Zacks Research Issues Pessimistic Outlook for IDEX Earnings

IDEX Corporation (NYSE:IEX) – Zacks Research cut their Q1 2027 EPS estimates for shares of IDEX in a report released on Tuesday, January 20th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $2.04 for the quarter, down from their previous forecast 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 issued its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.10. IDEX had a net margin of 13.97% and a return on equity of 15.20%. The firm had revenue of $878.70 million for the quarter, compared to analysts’ expectations of $861.44 million. During the same period in the prior year, the firm earned $1.90 earnings per share. The company’s quarterly revenue was up 10.1% compared to the same quarter last year. IDEX has set its FY 2025 guidance at 7.860-7.91 EPS.

IEX has been the topic of a number of other research reports. Stifel Nicolaus reduced their price objective on IDEX from $204.00 to $191.00 and set a “buy” rating on the stock in a research note on Monday, October 20th. Citigroup lifted their price target on IDEX from $197.00 to $202.00 and gave the company a “buy” rating in a report on Monday, December 8th. Oppenheimer set a $210.00 price objective on shares of IDEX in a report on Tuesday, October 7th. TD Cowen restated a “buy” rating on shares of IDEX in a research report on Wednesday, December 3rd. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of IDEX in a research report on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, IDEX has an average rating of “Moderate Buy” and a consensus price target of $199.14.

IDEX Stock Down 0.7%

NYSE IEX opened at $197.62 on Wednesday. The stock’s 50 day simple moving average is $179.20 and its 200 day simple moving average is $171.78. IDEX has a one year low of $153.36 and a one year high of $226.04. The firm has a market cap of $14.79 billion, a PE ratio of 31.27, a price-to-earnings-growth ratio of 2.00 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 Dividend Announcement

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 paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.84 annualized dividend and a yield of 1.4%. IDEX’s dividend payout ratio (DPR) is presently 44.94%.

Hedge Funds Weigh In On IDEX

Hedge funds and other institutional investors have recently made changes to their positions in the company. American National Bank & Trust acquired a new stake in IDEX during the 2nd quarter worth $25,000. GoalVest Advisory LLC acquired a new position in IDEX in the fourth quarter valued at about $26,000. Capital A Wealth Management LLC bought a new stake in shares of IDEX in the second quarter worth about $28,000. Loomis Sayles & Co. L P acquired a new stake in shares of IDEX during the second quarter worth about $33,000. Finally, UMB Bank n.a. lifted its holdings in shares of 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. 97.96% of the stock is owned by institutional investors.

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.