Brokerages Set IDEX Corporation (NYSE:IEX) PT at $228.22

Shares of IDEX Corporation (NYSE:IEX) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $228.2222.

A number of equities research analysts have weighed in on the company. Robert W. Baird set a $247.00 target price on IDEX in a report on Thursday, February 5th. Argus raised shares of IDEX from a “hold” rating to a “buy” rating and set a $240.00 price objective for the company in a research report on Friday, February 6th. DA Davidson boosted their target price on shares of IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Royal Bank Of Canada increased their target price on shares of IDEX from $211.00 to $244.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Finally, Oppenheimer restated an “outperform” rating and issued a $230.00 price target on shares of IDEX in a report on Thursday, February 5th.

Institutional Trading of IDEX

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GoalVest Advisory LLC bought a new position in IDEX in the fourth quarter worth approximately $26,000. Laurel Wealth Advisors LLC acquired a new position in shares of IDEX during the fourth quarter worth approximately $27,000. Capital A Wealth Management LLC acquired a new position in shares of IDEX during the second quarter worth approximately $28,000. UMB Bank n.a. lifted its holdings in shares of IDEX by 61.0% in the 3rd quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares in the last quarter. Finally, Loomis Sayles & Co. L P acquired a new stake in IDEX in the 2nd quarter valued at $33,000. 97.96% of the stock is owned by institutional investors.

IDEX Stock Performance

Shares of IEX opened at $183.96 on Friday. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.45. The firm’s fifty day simple moving average is $200.63 and its two-hundred day simple moving average is $180.75. IDEX has a 12 month low of $153.36 and a 12 month high of $217.15. The stock has a market capitalization of $13.68 billion, a P/E ratio of 28.70, a price-to-earnings-growth ratio of 1.86 and a beta of 0.98.

IDEX (NYSE:IEX) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.06. IDEX had a return on equity of 15.03% and a net margin of 13.98%.The firm had revenue of $899.10 million during the quarter, compared to analyst estimates of $882.00 million. During the same period last year, the company posted $2.04 EPS. The business’s quarterly revenue was up 4.2% on a year-over-year basis. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. As a group, analysts predict that IDEX will post 8.26 EPS for the current year.

IDEX Company Profile

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.