IDEX Corporation (IEX)
NYSE: IEX · IEX Real-Time Price · USD
244.02
-1.07 (-0.44%)
Mar 28, 2024, 4:00 PM EDT - Market closed

IDEX Corporation Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for IDEX Corporation stock have an average target of 243, with a low estimate of 200 and a high estimate of 275. The average target predicts a decrease of -0.42% from the current stock price of 244.02.

Analyst Consensus: Buy
Target Low Average Median High
Price $200 $243 $250 $275
Change -18.04% -0.42% +2.45% +12.70%

Analyst Ratings

The average analyst rating for IEX stock from 10 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222233
Buy 776555
Hold 333322
Sell 000000
Strong Sell 000000
Total 121211101010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Reiterates
$255
Buy Reiterates $255 +4.50% Mar 21, 2024
RBC Capital
RBC Capital
Buy
Maintains
$234$255
Buy Maintains $234$255 +4.50% Feb 8, 2024
Stifel
Stifel
Strong Buy
Upgrades
$215$265
Strong Buy Upgrades $215$265 +8.60% Feb 8, 2024
Stifel
Stifel
Hold
Maintains
$214$215
Hold Maintains $214$215 -11.89% Jan 23, 2024
Stifel
Stifel
Hold
Maintains
$213$214
Hold Maintains $213$214 -12.30% Dec 19, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
3.38B
from 3.27B
Increased by 3.21%
Revenue Next Year
3.56B
from 3.38B
Increased by 5.27%
EPS This Year
8.42
from 7.85
Increased by 7.28%
EPS Next Year
9.18
from 8.42
Increased by 8.96%
Year 201920202021202220232024202520262027
Revenue
2.49B2.35B2.76B3.18B3.27B3.38B3.56B3.85B4.42B
Revenue Growth
0.44%-5.73%17.57%15.09%2.89%3.21%5.27%8.18%14.97%
EPS
5.564.945.887.717.858.429.1810.0312.09
EPS Growth
5.10%-11.15%19.03%31.12%1.82%7.28%8.96%9.29%20.61%
No. Analysts -----171663
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 3.5B 3.8B 4.2B 5.1B
Avg 3.4B 3.6B 3.8B 4.4B
Low 3.2B 3.3B 3.6B 3.8B

Revenue Growth

Revenue Growth 2024202520262027
High
8.2%
12.2%
17.7%
33.8%
Avg
3.2%
5.3%
8.2%
15.0%
Low
-1.2%
-1.1%
1.2%
-1.7%

EPS Forecast

EPS 2024202520262027
High 8.87 10.03 11.04 13.68
Avg 8.42 9.18 10.03 12.09
Low 8.08 8.00 8.92 10.70

EPS Growth

EPS Growth 2024202520262027
High
13.0%
19.1%
20.3%
36.4%
Avg
7.3%
9.0%
9.3%
20.6%
Low
3.0%
-5.0%
-2.8%
6.7%
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.