IDEX (NYSE:IEX) Issues FY 2025 Earnings Guidance

IDEX (NYSE:IEX) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 8.100-8.450 for the period, compared to the consensus EPS estimate of 8.480. The company issued revenue guidance of -. IDEX also updated its Q1 2025 guidance to 1.600-1.650 EPS.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Royal Bank of Canada boosted their price objective on shares of IDEX from $248.00 to $258.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Robert W. Baird decreased their price objective on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Citigroup dropped their price objective on IDEX from $269.00 to $267.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Finally, Stifel Nicolaus boosted their target price on IDEX from $244.00 to $256.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, IDEX presently has an average rating of “Moderate Buy” and an average target price of $242.86.

IDEX Trading Down 0.2 %

NYSE IEX traded down $0.41 during mid-day trading on Tuesday, reaching $218.45. 602,537 shares of the stock were exchanged, compared to its average volume of 441,479. The business’s fifty day simple moving average is $218.56 and its 200 day simple moving average is $211.99. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.11 and a current ratio of 2.97. The stock has a market capitalization of $16.54 billion, a PE ratio of 33.82, a PEG ratio of 2.21 and a beta of 0.97. IDEX has a 1-year low of $189.51 and a 1-year high of $246.36.

IDEX (NYSE:IEX) last issued its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $2.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.03 by $0.01. IDEX had a return on equity of 15.92% and a net margin of 15.35%. On average, research analysts anticipate that IDEX will post 7.88 earnings per share for the current fiscal year.

IDEX Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were given a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend was Friday, January 17th. IDEX’s dividend payout ratio (DPR) is presently 42.72%.

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.