IDEX Co. Forecasted to Earn Q1 2025 Earnings of $1.97 Per Share (NYSE:IEX)

IDEX Co. (NYSE:IEX) – Stock analysts at Zacks Research dropped their Q1 2025 earnings estimates for shares of IDEX in a research note issued on Tuesday, April 16th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings of $1.97 per share for the quarter, down from their prior 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.

Several other research analysts have also recently weighed in on IEX. StockNews.com raised shares of IDEX from a “hold” rating to a “buy” rating in a report on Tuesday. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $255.00 price target on shares of IDEX in a report on Thursday, March 21st. Stifel Nicolaus raised shares of IDEX from a “hold” rating to a “buy” rating and upped their price target for the stock from $215.00 to $265.00 in a report on Thursday, February 8th. Finally, Citigroup upped their price target on shares of IDEX from $254.00 to $277.00 and gave the stock a “buy” rating in a report on Monday, April 8th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $238.00.

IDEX Stock Performance

IEX stock traded down $2.42 during midday trading on Wednesday, reaching $226.83. 405,820 shares of the company’s stock traded hands, compared to its average volume of 379,948. The company has a 50-day moving average price of $236.34 and a two-hundred day moving average price of $215.73. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.05 and a current ratio of 2.89. IDEX has a 52 week low of $183.76 and a 52 week high of $246.36. The firm has a market capitalization of $17.17 billion, a PE ratio of 29.24, a price-to-earnings-growth ratio of 2.30 and a beta of 0.97.

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IEX. Morgan Stanley increased its stake in IDEX by 274.1% in the fourth quarter. Morgan Stanley now owns 2,151,334 shares of the industrial products company’s stock valued at $491,214,000 after acquiring an additional 1,576,263 shares during the last quarter. Norges Bank purchased a new stake in IDEX during the fourth quarter valued at about $237,425,000. Price T Rowe Associates Inc. MD boosted its position in IDEX by 12.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,409,706 shares of the industrial products company’s stock valued at $1,608,722,000 after buying an additional 833,772 shares during the period. Alecta Tjanstepension Omsesidigt boosted its position in IDEX by 420.8% during the fourth quarter. Alecta Tjanstepension Omsesidigt now owns 781,172 shares of the industrial products company’s stock valued at $169,600,000 after buying an additional 631,172 shares during the period. Finally, Public Employees Retirement Association of Colorado boosted its position in IDEX by 4,080.8% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 313,725 shares of the industrial products company’s stock valued at $68,113,000 after buying an additional 306,221 shares during the period. 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.