IDEX Corporation (IEX)
NYSE: IEX · Real-Time Price · USD
219.75
+3.70 (1.71%)
Nov 4, 2024, 12:49 PM EST - Market open
IDEX Corporation Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for IDEX Corporation stock have an average target of 241.14, with a low estimate of 210 and a high estimate of 277. The average target predicts an increase of 9.73% from the current stock price of 219.75.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 5 | 5 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 0 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 6 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $236 → $248 | Buy | Maintains | $236 → $248 | +12.86% | Oct 31, 2024 |
| Baird | Baird | Buy Maintains $245 → $241 | Buy | Maintains | $245 → $241 | +9.67% | Oct 31, 2024 |
| Stifel | Stifel | Strong Buy Maintains $232 → $244 | Strong Buy | Maintains | $232 → $244 | +11.04% | Oct 16, 2024 |
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 14, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $240 → $230 | Strong Buy | Maintains | $240 → $230 | +4.66% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
3.27B
from 3.27B
Decreased by -0.27%
Revenue Next Year
3.45B
from 3.27B
Increased by 5.76%
EPS This Year
7.94
from 7.85
Increased by 1.21%
EPS Next Year
8.64
from 7.94
Increased by 8.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.5B | 3.8B | 4.0B | ||
| Avg | 3.3B | 3.5B | 3.7B | ||
| Low | 3.1B | 3.3B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.5% | 15.1% | 15.3% | ||
| Avg | -0.3% | 5.8% | 6.9% | ||
| Low | -4.0% | -0.5% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.30 | 9.22 | 10.19 | ||
| Avg | 7.94 | 8.64 | 9.19 | ||
| Low | 7.69 | 8.13 | 7.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.7% | 16.0% | 17.9% | ||
| Avg | 1.2% | 8.7% | 6.4% | ||
| Low | -2.0% | 2.4% | -8.9% |
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.