Q1 2025 EPS Estimates for IDEX Co. (NYSE:IEX) Reduced by Zacks Research

IDEX Co. (NYSE:IEX) – Equities researchers at Zacks Research lowered their Q1 2025 earnings estimates for shares of IDEX in a research note issued to investors on Tuesday, April 16th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $1.97 for the quarter, down from their previous forecast of $1.98. The consensus estimate for IDEX’s current full-year earnings is $8.35 per share. Zacks Research also issued estimates for IDEX’s Q3 2025 earnings at $2.43 EPS and FY2025 earnings at $9.23 EPS.

Other research analysts have also issued reports about the stock. Oppenheimer lifted their price objective on shares of IDEX from $245.00 to $252.00 and gave the company an “outperform” rating in a research note on Thursday. StockNews.com upgraded shares of IDEX from a “hold” rating to a “buy” rating in a research report on Tuesday. Royal Bank of Canada reissued an “outperform” rating and issued a $255.00 price target on shares of IDEX in a research note on Thursday, March 21st. Citigroup boosted their price target on shares of IDEX from $254.00 to $277.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. Finally, Stifel Nicolaus raised shares of IDEX from a “hold” rating to a “buy” rating and upped their price objective for the company from $215.00 to $265.00 in a research note on Thursday, February 8th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, IDEX has an average rating of “Moderate Buy” and an average price target of $238.78.

IDEX Stock Down 0.3 %

IDEX stock opened at $226.10 on Wednesday. IDEX has a 1-year low of $183.76 and a 1-year high of $246.36. The firm has a market capitalization of $17.11 billion, a price-to-earnings ratio of 28.84, a P/E/G ratio of 2.29 and a beta of 0.97. The company has a current ratio of 2.89, a quick ratio of 2.05 and a debt-to-equity ratio of 0.37. The firm has a 50 day simple moving average of $236.43 and a 200 day simple moving average of $215.88.

IDEX (NYSE:IEX) last posted its quarterly earnings results on Tuesday, February 6th. The industrial products company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.05. The company had revenue of $788.90 million for the quarter, compared to analysts’ expectations of $767.96 million. IDEX had a net margin of 18.21% and a return on equity of 18.56%. IDEX’s revenue was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.01 EPS.

Institutional Investors Weigh In On IDEX

A number of institutional investors have recently made changes to their positions in the company. American Century Companies Inc. lifted its position in IDEX by 34.2% during the first quarter. American Century Companies Inc. now owns 3,251 shares of the industrial products company’s stock valued at $623,000 after purchasing an additional 829 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in IDEX during the first quarter valued at $1,058,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in IDEX by 6.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,173 shares of the industrial products company’s stock valued at $1,950,000 after acquiring an additional 630 shares in the last quarter. Yousif Capital Management LLC grew its stake in shares of IDEX by 3.5% in the 1st quarter. Yousif Capital Management LLC now owns 16,223 shares of the industrial products company’s stock worth $3,110,000 after buying an additional 555 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of IDEX by 24.2% in the 1st quarter. Sei Investments Co. now owns 82,824 shares of the industrial products company’s stock worth $15,877,000 after buying an additional 16,117 shares in the last quarter. Hedge funds and other institutional investors own 97.96% of the company’s stock.

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.