IDEX (NYSE:IEX – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.600-1.650 for the period, compared to the consensus EPS estimate of 2.030. The company issued revenue guidance of -. IDEX also updated its FY 2025 guidance to 8.100-8.450 EPS.
IDEX Stock Performance
Shares of NYSE:IEX traded down $0.41 during trading on Tuesday, reaching $218.45. 602,537 shares of the stock were exchanged, compared to its average volume of 441,479. The firm has a market cap of $16.54 billion, a PE ratio of 33.82, a PEG ratio of 2.21 and a beta of 0.97. The company has a current ratio of 2.97, a quick ratio of 2.11 and a debt-to-equity ratio of 0.54. IDEX has a 12 month low of $189.51 and a 12 month high of $246.36. The stock has a 50-day moving average price of $218.56 and a 200-day moving average price of $211.99.
IDEX (NYSE:IEX – Get Free Report) last issued its quarterly earnings data 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 EPS for the current fiscal year.
IDEX Announces Dividend
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on IEX. Royal Bank of Canada boosted their price target on IDEX from $248.00 to $258.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Robert W. Baird reduced their target price on IDEX from $245.00 to $241.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Citigroup dropped their price target on IDEX from $269.00 to $267.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, Stifel Nicolaus raised their target price on shares of IDEX from $244.00 to $256.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, IDEX has an average rating of “Moderate Buy” and a consensus target price of $242.86.
Get Our Latest Stock Report on IDEX
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.
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