Zacks Research Weighs in on IDEX's Q2 Earnings (NYSE:IEX)

IDEX Co. (NYSE:IEX - Free Report) - Analysts at Zacks Research lowered their Q2 2025 earnings per share estimates for shares of IDEX in a note issued to investors on Tuesday, February 25th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings of $2.12 per share for the quarter, down from their prior forecast of $2.17. The consensus estimate for IDEX's current full-year earnings is $8.26 per share. Zacks Research also issued estimates for IDEX's Q3 2025 earnings at $2.17 EPS, Q4 2025 earnings at $2.28 EPS, Q1 2026 earnings at $2.03 EPS, Q2 2026 earnings at $2.36 EPS, Q3 2026 earnings at $2.35 EPS, Q4 2026 earnings at $2.41 EPS and FY2026 earnings at $9.15 EPS.

IDEX (NYSE:IEX - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $2.04 EPS for the quarter, beating the consensus estimate of $2.03 by $0.01. IDEX had a net margin of 15.45% and a return on equity of 16.08%.

Several other research firms have also recently commented on IEX. DA Davidson reduced their target price on IDEX from $225.00 to $215.00 and set a "neutral" rating for the company in a research report on Wednesday, February 19th. Royal Bank of Canada cut their price objective on IDEX from $256.00 to $245.00 and set an "outperform" rating for the company in a report on Thursday, February 6th. Citigroup cut their price target on shares of IDEX from $269.00 to $267.00 and set a "buy" rating for the company in a research note on Monday, January 13th. 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 research note on Wednesday, December 11th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, IDEX currently has an average rating of "Moderate Buy" and a consensus price target of $241.71.

IDEX Price Performance

Shares of IEX traded up $0.57 during mid-day trading on Thursday, reaching $194.31. 687,529 shares of the stock traded hands, compared to its average volume of 528,506. IDEX has a 1 year low of $189.51 and a 1 year high of $246.36. The firm has a fifty day moving average price of $207.62 and a 200 day moving average price of $211.61. The company has a current ratio of 2.53, a quick ratio of 1.85 and a debt-to-equity ratio of 0.49. The company has a market cap of $14.73 billion, a price-to-earnings ratio of 29.22, a price-to-earnings-growth ratio of 1.98 and a beta of 0.97.

Institutional Investors Weigh In On IDEX

A number of institutional investors have recently made changes to their positions in IEX. Vanguard Group Inc. boosted its position in IDEX by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 9,306,008 shares of the industrial products company's stock valued at $1,947,654,000 after buying an additional 63,432 shares during the period. Wellington Management Group LLP boosted its position in IDEX by 49.1% during the fourth quarter. Wellington Management Group LLP now owns 4,219,596 shares of the industrial products company's stock valued at $883,119,000 after buying an additional 1,388,667 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in IDEX by 8.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,666,777 shares of the industrial products company's stock valued at $767,421,000 after acquiring an additional 277,964 shares during the period. State Street Corp boosted its holdings in IDEX by 0.5% during the 3rd quarter. State Street Corp now owns 3,017,976 shares of the industrial products company's stock valued at $647,356,000 after acquiring an additional 15,077 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in IDEX by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 1,912,933 shares of the industrial products company's stock valued at $399,350,000 after acquiring an additional 21,758 shares during the period. Hedge funds and other institutional investors own 97.96% of the company's stock.

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.