IDEX Corporation (NYSE:IEX) Given Consensus Recommendation of “Moderate Buy” by Analysts
by Amy Steele · The Cerbat GemShares of IDEX Corporation (NYSE:IEX – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $226.80.
IEX has been the topic of several recent analyst reports. BMO Capital Markets initiated coverage on shares of IDEX in a research report on Friday, March 27th. They set a “market perform” rating and a $214.00 price objective on the stock. DA Davidson increased their price objective on shares of IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Argus raised shares of IDEX from a “hold” rating to a “buy” rating and set a $240.00 price objective on the stock in a research report on Friday, February 6th. Oppenheimer reissued an “outperform” rating and set a $230.00 price objective on shares of IDEX in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada increased their price objective on shares of IDEX from $211.00 to $244.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th.
Check Out Our Latest Research Report on IDEX
IDEX Stock Performance
Shares of IEX stock opened at $205.03 on Tuesday. IDEX has a one year low of $157.25 and a one year high of $217.15. The company’s 50-day moving average is $199.81 and its 200 day moving average is $184.23. The company has a market capitalization of $15.24 billion, a price-to-earnings ratio of 31.99, a price-to-earnings-growth ratio of 2.03 and a beta of 0.99. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.02 and a current ratio of 2.86.
IDEX (NYSE:IEX – Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 EPS for the quarter, beating the consensus estimate of $2.04 by $0.06. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The company 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 firm posted $2.04 EPS. IDEX’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. Sell-side analysts expect that IDEX will post 8.26 EPS for the current fiscal year.
Hedge Funds Weigh In On IDEX
Hedge funds and other institutional investors have recently bought and sold shares of the stock. GoalVest Advisory LLC bought a new position in IDEX during the 4th quarter valued at about $26,000. Laurel Wealth Advisors LLC bought a new position in IDEX during the 4th quarter valued at about $27,000. Capital A Wealth Management LLC bought a new position in IDEX during the 2nd quarter valued at about $28,000. UMB Bank n.a. lifted its stake in IDEX by 61.0% during the 3rd quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 75 shares during the period. Finally, CYBER HORNET ETFs LLC bought a new position in IDEX during the 2nd quarter valued at about $35,000. Institutional investors own 97.96% of the company’s stock.
IDEX Company Profile
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.