Research Analysts Set Expectations for IDEX Q1 Earnings

IDEX Co. (NYSE:IEX) – DA Davidson issued their Q1 2025 earnings estimates for IDEX in a research note issued on Wednesday, February 19th. DA Davidson analyst M. Summerville anticipates that the industrial products company will post earnings per share of $1.64 for the quarter. DA Davidson has a “Neutral” rating and a $215.00 price target on the stock. The consensus estimate for IDEX’s current full-year earnings is $8.31 per share. DA Davidson also issued estimates for IDEX’s FY2025 earnings at $8.20 EPS and FY2026 earnings at $9.05 EPS.

A number of other research analysts have also recently issued reports on IEX. Robert W. Baird dropped their target price on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Stifel Nicolaus increased their target price on shares of IDEX from $244.00 to $256.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Royal Bank of Canada dropped their target price on shares of IDEX from $256.00 to $245.00 and set an “outperform” rating for the company in a report on Thursday, February 6th. Finally, Citigroup dropped their price objective on shares of IDEX from $269.00 to $267.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $241.71.

IDEX Trading Up 1.2 %

Shares of IDEX stock opened at $198.78 on Thursday. IDEX has a 12-month low of $189.51 and a 12-month high of $246.36. The company has a current ratio of 2.53, a quick ratio of 1.85 and a debt-to-equity ratio of 0.49. The stock has a market cap of $15.05 billion, a PE ratio of 29.89, a price-to-earnings-growth ratio of 1.96 and a beta of 0.97. The company has a 50-day moving average of $210.88 and a two-hundred day moving average of $211.50.

IDEX (NYSE:IEX) last issued its earnings results on Tuesday, February 4th. The industrial products company reported $2.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.01. IDEX had a net margin of 15.45% and a return on equity of 16.08%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Banque de Luxembourg S.A. acquired a new stake in IDEX during the fourth quarter worth approximately $27,000. Catalyst Capital Advisors LLC boosted its position in IDEX by 73.8% during the third quarter. Catalyst Capital Advisors LLC now owns 139 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 59 shares during the last quarter. Assetmark Inc. acquired a new stake in IDEX during the third quarter worth approximately $39,000. Quarry LP acquired a new stake in IDEX during the fourth quarter worth approximately $49,000. Finally, Brooklyn Investment Group acquired a new stake in IDEX during the third quarter worth approximately $86,000. 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.