IDEX Co. (NYSE:IEX – Free Report) – Analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for IDEX in a note issued to investors on Tuesday, April 16th. Zacks Research analyst R. Department now expects that the industrial products company will earn $1.97 per share for the quarter, down from their prior forecast of $1.98. The consensus estimate for IDEX’s current full-year earnings is $8.35 per share. Zacks Research also issued estimates for IDEX’s Q3 2025 earnings at $2.43 EPS and FY2025 earnings at $9.23 EPS.
IDEX (NYSE:IEX – Get Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The industrial products company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.05. IDEX had a net margin of 18.21% and a return on equity of 18.56%. The business had revenue of $788.90 million for the quarter, compared to the consensus estimate of $767.96 million. During the same period in the prior year, the business posted $2.01 earnings per share. IDEX’s revenue for the quarter was down 2.7% compared to the same quarter last year.
Check Out Our Latest Stock Analysis on IDEX
IDEX Stock Performance
NYSE IEX opened at $226.10 on Wednesday. The company has a current ratio of 2.89, a quick ratio of 2.05 and a debt-to-equity ratio of 0.37. The company has a 50 day moving average of $236.43 and a 200-day moving average of $215.88. IDEX has a 1-year low of $183.76 and a 1-year high of $246.36. The firm has a market cap of $17.11 billion, a price-to-earnings ratio of 28.84, a PEG ratio of 2.29 and a beta of 0.97.
Hedge Funds Weigh In On IDEX
A number of hedge funds have recently bought and sold shares of the company. American Century Companies Inc. increased its position in shares of IDEX by 34.2% during the first quarter. American Century Companies Inc. now owns 3,251 shares of the industrial products company’s stock worth $623,000 after acquiring an additional 829 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of IDEX during the 1st quarter valued at approximately $1,058,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of IDEX by 6.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,173 shares of the industrial products company’s stock valued at $1,950,000 after acquiring an additional 630 shares during the period. Yousif Capital Management LLC grew its position in shares of IDEX by 3.5% during the 1st quarter. Yousif Capital Management LLC now owns 16,223 shares of the industrial products company’s stock valued at $3,110,000 after acquiring an additional 555 shares during the period. Finally, Sei Investments Co. lifted its stake in shares of IDEX by 24.2% during the 1st quarter. Sei Investments Co. now owns 82,824 shares of the industrial products company’s stock valued at $15,877,000 after buying an additional 16,117 shares in the last quarter. Institutional investors own 97.96% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than IDEX
- What Investors Need to Know to Beat the Market
- Comprehensive PepsiCo Stock Analysis
- The How and Why of Investing in Gold Stocks
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- Investing in Travel Stocks Benefits
- Bear Market Funds to Watch This Year
Receive News & Ratings for IDEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDEX and related companies with MarketBeat.com's FREE daily email newsletter.