IDEX (NYSE:IEX) Updates FY 2025 Earnings Guidance

IDEX (NYSE:IEX) updated its FY 2025 earnings guidance on Tuesday. 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 Down 0.2 %

Shares of IDEX stock traded down $0.41 on Tuesday, hitting $218.45. 602,537 shares of the company’s stock traded hands, compared to its average volume of 441,479. IDEX has a 52-week low of $189.51 and a 52-week high of $246.36. The company has a quick ratio of 2.11, a current ratio of 2.97 and a debt-to-equity ratio of 0.54. The stock has a market cap of $16.54 billion, a P/E ratio of 33.82, a PEG ratio of 2.21 and a beta of 0.97. The firm’s 50-day moving average is $218.56 and its 200 day moving average is $211.99.

IDEX (NYSE:IEX) last posted 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 net margin of 15.35% and a return on equity of 15.92%. Equities analysts anticipate that IDEX will post 7.88 earnings per share for the current year.

IDEX Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were issued a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend was Friday, January 17th. IDEX’s dividend payout ratio is presently 42.72%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on IEX shares. Stifel Nicolaus raised their price objective on IDEX from $244.00 to $256.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Royal Bank of Canada raised their price target on shares of IDEX from $248.00 to $258.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Citigroup lowered 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. Finally, Robert W. Baird decreased their target price on IDEX from $245.00 to $241.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $242.86.

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.