IDEX (NYSE:IEX – Get Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.600-1.650 for the period, compared to the consensus estimate of 2.030. The company issued revenue guidance of -. IDEX also updated its FY 2025 guidance to 8.100-8.450 EPS.
IDEX Trading Down 0.2 %
NYSE IEX traded down $0.41 during trading on Tuesday, hitting $218.45. The company had a trading volume of 602,537 shares, compared to its average volume of 441,479. The company has a current ratio of 2.97, a quick ratio of 2.11 and a debt-to-equity ratio of 0.54. IDEX has a one year low of $189.51 and a one year high of $246.36. The company has a market cap of $16.54 billion, a price-to-earnings ratio of 33.82, a price-to-earnings-growth ratio of 2.21 and a beta of 0.97. The company’s fifty day moving average is $218.56 and its 200-day moving average is $211.99.
IDEX (NYSE:IEX – Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $2.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.01. IDEX had a net margin of 15.35% and a return on equity of 15.92%. On average, sell-side analysts predict that IDEX will post 7.88 earnings per share for the current year.
IDEX Dividend Announcement
Analysts Set New Price Targets
A number of brokerages have recently issued reports on IEX. Citigroup dropped their price target on shares of IDEX from $269.00 to $267.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Royal Bank of Canada raised their price objective on shares of IDEX from $248.00 to $258.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Robert W. Baird lowered their price target on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Finally, Stifel Nicolaus lifted their price objective on shares of IDEX from $244.00 to $256.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $242.86.
Check Out Our Latest Research Report on IEX
IDEX Company Profile
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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