What is Zacks Research’s Estimate for IDEX FY2025 Earnings?

IDEX Co. (NYSE:IEX) – Investment analysts at Zacks Research increased their FY2025 EPS estimates for shares of IDEX in a report released on Tuesday, December 31st. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings of $8.44 per share for the year, up from their prior estimate of $8.43. The consensus estimate for IDEX’s current full-year earnings is $7.89 per share. Zacks Research also issued estimates for IDEX’s FY2026 earnings at $9.24 EPS.

IEX has been the topic of several other reports. Robert W. Baird dropped their price objective on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Royal Bank of Canada boosted their price objective on shares of IDEX from $248.00 to $258.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Citigroup increased their target price on shares of IDEX from $251.00 to $269.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Finally, Stifel Nicolaus boosted their price target 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. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, IDEX has an average rating of “Moderate Buy” and a consensus price target of $243.14.

IDEX Price Performance

NYSE IEX opened at $207.02 on Friday. The company has a market cap of $15.68 billion, a PE ratio of 32.05, a price-to-earnings-growth ratio of 2.36 and a beta of 0.96. IDEX has a 52 week low of $189.51 and a 52 week high of $246.36. The company has a quick ratio of 2.11, a current ratio of 2.97 and a debt-to-equity ratio of 0.54. The firm’s 50-day simple moving average is $221.92 and its two-hundred day simple moving average is $209.68.

IDEX (NYSE:IEX) last posted its earnings results on Tuesday, October 29th. The industrial products company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.01. The firm had revenue of $798.20 million during the quarter, compared to analyst estimates of $793.05 million. IDEX had a net margin of 15.35% and a return on equity of 15.92%. The business’s revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.12 EPS.

IDEX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Friday, January 17th. IDEX’s dividend payout ratio is currently 42.72%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IEX. Catalyst Capital Advisors LLC increased its position in shares of IDEX by 73.8% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 139 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 59 shares during the last quarter. Assetmark Inc. bought a new position in IDEX during the third quarter valued at approximately $39,000. Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of IDEX by 100.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 200 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 100 shares in the last quarter. Mascoma Wealth Management LLC bought a new stake in shares of IDEX in the 2nd quarter worth approximately $51,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of IDEX by 19.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 344 shares of the industrial products company’s stock valued at $72,000 after purchasing an additional 57 shares during the last quarter. Institutional investors own 97.96% of the company’s stock.

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.