Zacks Research Issues Negative Forecast for IDEX Earnings

IDEX Co. (NYSE:IEX - Free Report) - Analysts at Zacks Research dropped their Q2 2025 earnings estimates for IDEX in a report issued on Thursday, May 22nd. Zacks Research analyst R. Department now expects that the industrial products company will post earnings of $2.02 per share for the quarter, down from their previous 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.11. The business had revenue of $814.30 million for the quarter, compared to analyst estimates of $807.25 million. IDEX had a net margin of 15.45% and a return on equity of 16.08%. IDEX's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.88 earnings per share.

Several other research firms also recently weighed in on IEX. DA Davidson decreased their price target on shares of IDEX from $225.00 to $215.00 and set a "neutral" rating for the company in a research note on Wednesday, February 19th. Stifel Nicolaus boosted their target price on shares of IDEX from $192.00 to $208.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Citigroup decreased their target price on shares of IDEX from $264.00 to $201.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Royal Bank of Canada boosted their target price on shares of IDEX from $206.00 to $208.00 and gave the stock an "outperform" rating in a research report on Friday, May 2nd. Finally, Robert W. Baird set a $215.00 target price on shares of IDEX in a research report on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $212.50.

IDEX Stock Down 1.6%

IEX traded down $2.90 during midday trading on Monday, hitting $180.55. The company had a trading volume of 419,830 shares, compared to its average volume of 583,172. IDEX has a 52 week low of $153.36 and a 52 week high of $238.22. The company has a quick ratio of 1.85, a current ratio of 2.53 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $13.64 billion, a price-to-earnings ratio of 27.15, a PEG ratio of 1.98 and a beta of 1.07. The stock's 50 day moving average price is $176.76 and its 200 day moving average price is $198.68.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC grew its position in shares of IDEX by 1.2% during the 3rd quarter. Barclays PLC now owns 1,177,645 shares of the industrial products company's stock valued at $252,603,000 after acquiring an additional 14,360 shares during the period. Exchange Traded Concepts LLC lifted its stake in IDEX by 31.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 10,914 shares of the industrial products company's stock valued at $2,284,000 after purchasing an additional 2,582 shares during the last quarter. Blue Trust Inc. lifted its stake in IDEX by 152.0% in the fourth quarter. Blue Trust Inc. now owns 1,212 shares of the industrial products company's stock valued at $260,000 after purchasing an additional 731 shares during the last quarter. Berry Wealth Group LP lifted its stake in IDEX by 5.3% in the fourth quarter. Berry Wealth Group LP now owns 1,542 shares of the industrial products company's stock valued at $323,000 after purchasing an additional 77 shares during the last quarter. Finally, Boston Trust Walden Corp lifted its stake in IDEX by 3.8% in the fourth quarter. Boston Trust Walden Corp now owns 232,014 shares of the industrial products company's stock valued at $48,558,000 after purchasing an additional 8,550 shares during the last quarter. 97.96% of the stock is currently owned by hedge funds and other institutional investors.

IDEX Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Monday, May 19th will be issued a dividend of $0.71 per share. 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 annualized dividend and a yield of 1.57%. IDEX's payout ratio is 45.01%.

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.