IDEX (NYSE:IEX – Get Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.600-1.650 for the period, compared to the consensus earnings per share estimate of 2.030. The company issued revenue guidance of -. IDEX also updated its FY 2025 guidance to 8.100-8.450 EPS.
IDEX Price Performance
NYSE IEX traded down $0.41 during trading hours on Tuesday, reaching $218.45. 602,537 shares of the company’s stock were exchanged, compared to its average volume of 441,479. The firm has a fifty day moving average of $218.56 and a 200-day moving average of $211.99. IDEX has a one year low of $189.51 and a one year high of $246.36. The stock has a market cap of $16.54 billion, a PE ratio of 33.82, a price-to-earnings-growth ratio of 2.21 and a beta of 0.97. The company has a current ratio of 2.97, a quick ratio of 2.11 and a debt-to-equity ratio of 0.54.
IDEX (NYSE:IEX – Get Free Report) last announced its earnings results on Tuesday, February 4th. The industrial products company reported $2.04 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.01. IDEX had a return on equity of 15.92% and a net margin of 15.35%. On average, equities research analysts predict that IDEX will post 7.88 earnings per share for the current fiscal year.
IDEX Announces Dividend
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the stock. Citigroup lowered their price target on shares of IDEX from $269.00 to $267.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Stifel Nicolaus upped their target price on shares of IDEX from $244.00 to $256.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Royal Bank of Canada raised their price target on IDEX from $248.00 to $258.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Finally, Robert W. Baird dropped their price objective on IDEX from $245.00 to $241.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, IDEX currently has a consensus rating of “Moderate Buy” and a consensus target price of $242.86.
View Our Latest Report on IDEX
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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