IDEX Corporation (NYSE:IEX) Receives Consensus Rating of “Moderate Buy” from Analysts

IDEX Corporation (NYSE:IEX) has received an average rating of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $228.90.

Several research firms recently commented on IEX. Argus raised IDEX from a “hold” rating to a “buy” rating and set a $240.00 price objective for the company in a research note on Friday, February 6th. Oppenheimer reissued an “outperform” rating and issued a $230.00 price objective on shares of IDEX in a research note on Thursday, February 5th. DA Davidson increased their price objective on IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. TD Cowen increased their price objective on IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Robert W. Baird set a $247.00 price objective on IDEX in a research note on Thursday, February 5th.

IDEX Trading Up 0.2%

Shares of IEX stock opened at $206.40 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.86 and a quick ratio of 2.02. The company has a market cap of $15.35 billion, a price-to-earnings ratio of 32.20, a PEG ratio of 2.08 and a beta of 0.99. The stock has a 50 day simple moving average of $199.18 and a 200-day simple moving average of $185.65. IDEX has a 1-year low of $157.25 and a 1-year high of $217.15.

IDEX (NYSE:IEX) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.06. IDEX had a return on equity of 15.03% and a net margin of 13.98%.The business had revenue of $899.10 million during the quarter, compared to the consensus estimate of $882.00 million. During the same period in the prior year, the company posted $2.04 EPS. The business’s quarterly revenue was up 4.2% on a year-over-year basis. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. On average, equities research analysts expect that IDEX will post 8.24 EPS for the current fiscal year.

Institutional Trading of IDEX

Large investors have recently added to or reduced their stakes in the stock. GoalVest Advisory LLC purchased a new stake in IDEX in the 4th quarter valued at $26,000. Laurel Wealth Advisors LLC purchased a new stake in IDEX in the 4th quarter valued at $27,000. Capital A Wealth Management LLC purchased a new stake in IDEX in the 2nd quarter valued at $28,000. UMB Bank n.a. grew its holdings in IDEX by 61.0% in the 3rd quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after buying an additional 75 shares in the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in IDEX in the 2nd quarter valued at $35,000. 97.96% of the stock is currently owned by hedge funds and other institutional investors.

About IDEX

IDEX Corporation is a diversified industrial manufacturer specializing in the design, production and distribution of highly engineered fluidics systems, measurement technologies and safety solutions. The company’s core offerings include positive-displacement pumps, flow meters, valves, sampling systems and analytical instruments that serve a wide range of end markets such as water treatment, chemical processing, energy, food and beverage, and life sciences. Through its focus on precision engineering and proprietary material science, IDEX delivers products designed for reliability in demanding applications.

Operations at IDEX are organized into three principal segments.