IDEX (NYSE:IEX) Updates FY 2025 Earnings Guidance

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

IDEX Stock Performance

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 company has a 50 day simple moving average of $218.56 and a 200-day simple moving average of $211.99. The stock has a market capitalization of $16.54 billion, a P/E ratio of 33.82, a P/E/G ratio of 2.21 and a beta of 0.97. 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 released 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%. Analysts anticipate that IDEX will post 7.88 earnings per share for the current fiscal year.

IDEX Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were paid a $0.69 dividend. The ex-dividend date was Friday, January 17th. This represents a $2.76 annualized dividend and a dividend yield of 1.26%. IDEX’s dividend payout ratio (DPR) is currently 42.72%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Stifel Nicolaus raised their price target on IDEX from $244.00 to $256.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Robert W. Baird reduced their price target on IDEX from $245.00 to $241.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Citigroup reduced their price target on IDEX from $269.00 to $267.00 and set a “buy” rating for the company in a report on Monday, January 13th. Finally, Royal Bank of Canada raised their price target on IDEX from $248.00 to $258.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $242.86.

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.