Q4 2024 Earnings Forecast for Standex International Co. (NYSE:SXI) Issued By Barrington Research

Standex International Co. (NYSE:SXI) – Stock analysts at Barrington Research cut their Q4 2024 EPS estimates for Standex International in a report released on Monday, May 6th. Barrington Research analyst G. Prestopino now forecasts that the industrial products company will post earnings per share of $1.70 for the quarter, down from their previous estimate of $1.86. Barrington Research has a “Outperform” rating and a $180.00 price objective 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 released its quarterly earnings results on Thursday, May 2nd. The industrial products company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.08. The business had revenue of $177.30 million for the quarter, compared to the consensus estimate of $180.06 million. Standex International had a net margin of 10.11% and a return on equity of 13.72%. The company’s quarterly revenue was down 3.8% on a year-over-year basis. During the same period last year, the firm earned $1.65 earnings per share.

SXI has been the subject of a number of other reports. Benchmark reissued a “buy” rating and issued a $190.00 price objective on shares of Standex International in a research note on Friday, May 3rd. DA Davidson increased their price objective on shares of Standex International from $200.00 to $203.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, StockNews.com cut shares of Standex International from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 5th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $191.00.

Standex International Stock Performance

Shares of NYSE SXI opened at $166.69 on Wednesday. The firm has a fifty day moving average price of $174.64 and a 200-day moving average price of $156.83. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.43 and a quick ratio of 2.65. The stock has a market cap of $1.98 billion, a PE ratio of 26.97, a price-to-earnings-growth ratio of 2.69 and a beta of 1.06. Standex International has a 1 year low of $128.27 and a 1 year high of $184.18.

Institutional Investors Weigh In On Standex International

Several institutional investors have recently made changes to their positions in the company. Atria Wealth Solutions Inc. lifted its holdings in shares of Standex International by 3.5% in the 4th quarter. Atria Wealth Solutions Inc. now owns 3,175 shares of the industrial products company’s stock worth $503,000 after acquiring an additional 108 shares during the last quarter. Texas Permanent School Fund Corp lifted its holdings in Standex International by 1.1% during the 1st quarter. Texas Permanent School Fund Corp now owns 10,389 shares of the industrial products company’s stock valued at $1,893,000 after buying an additional 109 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in Standex International by 7.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,835 shares of the industrial products company’s stock valued at $291,000 after buying an additional 126 shares in the last quarter. Comerica Bank lifted its holdings in Standex International by 1.7% during the 4th quarter. Comerica Bank now owns 7,638 shares of the industrial products company’s stock valued at $1,210,000 after buying an additional 129 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in Standex International by 11.9% during the 4th quarter. Benjamin Edwards Inc. now owns 1,362 shares of the industrial products company’s stock valued at $216,000 after buying an additional 145 shares in the last quarter. Institutional investors own 90.35% of the company’s stock.

Insiders Place Their Bets

In other Standex International news, CEO David A. Dunbar sold 5,000 shares of Standex International stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $165.00, for a total value of $825,000.00. Following the completion of the transaction, the chief executive officer now directly owns 62,233 shares of the company’s stock, valued at approximately $10,268,445. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO David A. Dunbar sold 5,000 shares of the firm’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $165.00, for a total value of $825,000.00. Following the completion of the sale, the chief executive officer now owns 62,233 shares in the company, valued at approximately $10,268,445. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David A. Dunbar sold 4,901 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $180.00, for a total transaction of $882,180.00. Following the completion of the sale, the chief executive officer now owns 57,332 shares of the company’s stock, valued at approximately $10,319,760. The disclosure for this sale can be found here. Insiders sold 16,423 shares of company stock valued at $2,727,661 in the last three months. Corporate insiders own 2.63% of the company’s stock.

Standex International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, May 10th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.72%. Standex International’s payout ratio 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.