Standex International Co. Expected to Earn Q4 2024 Earnings of $1.70 Per Share (NYSE:SXI)

Standex International Co. (NYSE:SXI) – Equities researchers at Barrington Research decreased their Q4 2024 earnings per share (EPS) estimates for shares of Standex International in a note issued to investors on Monday, May 6th. Barrington Research analyst G. Prestopino now anticipates that the industrial products company will earn $1.70 per share for the quarter, down from their previous estimate of $1.86. Barrington Research currently has a “Outperform” rating and a $180.00 target price on the stock. The consensus estimate for Standex International’s current full-year earnings is $7.23 per share. Barrington Research also issued estimates for Standex International’s Q4 2025 earnings at $1.91 EPS.

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

Other research analysts have also recently issued research reports about the stock. Benchmark reiterated a “buy” rating and issued a $190.00 target price on shares of Standex International in a research note on Friday, May 3rd. DA Davidson lifted their price objective on Standex International from $200.00 to $203.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, StockNews.com cut Standex International from a “strong-buy” rating to a “buy” rating in a report on Monday, February 5th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $191.00.

Standex International Price Performance

NYSE:SXI opened at $173.07 on Wednesday. The company has a quick ratio of 2.65, a current ratio of 3.43 and a debt-to-equity ratio of 0.24. The firm 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 has a 12 month low of $130.04 and a 12 month high of $184.18. The company’s 50-day moving average price is $174.74 and its two-hundred day moving average price is $156.95.

Standex International Announces Dividend

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

Insiders Place Their Bets

In other news, VP Alan J. Glass sold 1,619 shares of Standex International stock in a transaction on Friday, February 9th. The stock was sold at an average price of $152.92, for a total value of $247,577.48. Following the completion of the sale, the vice president now directly owns 19,224 shares of the company’s stock, valued at approximately $2,939,734.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Standex International news, CFO Ademir Sarcevic sold 2,428 shares of the company’s stock in a transaction on 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 sale, the chief financial officer now owns 12,071 shares in the company, valued at approximately $1,862,676.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Alan J. Glass sold 1,619 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $152.92, for a total value of $247,577.48. Following the completion of the transaction, the vice president now owns 19,224 shares in the company, valued at $2,939,734.08. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,423 shares of company stock valued at $2,727,661. 2.63% of the stock is currently owned by corporate 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. Raymond James & Associates increased its position in shares of Standex International by 4.0% in the 3rd quarter. Raymond James & Associates now owns 12,360 shares of the industrial products company’s stock valued at $1,801,000 after buying an additional 478 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Standex International by 20.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,692 shares of the industrial products company’s stock worth $392,000 after purchasing an additional 461 shares during the period. Park Avenue Securities LLC bought a new position in shares of Standex International during the 3rd quarter valued at about $293,000. Assetmark Inc. acquired a new position in shares of Standex International in the 3rd quarter valued at approximately $1,163,000. Finally, Teacher Retirement System of Texas increased its stake in Standex International by 114.5% during the 3rd quarter. Teacher Retirement System of Texas now owns 12,802 shares of the industrial products company’s stock worth $1,865,000 after purchasing an additional 6,833 shares in the last quarter. Institutional investors own 90.35% of the company’s stock.

Standex International Company Profile

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.