Zacks Research Comments on IDEX’s Q2 Earnings (NYSE:IEX)

IDEX Corporation (NYSE:IEX) – Stock analysts at Zacks Research dropped their Q2 2027 earnings per share (EPS) estimates for IDEX in a note issued to investors on Friday, March 13th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.38 per share for the quarter, down from their prior forecast of $2.39. The consensus estimate for IDEX’s current full-year earnings is $8.26 per share. Zacks Research also issued estimates for IDEX’s Q3 2027 earnings at $2.32 EPS and FY2028 earnings at $10.12 EPS.

IDEX (NYSE:IEX) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.06. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The firm had revenue of $899.10 million for the quarter, compared to the consensus estimate of $882.00 million. During the same period in the prior year, the company posted $2.04 earnings per share. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS.

IEX has been the topic of a number of other reports. Robert W. Baird set a $247.00 price objective on shares of IDEX in a research note on Thursday, February 5th. Citigroup upped their target price on IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. DA Davidson raised their target price on IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Royal Bank Of Canada lifted their price target on IDEX from $211.00 to $244.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Finally, Stifel Nicolaus boosted their price target on IDEX from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $228.22.

IDEX Stock Performance

Shares of IDEX stock opened at $190.34 on Monday. The company has a 50 day moving average of $200.41 and a 200-day moving average of $180.24. IDEX has a 1-year low of $153.36 and a 1-year high of $217.15. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.45. The company has a market cap of $14.15 billion, a PE ratio of 29.69, a price-to-earnings-growth ratio of 1.91 and a beta of 0.98.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Nordea Investment Management AB lifted its stake in IDEX by 193.6% during the third quarter. Nordea Investment Management AB now owns 2,364,312 shares of the industrial products company’s stock worth $382,049,000 after purchasing an additional 1,559,124 shares during the last quarter. Primecap Management Co. CA increased its position in shares of IDEX by 86.5% during the 4th quarter. Primecap Management Co. CA now owns 3,226,787 shares of the industrial products company’s stock valued at $574,174,000 after purchasing an additional 1,496,207 shares during the last quarter. Dodge & Cox raised its holdings in shares of IDEX by 266.7% during the 4th quarter. Dodge & Cox now owns 1,262,550 shares of the industrial products company’s stock valued at $224,658,000 after buying an additional 918,208 shares in the last quarter. Norges Bank purchased a new position in shares of IDEX during the 4th quarter valued at about $162,788,000. Finally, Millennium Management LLC lifted its position in IDEX by 293.6% in the 4th quarter. Millennium Management LLC now owns 1,063,763 shares of the industrial products company’s stock worth $189,286,000 after buying an additional 793,530 shares during the last quarter. Institutional investors own 97.96% of the company’s stock.

About IDEX

IDEX Corporation is a diversified industrial manufacturer specializing in the design, production and distribution of highly engineered fluidics systems, measurement technologies and safety solutions. The company’s core offerings include positive-displacement pumps, flow meters, valves, sampling systems and analytical instruments that serve a wide range of end markets such as water treatment, chemical processing, energy, food and beverage, and life sciences. Through its focus on precision engineering and proprietary material science, IDEX delivers products designed for reliability in demanding applications.

Operations at IDEX are organized into three principal segments.