IDEX Corporation (NYSE:IEX) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of IDEX Corporation (NYSE:IEX) have been given an average rating of “Moderate Buy” by the eight research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $228.2222.

Several equities research analysts have recently commented on the company. Robert W. Baird set a $247.00 price target on IDEX in a research note on Thursday, February 5th. Argus upgraded 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. Stifel Nicolaus lifted their price target on IDEX from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. TD Cowen increased their price objective on shares of IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Citigroup lifted their target price on shares of IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th.

Hedge Funds Weigh In On IDEX

Several hedge funds have recently bought and sold shares of the stock. GoalVest Advisory LLC acquired a new stake in shares of IDEX during the fourth quarter valued at $26,000. Laurel Wealth Advisors LLC acquired a new stake in shares of IDEX during the 4th quarter worth about $27,000. Capital A Wealth Management LLC purchased a new stake in shares of IDEX during the second quarter worth about $28,000. UMB Bank n.a. raised its position in shares of IDEX by 61.0% in the third quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after buying an additional 75 shares during the last quarter. Finally, Loomis Sayles & Co. L P purchased a new position in shares of IDEX during the second quarter valued at approximately $33,000. Hedge funds and other institutional investors own 97.96% of the company’s stock.

IDEX Stock Performance

Shares of IEX stock opened at $209.06 on Monday. 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 stock has a 50 day simple moving average of $196.09 and a 200-day simple moving average of $177.49. The company has a market cap of $15.54 billion, a price-to-earnings ratio of 32.61, a price-to-earnings-growth ratio of 2.11 and a beta of 0.98. IDEX has a 12-month low of $153.36 and a 12-month high of $217.15.

IDEX (NYSE:IEX) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.06. The firm had revenue of $899.10 million for the quarter, compared to analyst estimates of $882.00 million. IDEX had a return on equity of 15.03% and a net margin of 13.98%.IDEX’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.04 earnings per share. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. On average, equities analysts forecast that IDEX will post 8.26 EPS for the current year.

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.