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

IDEX Co. (NYSE:IEX) – Equities research analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for IDEX in a research note issued on Tuesday, April 16th. Zacks Research analyst R. Department now forecasts 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.

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

A number of other equities analysts also recently commented on IEX. StockNews.com upgraded IDEX from a “hold” rating to a “buy” rating in a research report on Tuesday. Citigroup lifted their price objective on IDEX from $254.00 to $277.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. Royal Bank of Canada reissued an “outperform” rating and set a $255.00 target price on shares of IDEX in a research note on Thursday, March 21st. Finally, Stifel Nicolaus raised IDEX from a “hold” rating to a “buy” rating and raised their target price for the stock from $215.00 to $265.00 in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $238.00.

IDEX Stock Performance

Shares of IDEX stock opened at $226.83 on Wednesday. IDEX has a one year low of $183.76 and a one year high of $246.36. The company has a market cap of $17.17 billion, a price-to-earnings ratio of 28.93, a PEG ratio of 2.30 and a beta of 0.97. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.05 and a current ratio of 2.89. The business’s 50 day moving average price is $236.43 and its 200 day moving average price is $215.81.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Parkside Financial Bank & Trust lifted its holdings in IDEX by 120.3% during the 1st quarter. Parkside Financial Bank & Trust now owns 141 shares of the industrial products company’s stock worth $27,000 after buying an additional 77 shares during the last quarter. Planned Solutions Inc. purchased a new stake in IDEX during the 4th quarter worth about $33,000. Clear Street Markets LLC lifted its holdings in IDEX by 94.7% during the 1st quarter. Clear Street Markets LLC now owns 148 shares of the industrial products company’s stock worth $34,000 after buying an additional 72 shares during the last quarter. Riverview Trust Co purchased a new stake in IDEX during the 1st quarter worth about $35,000. Finally, Quarry LP purchased a new stake in IDEX during the 4th quarter worth about $36,000. 97.96% of the stock is currently owned by hedge funds and other institutional investors.

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.