IDEX (NYSE:IEX) Updates 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.

IDEX Price Performance

Shares of IDEX stock traded up $0.40 on Thursday, hitting $197.98. 519,545 shares of the company traded hands, compared to its average volume of 486,140. 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 business has a 50-day simple moving average of $217.63 and a 200 day simple moving average of $212.00. IDEX has a 52 week low of $189.51 and a 52 week high of $246.36. The stock has a market capitalization of $14.99 billion, a P/E ratio of 30.67, a price-to-earnings-growth ratio of 2.21 and a beta of 0.97.

IDEX (NYSE:IEX) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $2.04 EPS for the quarter, beating 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%. Research analysts expect that IDEX will post 7.88 earnings per share for the current fiscal year.

IDEX Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were paid a dividend of $0.69 per share. The ex-dividend date was Friday, January 17th. This represents a $2.76 annualized dividend and a yield of 1.39%. IDEX’s payout ratio is currently 42.72%.

Wall Street Analysts Forecast Growth

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

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.