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.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the stock. Royal Bank of Canada lifted their target price on shares of IDEX from $248.00 to $258.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Stifel Nicolaus lifted their target price 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. Robert W. Baird lowered their target price 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. Finally, Citigroup reduced their price target on IDEX from $269.00 to $267.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Three 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 target price of $242.86.
Check Out Our Latest Report on IDEX
IDEX Stock Down 0.2 %
IDEX (NYSE:IEX – Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $2.04 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.01. IDEX had a return on equity of 15.92% and a net margin of 15.35%. As a group, analysts forecast that IDEX will post 7.88 EPS for the current fiscal year.
IDEX Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were paid a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Friday, January 17th. IDEX’s dividend payout ratio (DPR) is presently 42.72%.
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.
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