Brokers Set Expectations for IDEX’s Q2 Earnings (NYSE:IEX)

IDEX Corporation (NYSE:IEX) – Equities researchers at Zacks Research decreased their Q2 2027 EPS estimates for shares of IDEX in a research report issued to clients and investors on Friday, March 13th. Zacks Research analyst Team now anticipates that the industrial products company will earn $2.38 per share for the quarter, down from their prior estimate 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 released its earnings results on Wednesday, February 4th. The industrial products company reported $2.10 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $882.00 million. During the same quarter last year, the business earned $2.04 EPS. The business’s revenue 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.

Several other equities analysts have also recently issued reports on IEX. Citigroup boosted their target price on IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a research 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. DA Davidson upped their price objective on IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Oppenheimer reissued an “outperform” rating and issued a $230.00 target price on shares of IDEX in a report on Thursday, February 5th. Finally, Argus upgraded shares of IDEX from a “hold” rating to a “buy” rating and set a $240.00 target price on the stock in a research report on Friday, February 6th. Six 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, IDEX presently has a consensus rating of “Moderate Buy” and an average target price of $228.22.

IDEX Price Performance

Shares of NYSE:IEX opened at $189.47 on Monday. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.45. The company has a market cap of $14.09 billion, a P/E ratio of 29.56, a PEG ratio of 1.90 and a beta of 0.98. IDEX has a 52 week low of $153.36 and a 52 week high of $217.15. The company has a 50-day moving average price of $200.27 and a 200 day moving average price of $180.05.

Hedge Funds Weigh In On IDEX

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Osbon Capital Management LLC acquired a new stake in IDEX in the fourth quarter valued at $91,000. Pacer Advisors Inc. raised its stake in shares of IDEX by 4.9% during the 4th quarter. Pacer Advisors Inc. now owns 6,393 shares of the industrial products company’s stock worth $1,138,000 after buying an additional 297 shares during the last quarter. Alberta Investment Management Corp acquired a new position in shares of IDEX during the 4th quarter worth $1,406,000. Mercer Global Advisors Inc. ADV boosted its position in shares of IDEX by 55.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,572 shares of the industrial products company’s stock worth $1,703,000 after buying an additional 3,415 shares in the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in shares of IDEX in the 4th quarter worth about $210,000. 97.96% of the stock is owned by institutional investors and hedge funds.

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.