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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
Buy | 7 | 7 | 6 | 5 | 5 | 5 |
Hold | 3 | 3 | 3 | 3 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 12 | 12 | 11 | 10 | 10 | 10 |
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 | Hold → Strong Buy Upgrades $215 → $265 | Hold → 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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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.