IDEX Corporation (IEX)
NYSE: IEX · Real-Time Price · USD
212.38
+2.12 (1.01%)
Dec 20, 2024, 4:00 PM EST - Market closed
IDEX Corporation Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for IDEX Corporation stock have an average target of 243.14, with a low estimate of 210 and a high estimate of 269. The average target predicts an increase of 14.48% from the current stock price of 212.38.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for IEX stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $244 → $256 | Strong Buy | Maintains | $244 → $256 | +20.54% | Dec 11, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $251 → $269 | Strong Buy | Maintains | $251 → $269 | +26.66% | Dec 9, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $248 → $258 | Buy | Maintains | $248 → $258 | +21.48% | Dec 6, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $236 → $248 | Buy | Maintains | $236 → $248 | +16.77% | Oct 31, 2024 |
| Baird | Baird | Buy Maintains $245 → $241 | Buy | Maintains | $245 → $241 | +13.48% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
3.31B
from 3.27B
Increased by 1.01%
Revenue Next Year
3.56B
from 3.31B
Increased by 7.71%
EPS This Year
7.96
from 7.85
Increased by 1.34%
EPS Next Year
8.66
from 7.96
Increased by 8.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.5B | 3.8B | 4.2B | ||
| Avg | 3.3B | 3.6B | 3.8B | ||
| Low | 3.2B | 3.3B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.4% | 13.9% | 18.3% | ||
| Avg | 1.0% | 7.7% | 6.9% | ||
| Low | -3.4% | -0.2% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.30 | 9.78 | 10.54 | ||
| Avg | 7.96 | 8.66 | 9.37 | ||
| Low | 7.69 | 8.18 | 7.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.7% | 22.9% | 21.7% | ||
| Avg | 1.3% | 8.9% | 8.2% | ||
| Low | -2.0% | 2.8% | -9.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.