Zacks Research Issues Negative Forecast for IDEX Earnings

IDEX Co. (NYSE:IEX - Free Report) - Investment analysts at Zacks Research dropped their Q2 2025 EPS estimates for IDEX in a research note issued to investors on Thursday, May 22nd. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $2.02 for the quarter, down from their previous estimate of $2.10. The consensus estimate for IDEX's current full-year earnings is $8.26 per share. Zacks Research also issued estimates for IDEX's Q3 2025 earnings at $2.18 EPS, Q4 2025 earnings at $2.33 EPS, FY2025 earnings at $8.28 EPS, Q4 2026 earnings at $2.27 EPS and FY2026 earnings at $8.62 EPS.

Several other equities research analysts have also recently weighed in on IEX. Robert W. Baird set a $215.00 target price on IDEX in a research note on Friday, May 2nd. Stifel Nicolaus upped their target price on shares of IDEX from $192.00 to $208.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Citigroup cut their price target on shares of IDEX from $264.00 to $201.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Royal Bank of Canada upped their price objective on shares of IDEX from $206.00 to $208.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Finally, Mizuho set a $185.00 target price on IDEX in a research report on Friday, May 16th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, IDEX presently has a consensus rating of "Moderate Buy" and an average target price of $212.50.

IDEX Stock Down 0.4%

NYSE IEX traded down $0.71 during trading on Monday, reaching $181.43. 41,238 shares of the company's stock were exchanged, compared to its average volume of 582,301. The stock has a market cap of $13.71 billion, a P/E ratio of 27.29, a price-to-earnings-growth ratio of 1.98 and a beta of 1.07. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.85 and a current ratio of 2.53. The company has a 50 day moving average price of $176.66 and a two-hundred day moving average price of $198.23. IDEX has a 1 year low of $153.36 and a 1 year high of $238.22.

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

IDEX Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Monday, May 19th will be issued a $0.71 dividend. The ex-dividend date of this dividend is Monday, May 19th. This is a boost from IDEX's previous quarterly dividend of $0.69. This represents a $2.84 dividend on an annualized basis and a yield of 1.57%. IDEX's dividend payout ratio (DPR) is 45.01%.

Hedge Funds Weigh In On IDEX

Several hedge funds have recently bought and sold shares of IEX. Bleakley Financial Group LLC lifted its position in shares of IDEX by 4.1% in the 4th quarter. Bleakley Financial Group LLC now owns 1,214 shares of the industrial products company's stock worth $254,000 after buying an additional 48 shares during the last quarter. Horizon Investments LLC raised its stake in shares of IDEX by 5.2% during the first quarter. Horizon Investments LLC now owns 1,087 shares of the industrial products company's stock valued at $197,000 after purchasing an additional 54 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of IDEX by 3.4% in the first quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company's stock valued at $298,000 after acquiring an additional 54 shares in the last quarter. Blackston Financial Advisory Group LLC increased its position in shares of IDEX by 2.7% during the 4th quarter. Blackston Financial Advisory Group LLC now owns 2,299 shares of the industrial products company's stock valued at $481,000 after purchasing an additional 60 shares during the period. Finally, Alps Advisors Inc. raised its holdings in shares of IDEX by 1.0% in the 1st quarter. Alps Advisors Inc. now owns 5,990 shares of the industrial products company's stock worth $1,084,000 after purchasing an additional 60 shares in the last quarter. 97.96% of the stock is owned by hedge funds and other institutional investors.

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.