IDEX (NYSE:IEX) Updates Q1 2025 Earnings Guidance

IDEX (NYSE:IEX - Get Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.600-1.650 for the period, compared to the consensus earnings per share estimate of 2.030. The company issued revenue guidance of -. IDEX also updated its FY 2025 guidance to 8.100-8.450 EPS.

IDEX Trading Down 1.8 %

Shares of IDEX stock traded down $3.67 during trading on Friday, reaching $195.65. 856,052 shares of the company were exchanged, compared to its average volume of 482,422. IDEX has a twelve month low of $189.51 and a twelve month high of $246.36. The business has a 50-day moving average price of $216.28 and a 200-day moving average price of $211.90. The firm has a market capitalization of $14.81 billion, a price-to-earnings ratio of 29.42, a P/E/G ratio of 1.98 and a beta of 0.97. The company has a quick ratio of 2.11, a current ratio of 2.53 and a debt-to-equity ratio of 0.49.

IDEX (NYSE:IEX - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $2.04 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.01. IDEX had a return on equity of 16.08% and a net margin of 15.45%. Sell-side analysts anticipate that IDEX will post 8.37 EPS for the current fiscal year.

IDEX Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were given a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend was Friday, January 17th. IDEX's dividend payout ratio (DPR) is presently 41.50%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Citigroup cut 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. Robert W. Baird lowered their target price on IDEX from $245.00 to $241.00 and set an "outperform" rating for the company in a report on Thursday, October 31st. Royal Bank of Canada reduced their price target on shares of IDEX from $256.00 to $245.00 and set an "outperform" rating for the company in a research report on Thursday. Finally, Stifel Nicolaus boosted their price target on shares of IDEX from $244.00 to $256.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $241.00.

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.