IDEX (NYSE:IEX) Updates Q1 2025 Earnings Guidance

IDEX (NYSE:IEX) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.600-1.650 for the period, compared to the consensus estimate of 2.030. The company issued revenue guidance of -. IDEX also updated its FY 2025 guidance to 8.100-8.450 EPS.

IDEX Trading Up 0.2 %

NYSE IEX traded up $0.40 on Thursday, hitting $197.98. The company’s stock had a trading volume of 519,545 shares, compared to its average volume of 486,140. The firm has a market cap of $14.99 billion, a PE ratio of 30.67, a PEG ratio of 2.21 and a beta of 0.97. The company’s 50-day moving average is $217.63 and its 200 day moving average is $212.00. The company has a quick ratio of 2.11, a current ratio of 2.97 and a debt-to-equity ratio of 0.54. 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 for the quarter, beating the consensus estimate of $2.03 by $0.01. IDEX had a return on equity of 15.92% and a net margin of 15.35%. As a group, analysts predict that IDEX will post 7.88 earnings per share for the current fiscal year.

IDEX Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on IEX shares. Citigroup reduced their price objective 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. Stifel Nicolaus upped 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. Royal Bank of Canada decreased their target price on IDEX from $256.00 to $245.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Robert W. Baird reduced their target price on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating for the company in a research report on Thursday, October 31st. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, IDEX presently has an average rating of “Moderate Buy” and a consensus target price of $241.00.

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.