What is DA Davidson’s Forecast for IDEX Q1 Earnings?

IDEX Co. (NYSE:IEX) – Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for IDEX in a research note issued to investors on Wednesday, February 19th. DA Davidson analyst M. Summerville expects 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 objective on the stock. The consensus estimate for IDEX’s current full-year earnings is $8.26 per share. DA Davidson also issued estimates for IDEX’s FY2025 earnings at $8.20 EPS and FY2026 earnings at $9.05 EPS.

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

A number of other analysts also recently issued reports on IEX. 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 research report on Thursday, February 6th. Robert W. Baird decreased their price target on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating for the company in a research report on Thursday, October 31st. Citigroup decreased 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. Finally, Stifel Nicolaus raised their price target on shares of IDEX from $244.00 to $256.00 and gave the stock 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 assigned a buy rating to the company’s stock. According to MarketBeat, IDEX has an average rating of “Moderate Buy” and a consensus price target of $241.71.

IDEX Price Performance

IEX stock opened at $192.96 on Thursday. The stock has a 50-day moving average price of $209.69 and a two-hundred day moving average price of $211.40. 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 company has a market cap of $14.61 billion, a PE ratio of 29.02, a price-to-earnings-growth ratio of 2.00 and a beta of 0.97.

Hedge Funds Weigh In On IDEX

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