IDEX (NYSE:IEX) Issues FY 2025 Earnings Guidance

IDEX (NYSE:IEX - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 8.100-8.450 for the period, compared to the consensus EPS 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 Performance

Shares of IEX traded down $3.67 during mid-day trading on Friday, hitting $195.65. 856,052 shares of the company traded hands, compared to its average volume of 482,422. IDEX has a 1 year low of $189.51 and a 1 year high of $246.36. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.11 and a current ratio of 2.53. The stock has a 50-day moving average price of $216.28 and a two-hundred day moving average price of $211.90. The stock has a market cap 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.

IDEX (NYSE:IEX - Get Free Report) last released its earnings results on Tuesday, February 4th. The industrial products company reported $2.04 earnings per share for the quarter, beating 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%. Equities analysts anticipate that IDEX will post 8.37 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. Stockholders of record on Friday, January 17th were given a dividend of $0.69 per share. The ex-dividend date was Friday, January 17th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 1.41%. IDEX's dividend payout ratio is currently 41.50%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on IEX shares. Stifel Nicolaus boosted their target price on IDEX from $244.00 to $256.00 and gave the company a "buy" rating in a research report on Wednesday, December 11th. Citigroup dropped their price target on IDEX from $269.00 to $267.00 and set a "buy" rating on the stock in a research note on Monday, January 13th. Robert W. Baird decreased their price target on shares of IDEX from $245.00 to $241.00 and set an "outperform" rating for the company in a report on Thursday, October 31st. Finally, Royal Bank of Canada decreased their target price on IDEX from $256.00 to $245.00 and set an "outperform" rating for the company in a report on Thursday. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, IDEX 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.