Analysts Set Expectations for IDEX's Q2 Earnings (NYSE:IEX)

IDEX Co. (NYSE:IEX - Free Report) - Equities research analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of IDEX in a report issued on Wednesday, May 7th. DA Davidson analyst M. Summerville forecasts that the industrial products company will earn $2.02 per share for the quarter. DA Davidson has a "Neutral" rating and a $215.00 price objective on the stock. The consensus estimate for IDEX's current full-year earnings is $8.26 per share. DA Davidson also issued estimates for IDEX's FY2026 earnings at $8.95 EPS.

IDEX (NYSE:IEX - Get Free Report) last issued its quarterly earnings data 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. IDEX had a net margin of 15.45% and a return on equity of 16.08%. The firm had revenue of $814.30 million for the quarter, compared to the consensus estimate of $807.25 million. During the same period last year, the firm posted $1.88 EPS. IDEX's quarterly revenue was up 1.7% compared to the same quarter last year.

Other equities analysts have also issued research reports about the stock. Mizuho set a $175.00 price target on shares of IDEX in a research report on Tuesday, April 22nd. Royal Bank of Canada increased their price objective on IDEX from $206.00 to $208.00 and gave the company an "outperform" rating in a research report on Friday, May 2nd. Citigroup lowered their target price on shares of IDEX from $264.00 to $201.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Stifel Nicolaus boosted their price objective on shares of IDEX from $192.00 to $208.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Finally, Robert W. Baird set a $215.00 price objective on shares of IDEX in a research report on Friday, May 2nd. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $211.25.

IDEX Stock Down 0.7 %

Shares of IEX traded down $1.25 during midday trading on Thursday, reaching $183.40. 383,458 shares of the stock were exchanged, compared to its average volume of 576,282. The firm has a 50 day simple moving average of $176.39 and a 200-day simple moving average of $201.23. IDEX has a 12-month low of $153.36 and a 12-month high of $238.22. The company has a market cap of $13.85 billion, a price-to-earnings ratio of 27.58, a P/E/G ratio of 1.98 and a beta of 1.07. The company has a quick ratio of 1.85, a current ratio of 2.53 and a debt-to-equity ratio of 0.49.

IDEX Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be paid a $0.71 dividend. The ex-dividend date is Monday, May 19th. This represents a $2.84 annualized dividend and a dividend yield of 1.55%. This is a positive change from IDEX's previous quarterly dividend of $0.69. IDEX's payout ratio is currently 43.74%.

Institutional Trading of IDEX

Hedge funds have recently bought and sold shares of the business. Bleakley Financial Group LLC lifted its position in shares of IDEX by 4.1% during the fourth quarter. Bleakley Financial Group LLC now owns 1,214 shares of the industrial products company's stock valued at $254,000 after purchasing an additional 48 shares in the last quarter. Albert D Mason Inc. increased its stake in shares of IDEX by 1.3% in the fourth quarter. Albert D Mason Inc. now owns 4,532 shares of the industrial products company's stock worth $948,000 after purchasing an additional 56 shares in the last quarter. Diversified Trust Co lifted its position in shares of IDEX by 1.0% during the fourth quarter. Diversified Trust Co now owns 6,210 shares of the industrial products company's stock worth $1,300,000 after acquiring an additional 59 shares in the last quarter. Blackston Financial Advisory Group LLC increased its position in shares of IDEX by 2.7% during the fourth quarter. Blackston Financial Advisory Group LLC now owns 2,299 shares of the industrial products company's stock valued at $481,000 after buying an additional 60 shares during the period. Finally, Alps Advisors Inc. boosted its position in shares of IDEX by 1.0% in the first quarter. Alps Advisors Inc. now owns 5,990 shares of the industrial products company's stock valued at $1,084,000 after acquiring an additional 60 shares during the period. Institutional investors and hedge funds own 97.96% of the company's stock.

IDEX Company Profile

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.