Analysts Set Expectations for SXI FY2027 Earnings

Standex International Corporation (NYSE:SXI) – Research analysts at William Blair issued their FY2027 earnings per share estimates for Standex International in a research note issued on Monday, August 4th. William Blair analyst R. Sparenblek anticipates that the industrial products company will earn $11.35 per share for the year. The consensus estimate for Standex International’s current full-year earnings is $7.90 per share.

Standex International (NYSE:SXI) last issued its earnings results on Thursday, July 31st. The industrial products company reported $2.28 EPS for the quarter, beating the consensus estimate of $2.10 by $0.18. Standex International had a return on equity of 13.92% and a net margin of 7.06%. The business had revenue of $222.05 million for the quarter, compared to the consensus estimate of $214.44 million. During the same period last year, the business posted $1.76 EPS. The company’s revenue was up 23.2% compared to the same quarter last year.

A number of other equities research analysts have also weighed in on the stock. Barrington Research reiterated an “outperform” rating and set a $220.00 target price on shares of Standex International in a research note on Tuesday, July 29th. Wall Street Zen cut Standex International from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Roth Capital reissued a “buy” rating and issued a $205.00 target price (up from $175.00) on shares of Standex International in a research report on Monday. Finally, DA Davidson upped their price target on shares of Standex International from $200.00 to $219.00 and gave the company a “buy” rating in a research report on Monday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Standex International has a consensus rating of “Moderate Buy” and an average target price of $223.50.

Standex International Stock Down 0.1%

Shares of Standex International stock opened at $193.72 on Wednesday. Standex International has a twelve month low of $128.85 and a twelve month high of $212.65. The company has a quick ratio of 2.56, a current ratio of 2.88 and a debt-to-equity ratio of 0.78. The company’s 50 day moving average is $161.23 and its 200 day moving average is $164.52. The company has a market cap of $2.34 billion, a price-to-earnings ratio of 41.75, a price-to-earnings-growth ratio of 2.47 and a beta of 1.11.

Standex International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Friday, August 8th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Friday, August 8th. This represents a $1.28 annualized dividend and a dividend yield of 0.7%. Standex International’s dividend payout ratio (DPR) is 27.59%.

Insider Activity at Standex International

In related news, Director Barbara Joanne Edwards sold 355 shares of the business’s stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $156.13, for a total transaction of $55,426.15. Following the completion of the transaction, the director directly owned 5,259 shares in the company, valued at approximately $821,087.67. The trade was a 6.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Standex International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SXI. Whittier Trust Co. boosted its position in shares of Standex International by 46.3% in the first quarter. Whittier Trust Co. now owns 218 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 69 shares during the period. TD Private Client Wealth LLC lifted its stake in shares of Standex International by 29.9% during the 1st quarter. TD Private Client Wealth LLC now owns 330 shares of the industrial products company’s stock valued at $53,000 after buying an additional 76 shares in the last quarter. Maryland State Retirement & Pension System boosted its holdings in Standex International by 2.2% in the 2nd quarter. Maryland State Retirement & Pension System now owns 3,548 shares of the industrial products company’s stock worth $555,000 after buying an additional 76 shares during the period. Moody National Bank Trust Division increased its stake in Standex International by 5.4% in the 2nd quarter. Moody National Bank Trust Division now owns 1,492 shares of the industrial products company’s stock worth $233,000 after buying an additional 77 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake in Standex International by 25.9% in the 1st quarter. Versant Capital Management Inc now owns 379 shares of the industrial products company’s stock worth $61,000 after buying an additional 78 shares in the last quarter. Institutional investors own 90.35% of the company’s stock.

About Standex International

Standex International Corporation, together with subsidiaries, engages in the manufacture and sale of 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.