Zacks Research Has Bullish Outlook for IDEX Q1 Earnings

IDEX Co. (NYSE:IEX) – Analysts at Zacks Research increased their Q1 2026 EPS estimates for shares of IDEX in a research report issued on Tuesday, November 19th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings per share of $2.26 for the quarter, up from their previous forecast of $2.24. The consensus estimate for IDEX’s current full-year earnings is $7.88 per share.

IDEX (NYSE:IEX) last issued its earnings results on Tuesday, October 29th. The industrial products company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.01. IDEX had a net margin of 15.35% and a return on equity of 15.92%. The company had revenue of $798.20 million for the quarter, compared to analysts’ expectations of $793.05 million. During the same period in the prior year, the business earned $2.12 EPS. The firm’s quarterly revenue was up .6% on a year-over-year basis.

IEX has been the topic of a number of other reports. DA Davidson lowered their price target on shares of IDEX from $220.00 to $210.00 and set a “neutral” rating on the stock in a report on Monday, August 5th. Oppenheimer lowered their price target on shares of IDEX from $245.00 to $238.00 and set an “outperform” rating on the stock in a report on Monday, August 5th. Robert W. Baird lowered their price target on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Royal Bank of Canada raised their price target on shares of IDEX from $236.00 to $248.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Finally, Stifel Nicolaus raised their price target on shares of IDEX from $232.00 to $244.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, IDEX has an average rating of “Moderate Buy” and a consensus target price of $241.14.

IDEX Stock Up 2.0 %

Shares of IDEX stock opened at $227.50 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.97 and a quick ratio of 2.11. IDEX has a 1 year low of $189.51 and a 1 year high of $246.36. The firm’s 50-day moving average is $214.43 and its two-hundred day moving average is $207.89. The stock has a market cap of $17.23 billion, a price-to-earnings ratio of 35.22, a PEG ratio of 2.36 and a beta of 0.96.

Hedge Funds Weigh In On IDEX

A number of institutional investors have recently bought and sold shares of the business. Studio Investment Management LLC raised its position in IDEX by 4.9% during the 3rd quarter. Studio Investment Management LLC now owns 955 shares of the industrial products company’s stock worth $205,000 after buying an additional 45 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of IDEX by 31.0% during the 2nd quarter. UMB Bank n.a. now owns 241 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 57 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of IDEX by 19.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 344 shares of the industrial products company’s stock valued at $72,000 after purchasing an additional 57 shares in the last quarter. Whittier Trust Co. increased its holdings in shares of IDEX by 38.4% during the 2nd quarter. Whittier Trust Co. now owns 209 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 58 shares in the last quarter. Finally, Catalyst Capital Advisors LLC increased its holdings in shares of IDEX by 73.8% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 139 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 59 shares in the last quarter. 97.96% of the stock is owned by hedge funds and other institutional investors.

IDEX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Friday, January 17th. IDEX’s dividend payout ratio is presently 42.72%.

About IDEX

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.