Zacks Research Issues Pessimistic Outlook for IDEX Earnings

IDEX Co. (NYSE:IEX - Free Report) - Equities researchers at Zacks Research decreased their Q2 2025 earnings estimates for shares of IDEX in a research report issued to clients and investors on Thursday, May 22nd. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings per share of $2.02 for the quarter, down from their prior forecast 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.

IDEX (NYSE:IEX - Get Free Report) last released its earnings results on Thursday, May 1st. The industrial products company reported $1.75 EPS for the quarter, topping analysts' consensus estimates of $1.64 by $0.11. The company had revenue of $814.30 million for 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 business's revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.88 EPS.

A number of other brokerages have also recently issued reports on IEX. Stifel Nicolaus boosted their price objective on IDEX from $192.00 to $208.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Royal Bank of Canada boosted their price objective on IDEX from $206.00 to $208.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Mizuho set a $185.00 price objective on IDEX in a research note on Friday, May 16th. DA Davidson lowered their price objective on IDEX from $225.00 to $215.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 19th. Finally, Citigroup lowered their price objective on IDEX from $264.00 to $201.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, IDEX has a consensus rating of "Moderate Buy" and an average price target of $212.50.

IDEX Stock Performance

Shares of NYSE IEX traded up $3.76 during mid-day trading on Monday, reaching $183.36. 500,399 shares of the company's stock were exchanged, compared to its average volume of 583,826. The firm has a market capitalization of $13.85 billion, a price-to-earnings ratio of 27.57, a price-to-earnings-growth ratio of 1.98 and a beta of 1.07. IDEX has a 52 week low of $153.36 and a 52 week high of $238.22. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.53 and a quick ratio of 1.85. The firm has a 50-day moving average price of $176.76 and a two-hundred day moving average price of $198.68.

Institutional Investors Weigh In On IDEX

Several hedge funds and other institutional investors have recently modified their holdings of the stock. IFM Investors Pty Ltd increased its position in shares of IDEX by 1.1% during the first quarter. IFM Investors Pty Ltd now owns 18,818 shares of the industrial products company's stock valued at $3,405,000 after buying an additional 210 shares during the period. Glenview Trust co grew its holdings in shares of IDEX by 4.9% during the first quarter. Glenview Trust co now owns 6,829 shares of the industrial products company's stock worth $1,236,000 after purchasing an additional 321 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of IDEX by 2.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 769,341 shares of the industrial products company's stock worth $139,228,000 after purchasing an additional 21,787 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of IDEX by 3.4% during the first quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company's stock worth $298,000 after purchasing an additional 54 shares in the last quarter. Finally, MBB Public Markets I LLC purchased a new position in shares of IDEX during the first quarter worth about $310,000. 97.96% of the stock is currently owned by institutional investors.

IDEX Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be given a dividend of $0.71 per share. The ex-dividend date is Monday, May 19th. This is a boost from IDEX's previous quarterly dividend of $0.69. This represents a $2.84 annualized dividend and a dividend yield of 1.55%. IDEX's dividend payout ratio is currently 45.01%.

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.