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

IDEX Co. (NYSE:IEX) – Equities researchers at Zacks Research cut their Q1 2025 earnings estimates for IDEX in a research note issued to investors on Tuesday, April 16th. Zacks Research analyst R. Department now expects that the industrial products company will earn $1.97 per share for the quarter, down from their previous estimate 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 issued its quarterly earnings results on Tuesday, February 6th. The industrial products company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.05. The business had revenue of $788.90 million for the quarter, compared to analysts’ expectations of $767.96 million. IDEX had a net margin of 18.21% and a return on equity of 18.56%. The business’s quarterly revenue was down 2.7% on a year-over-year basis. During the same period last year, the business earned $2.01 earnings per share.

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

IDEX Stock Performance

NYSE:IEX opened at $226.83 on Wednesday. The firm has a market cap of $17.17 billion, a PE ratio of 28.93, a price-to-earnings-growth ratio of 2.30 and a beta of 0.97. IDEX has a fifty-two week low of $183.76 and a fifty-two week high of $246.36. 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 has a 50 day moving average price of $236.43 and a 200-day moving average price of $215.81.

Hedge Funds Weigh In On IDEX

Several institutional investors and hedge funds have recently added to or reduced their stakes in IEX. American Century Companies Inc. lifted its position in IDEX by 34.2% during the first quarter. American Century Companies Inc. now owns 3,251 shares of the industrial products company’s stock valued at $623,000 after buying an additional 829 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of IDEX during the first quarter valued at $1,058,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of IDEX by 6.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,173 shares of the industrial products company’s stock valued at $1,950,000 after acquiring an additional 630 shares in the last quarter. Yousif Capital Management LLC increased its holdings in shares of IDEX by 3.5% during the first quarter. Yousif Capital Management LLC now owns 16,223 shares of the industrial products company’s stock valued at $3,110,000 after acquiring an additional 555 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in shares of IDEX by 24.2% during the first quarter. Sei Investments Co. now owns 82,824 shares of the industrial products company’s stock valued at $15,877,000 after acquiring an additional 16,117 shares in the last quarter. Hedge funds and other 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.