Standex International Corporation (NYSE:SXI – Get Free Report) has earned a consensus rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $304.00.
Several research analysts have weighed in on SXI shares. JPMorgan Chase & Co. initiated coverage on Standex International in a research report on Wednesday, October 14th. They issued a “neutral” rating and a $320.00 price objective on the stock. Weiss Ratings lowered Standex International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 18th. Finally, DA Davidson reiterated a “buy” rating and set a $350.00 target price on shares of Standex International in a report on Thursday, August 20th.
View Our Latest Report on Standex International
Key Stories Impacting Standex International
Here are the key news stories impacting Standex International this week:
- Positive Sentiment: Standex reported record quarterly sales of approximately $232.6 million, up 7% year over year and 12.4% organically. Electronics was particularly strong, with organic growth of 29.5%. Standex Reports Fiscal First Quarter 2027 Financial Results
- Positive Sentiment: Adjusted earnings reached $2.41 per share, exceeding the $2.34 analyst consensus, while adjusted operating margin expanded to 20.2% from the prior year. Record order intake of roughly $273 million and a 1.17 book-to-bill ratio indicate solid demand and future revenue visibility. Standex Beats Q1 Earnings and Revenue Estimates
- Positive Sentiment: Management raised its fiscal 2027 outlook, projecting more than $100 million of organic sales growth and high-teens adjusted EPS growth. The company also authorized a new $100 million share-repurchase program, supported by its balance sheet and liquidity. Standex Announces $100 Million Equity Buyback
- Neutral Sentiment: The earnings-call transcript and presentation provide additional management and analyst discussion of the quarter, demand trends, margins and the updated outlook. Standex Q1 2027 Earnings Call Transcript
- Negative Sentiment: Despite the earnings beat, SXI trades well below its 52-week high and below its 50-day and 200-day moving averages. With a P/E near 28, investors may be demanding stronger forward execution, contributing to weakness after the results.
Standex International Price Performance
Shares of NYSE:SXI opened at $243.82 on Wednesday. The stock’s 50 day moving average price is $273.65 and its 200 day moving average price is $277.60. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 25.94, a PEG ratio of 2.71 and a beta of 1.07. Standex International has a 12 month low of $215.62 and a 12 month high of $363.89. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.19 and a quick ratio of 2.30.
Standex International (NYSE:SXI – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The industrial products company reported $2.41 EPS for the quarter, topping the consensus estimate of $2.34 by $0.07. The company had revenue of $232.57 million for the quarter, compared to the consensus estimate of $229.65 million. Standex International had a return on equity of 14.84% and a net margin of 12.54%. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.99 EPS. Equities research analysts anticipate that Standex International will post 9.98 earnings per share for the current fiscal year.
Standex International Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, November 6th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 0.6%. This is an increase from Standex International’s previous quarterly dividend of $0.34. The ex-dividend date is Friday, November 6th. Standex International’s dividend payout ratio (DPR) is 14.47%.
Insider Buying and Selling
In other Standex International news, CEO David Dunbar sold 13,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $290.82, for a total value of $3,780,660.00. Following the transaction, the chief executive officer directly owned 75,973 shares of the company’s stock, valued at $22,094,467.86. This trade represents a 14.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.00% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in shares of Standex International by 13.1% during the second quarter. GAMMA Investing LLC now owns 303 shares of the industrial products company’s stock worth $108,000 after buying an additional 35 shares during the period. Personal CFO Solutions LLC increased its position in Standex International by 2.3% in the 1st quarter. Personal CFO Solutions LLC now owns 2,377 shares of the industrial products company’s stock worth $606,000 after buying an additional 54 shares during the period. Nisa Investment Advisors LLC boosted its holdings in Standex International by 8.3% during the third quarter. Nisa Investment Advisors LLC now owns 823 shares of the industrial products company’s stock worth $225,000 after buying an additional 63 shares during the last quarter. Cedar Mountain Advisors LLC bought a new position in shares of Standex International during the first quarter worth approximately $29,000. Finally, Transamerica Financial Advisors LLC bought a new stake in Standex International in the second quarter valued at approximately $42,000. 90.35% of the stock is owned by hedge funds and other institutional investors.
About Standex International
Standex International Corporation (NYSE:SXI) is a diversified industrial manufacturer that develops and produces specialized equipment, components and engineered products for customers in a range of commercial and industrial markets. The company serves original equipment manufacturers and other businesses through a portfolio of operations focused on applications requiring specialized technology, precision manufacturing and customized solutions.
Its businesses include Standex Electronics, which makes sensors, switches, relays, magnetic components and power magnetics; Standex Engraving, which provides engraved tooling, mold texturing and patterned rolls for plastics, packaging and other manufacturing applications; and Standex Engineering Technologies, which develops engineered components and systems for industrial and mobile equipment.
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