Q4 2024 EPS Estimates for Standex International Co. (NYSE:SXI) Reduced by Analyst

Standex International Co. (NYSE:SXI) – William Blair dropped their Q4 2024 earnings estimates for Standex International in a report released on Monday, May 6th. William Blair analyst R. Sparenblek now anticipates that the industrial products company will post earnings per share of $1.73 for the quarter, down from their prior estimate of $2.38. The consensus estimate for Standex International’s current full-year earnings is $7.23 per share. William Blair also issued estimates for Standex International’s Q3 2025 earnings at $1.98 EPS and FY2025 earnings at $7.80 EPS.

A number of other research firms have also weighed in on SXI. Barrington Research reiterated an “outperform” rating and issued a $180.00 price objective on shares of Standex International in a research note on Monday. StockNews.com cut Standex International from a “strong-buy” rating to a “buy” rating in a report on Monday, February 5th. DA Davidson upped their target price on Standex International from $200.00 to $203.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Benchmark reiterated a “buy” rating and set a $190.00 price target on shares of Standex International in a research report on Friday, May 3rd. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Standex International currently has a consensus rating of “Buy” and a consensus target price of $191.00.

Standex International Price Performance

Shares of NYSE:SXI opened at $173.07 on Wednesday. The company has a current ratio of 3.43, a quick ratio of 2.65 and a debt-to-equity ratio of 0.24. Standex International has a twelve month low of $130.04 and a twelve month high of $184.18. The company’s 50 day moving average is $174.74 and its 200 day moving average is $156.95. The company has a market cap of $2.05 billion, a PE ratio of 28.00, a price-to-earnings-growth ratio of 2.69 and a beta of 1.06.

Standex International (NYSE:SXI) last posted its quarterly earnings results on Thursday, May 2nd. The industrial products company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.08. Standex International had a return on equity of 13.72% and a net margin of 10.11%. The business had revenue of $177.30 million for the quarter, compared to the consensus estimate of $180.06 million. During the same quarter in the previous year, the business earned $1.65 EPS. The company’s quarterly revenue was down 3.8% compared to the same quarter last year.

Hedge Funds Weigh In On Standex International

A number of hedge funds have recently made changes to their positions in the company. Handelsbanken Fonder AB increased its position in shares of Standex International by 3.4% during the fourth quarter. Handelsbanken Fonder AB now owns 152,700 shares of the industrial products company’s stock worth $24,185,000 after purchasing an additional 5,000 shares in the last quarter. Trexquant Investment LP acquired a new stake in shares of Standex International in the third quarter valued at about $1,690,000. Atria Wealth Solutions Inc. lifted its stake in shares of Standex International by 3.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 3,175 shares of the industrial products company’s stock worth $503,000 after buying an additional 108 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in Standex International by 267.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 27,102 shares of the industrial products company’s stock valued at $3,948,000 after acquiring an additional 19,724 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Standex International by 37.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 80,305 shares of the industrial products company’s stock valued at $11,700,000 after acquiring an additional 21,831 shares during the last quarter. Institutional investors and hedge funds own 90.35% of the company’s stock.

Insider Transactions at Standex International

In related news, CEO David A. Dunbar sold 4,901 shares of Standex International stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $180.00, for a total value of $882,180.00. Following the completion of the transaction, the chief executive officer now owns 57,332 shares in the company, valued at approximately $10,319,760. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CFO Ademir Sarcevic sold 2,428 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $154.31, for a total transaction of $374,664.68. Following the completion of the transaction, the chief financial officer now owns 12,071 shares in the company, valued at approximately $1,862,676.01. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO David A. Dunbar sold 4,901 shares of Standex International stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $180.00, for a total value of $882,180.00. Following the completion of the sale, the chief executive officer now owns 57,332 shares in the company, valued at $10,319,760. The disclosure for this sale can be found here. Insiders have sold a total of 16,423 shares of company stock valued at $2,727,661 in the last ninety days. 2.63% of the stock is currently owned by corporate insiders.

Standex International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, May 10th will be given a $0.30 dividend. The ex-dividend date is Thursday, May 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.69%. Standex International’s dividend payout ratio (DPR) is currently 19.42%.

About Standex International

Standex International Corporation, together with subsidiaries, manufactures and sells various products and services for commercial and industrial markets in the United States and internationally. It operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.