Standex International (NYSE:SXI) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Standex International Corporation (NYSE:SXI) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $214.01 and traded as high as $252.08. Standex International shares last traded at $250.1750, with a volume of 140,551 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SXI. Barrington Research reiterated an “outperform” rating and set a $260.00 target price on shares of Standex International in a research report on Thursday, November 20th. Wall Street Zen downgraded shares of Standex International from a “buy” rating to a “hold” rating in a research note on Monday, December 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Standex International in a research report on Wednesday, October 8th. Roth Capital boosted their target price on shares of Standex International from $205.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, DA Davidson reaffirmed a “buy” rating and issued a $272.00 price target on shares of Standex International in a report on Monday, November 24th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $264.00.

Standex International Trading Down 0.2%

The firm has a market capitalization of $3.03 billion, a P/E ratio of 57.38 and a beta of 1.12. The stock has a 50-day simple moving average of $234.50 and a two-hundred day simple moving average of $214.01. The company has a current ratio of 2.87, a quick ratio of 2.07 and a debt-to-equity ratio of 0.77.

Standex International (NYSE:SXI) last issued its earnings results on Friday, October 31st. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.05. Standex International had a net margin of 6.29% and a return on equity of 14.20%. The company had revenue of $217.43 million for the quarter, compared to analysts’ expectations of $215.96 million. During the same period in the prior year, the business earned $1.84 EPS. The firm’s quarterly revenue was up 27.5% on a year-over-year basis. On average, equities research analysts anticipate that Standex International Corporation will post 7.9 earnings per share for the current year.

Standex International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Friday, November 7th were issued a dividend of $0.34 per share. This is an increase from Standex International’s previous quarterly dividend of $0.32. This represents a $1.36 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, November 7th. Standex International’s dividend payout ratio (DPR) is currently 31.19%.

Insider Buying and Selling at Standex International

In related news, CFO Ademir Sarcevic sold 1,823 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $230.12, for a total transaction of $419,508.76. Following the sale, the chief financial officer owned 9,341 shares of the company’s stock, valued at $2,149,550.92. This trade represents a 16.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Vineet Kshirsagar sold 650 shares of Standex International stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $233.37, for a total value of $151,690.50. Following the completion of the transaction, the insider owned 5,047 shares in the company, valued at $1,177,818.39. This trade represents a 11.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,473 shares of company stock valued at $794,509. 2.52% of the stock is currently owned by corporate insiders.

Institutional Trading of Standex International

Institutional investors have recently modified their holdings of the company. Nisa Investment Advisors LLC raised its stake in shares of Standex International by 6.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 695 shares of the industrial products company’s stock worth $147,000 after acquiring an additional 44 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of Standex International by 3.8% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 1,785 shares of the industrial products company’s stock worth $378,000 after purchasing an additional 66 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Standex International by 3.5% during the second quarter. SG Americas Securities LLC now owns 1,992 shares of the industrial products company’s stock worth $312,000 after purchasing an additional 68 shares in the last quarter. Maryland State Retirement & Pension System lifted its holdings in shares of Standex International by 2.2% during the 2nd quarter. Maryland State Retirement & Pension System now owns 3,548 shares of the industrial products company’s stock valued at $555,000 after purchasing an additional 76 shares during the last quarter. Finally, Moody National Bank Trust Division boosted its position in shares of 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 purchasing an additional 77 shares in the last quarter. 90.35% of the stock is currently owned by institutional investors.

Standex International Company Profile

Standex International Corporation is a diversified global manufacturer specializing in food service equipment, engineered components, and industrial products. Operating across multiple markets, the company designs and produces commercial cooking and warming solutions, precision-engraved nameplates and decorative products, fluid power hydraulics, and magnetics-based electronics. These offerings serve a broad array of end markets, including quick-service restaurants, automotive, aerospace, medical devices, and consumer appliances.

With business organized into key segments—Food Service Equipment, Engraving & Decorating, Hydraulics, Industrial Electronics, and Technical Graphical Solutions—Standex delivers a combination of proprietary technology, automated manufacturing processes, and custom engineering services.