What is Zacks Research’s Estimate for IDEX FY2026 Earnings?

IDEX Co. (NYSE:IEX) – Research analysts at Zacks Research dropped their FY2026 earnings estimates for IDEX in a research report issued on Monday, January 27th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $9.22 for the year, down from their previous estimate of $9.24. The consensus estimate for IDEX’s current full-year earnings is $7.88 per share.

IDEX (NYSE:IEX) last posted its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.01. The company had revenue of $798.20 million for the quarter, compared to analyst estimates of $793.05 million. IDEX had a net margin of 15.35% and a return on equity of 15.92%. The business’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the business posted $2.12 EPS.

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

IDEX Stock Up 0.0 %

IEX stock opened at $224.19 on Thursday. IDEX has a twelve month low of $189.51 and a twelve month 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 company has a market cap of $16.98 billion, a PE ratio of 34.70, a price-to-earnings-growth ratio of 2.15 and a beta of 0.97. The business’s 50-day simple moving average is $218.90 and its 200 day simple moving average is $211.89.

IDEX Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a yield of 1.23%. The ex-dividend date was Friday, January 17th. IDEX’s dividend payout ratio is currently 42.72%.

Institutional Trading of IDEX

Large investors have recently added to or reduced their stakes in the company. State Street Corp grew its position 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 worth $647,356,000 after acquiring an additional 15,077 shares during the last quarter. Wellington Management Group LLP boosted its stake in IDEX by 108.4% in the third quarter. Wellington Management Group LLP now owns 2,830,929 shares of the industrial products company’s stock worth $607,234,000 after purchasing an additional 1,472,456 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of IDEX by 1.3% during the third quarter. Geode Capital Management LLC now owns 1,891,175 shares of the industrial products company’s stock worth $404,339,000 after purchasing an additional 23,388 shares during the last quarter. Champlain Investment Partners LLC increased its stake in shares of IDEX by 28.8% in the third quarter. Champlain Investment Partners LLC now owns 1,223,676 shares of the industrial products company’s stock valued at $262,479,000 after buying an additional 273,460 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of IDEX by 1.2% in the third quarter. Barclays PLC now owns 1,177,645 shares of the industrial products company’s stock valued at $252,603,000 after buying an additional 14,360 shares during the last quarter. 97.96% of the stock is owned by institutional investors.

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.