Zacks Research Weighs in on IDEX’s Q1 Earnings (NYSE:IEX)

IDEX Corporation (NYSE:IEX) – Analysts at Zacks Research reduced their Q1 2027 earnings estimates for shares of IDEX in a research report issued to clients and investors on Tuesday, January 20th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.04 per share for the quarter, down from their previous estimate of $2.05. The consensus estimate for IDEX’s current full-year earnings is $8.26 per share. Zacks Research also issued estimates for IDEX’s Q2 2027 earnings at $2.40 EPS, Q4 2027 earnings at $2.33 EPS and FY2027 earnings at $9.10 EPS.

IDEX (NYSE:IEX) last announced its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $0.10. The firm had revenue of $878.70 million during the quarter, compared to the consensus estimate of $861.44 million. IDEX had a net margin of 13.97% and a return on equity of 15.20%. The firm’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period last year, the firm posted $1.90 EPS. IDEX has set its FY 2025 guidance at 7.860-7.91 EPS.

Other equities analysts have also issued research reports about the company. Oppenheimer set a $210.00 price objective on IDEX in a research note on Tuesday, October 7th. Stifel Nicolaus reduced their price target on shares of IDEX from $204.00 to $191.00 and set a “buy” rating on the stock in a research report on Monday, October 20th. Citigroup increased their price objective on shares of IDEX from $197.00 to $202.00 and gave the stock a “buy” rating in a report on Monday, December 8th. TD Cowen reaffirmed a “buy” rating on shares of IDEX in a research note on Wednesday, December 3rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $211.00 target price on shares of IDEX in a research report on Thursday, January 15th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $199.14.

IDEX Stock Up 2.9%

NYSE IEX opened at $198.98 on Wednesday. The stock’s 50 day simple moving average is $178.59 and its 200 day simple moving average is $171.60. IDEX has a one year low of $153.36 and a one year high of $226.04. The firm has a market cap of $14.89 billion, a PE ratio of 31.48, a price-to-earnings-growth ratio of 1.94 and a beta of 1.00. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.93 and a quick ratio of 2.06.

IDEX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, January 16th. IDEX’s dividend payout ratio (DPR) is 44.94%.

Institutional Trading of IDEX

Hedge funds and other institutional investors have recently modified their holdings of the company. Wellington Management Group LLP boosted its holdings in IDEX by 3.4% during the third quarter. Wellington Management Group LLP now owns 6,477,929 shares of the industrial products company’s stock worth $1,054,348,000 after purchasing an additional 211,696 shares during the last quarter. State Street Corp lifted its position in IDEX by 1.8% during the 3rd quarter. State Street Corp now owns 3,154,742 shares of the industrial products company’s stock worth $513,466,000 after buying an additional 54,990 shares in the last quarter. Nordea Investment Management AB boosted its stake in shares of IDEX by 193.6% during the 3rd quarter. Nordea Investment Management AB now owns 2,364,312 shares of the industrial products company’s stock worth $382,049,000 after buying an additional 1,559,124 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of IDEX by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 2,000,861 shares of the industrial products company’s stock valued at $349,869,000 after acquiring an additional 29,353 shares in the last quarter. Finally, Van ECK Associates Corp increased its position in shares of IDEX by 8.3% in the third quarter. Van ECK Associates Corp now owns 1,913,157 shares of the industrial products company’s stock valued at $311,385,000 after acquiring an additional 146,618 shares during the last quarter. Institutional investors and hedge funds own 97.96% of the company’s stock.

About IDEX

IDEX Corporation is a diversified industrial manufacturer specializing in the design, production and distribution of highly engineered fluidics systems, measurement technologies and safety solutions. The company’s core offerings include positive-displacement pumps, flow meters, valves, sampling systems and analytical instruments that serve a wide range of end markets such as water treatment, chemical processing, energy, food and beverage, and life sciences. Through its focus on precision engineering and proprietary material science, IDEX delivers products designed for reliability in demanding applications.

Operations at IDEX are organized into three principal segments.