Zacks Research Issues Negative Estimate for IDEX Earnings

IDEX Corporation (NYSE:IEX) – Equities researchers at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for shares of IDEX in a report released on Friday, December 26th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $1.82 per share for the quarter, down from their previous forecast of $1.83. The consensus estimate for IDEX’s current full-year earnings is $8.26 per share. Zacks Research also issued estimates for IDEX’s Q2 2026 earnings at $2.15 EPS, Q4 2026 earnings at $2.11 EPS, FY2026 earnings at $8.24 EPS, Q1 2027 earnings at $2.05 EPS, Q2 2027 earnings at $2.41 EPS, Q3 2027 earnings at $2.33 EPS and FY2027 earnings at $9.13 EPS.

Several other analysts also recently issued reports on the company. Royal Bank Of Canada lowered their price target on IDEX from $200.00 to $195.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Cowen reaffirmed a “buy” rating on shares of IDEX in a report on Wednesday, December 3rd. Stifel Nicolaus cut their price objective on shares of IDEX from $204.00 to $191.00 and set a “buy” rating on the stock in a report on Monday, October 20th. Citigroup raised their target price on IDEX from $197.00 to $202.00 and gave the company a “buy” rating in a research note on Monday, December 8th. Finally, Oppenheimer set a $210.00 price target on IDEX in a research note on Tuesday, October 7th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $196.86.

IDEX Stock Up 0.0%

Shares of NYSE:IEX opened at $180.24 on Monday. The stock has a 50-day simple moving average of $172.22 and a 200-day simple moving average of $170.41. The stock has a market capitalization of $13.49 billion, a P/E ratio of 28.52, a PEG ratio of 1.90 and a beta of 1.01. IDEX has a 1 year low of $153.36 and a 1 year high of $226.04. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.06 and a current ratio of 2.93.

IDEX (NYSE:IEX) last released its earnings results on Friday, December 16th. The industrial products company reported $1.79 EPS for the quarter. IDEX had a net margin of 13.97% and a return on equity of 15.20%. The firm had revenue of $712.00 million during the quarter.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of IDEX by 257.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 143 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 103 shares during the period. American National Bank & Trust bought a new stake in IDEX during the second quarter worth approximately $25,000. Capital A Wealth Management LLC acquired a new stake in IDEX in the second quarter worth approximately $28,000. UMB Bank n.a. boosted its stake in IDEX by 61.0% during the 3rd quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares in the last quarter. Finally, Loomis Sayles & Co. L P acquired a new position in shares of IDEX during the 2nd quarter valued at $33,000. 97.96% of the stock is owned by institutional investors and hedge funds.

IDEX declared that its board has authorized a stock buyback plan on Thursday, September 18th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the industrial products company to buy up to 8.3% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

IDEX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, January 16th. IDEX’s payout ratio is currently 44.94%.

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.