.00 to $204.00 and set a "buy" rating for the company in a research note on Thursday, July 31st. Royal Bank Of Canada decreased their target price on IDEX from $207.00 to $200.00 and set an "outperform" rating for the company in a research note on Thursday, July 31st. Citigroup increased their price target on IDEX from $208.00 to $216.00 and gave the company a "buy" rating in a research report on Monday, July 14th. Finally, DA Davidson set a $180.00 price target on IDEX and gave the company a "neutral" rating in a research report on Monday, August 4th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $201.71.

IDEX Trading Down 0.8%

Shares of IEX stock opened at $159.35 on Wednesday. The stock has a 50-day simple moving average of $167.03 and a 200 day simple moving average of $174.51. IDEX has a fifty-two week low of $153.36 and a fifty-two week high of $238.22. The stock has a market capitalization of $12.00 billion, a P/E ratio of 25.74, a P/E/G ratio of 1.69 and a beta of 1.02. The company has a quick ratio of 2.13, a current ratio of 3.05 and a debt-to-equity ratio of 0.46.

Institutional Investors Weigh In On IDEX

Several hedge funds have recently bought and sold shares of the business. State of Wyoming lifted its stake in IDEX by 152.7% in the 2nd quarter. State of Wyoming now owns 2,550 shares of the industrial products company's stock worth $448,000 after acquiring an additional 1,541 shares in the last quarter. Nomura Holdings Inc. lifted its stake in IDEX by 134.2% in the 2nd quarter. Nomura Holdings Inc. now owns 12,234 shares of the industrial products company's stock worth $2,148,000 after acquiring an additional 7,010 shares in the last quarter. Caxton Associates LLP purchased a new stake in IDEX in the 2nd quarter worth about $2,430,000. CYBER HORNET ETFs LLC purchased a new stake in IDEX in the 2nd quarter worth about $35,000. Finally, FORA Capital LLC lifted its stake in IDEX by 20.8% in the 2nd quarter. FORA Capital LLC now owns 13,800 shares of the industrial products company's stock worth $2,423,000 after acquiring an additional 2,376 shares in the last quarter. 97.96% of the stock is owned by hedge funds and other institutional investors.

IDEX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 24th. Investors of record on Friday, October 10th will be given a $0.71 dividend. The ex-dividend date is Friday, October 10th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.8%. IDEX's dividend payout ratio (DPR) is 45.88%.

IDEX announced that its Board of Directors has initiated a stock repurchase program on Thursday, September 18th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the industrial products company to purchase up to 8.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

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.

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