News coverage about Standex International Corporation (NYSE:SXI) has trended somewhat negative this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Standex International Corporation earned a news impact score of -0.01 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 81 out of 100, meaning that recent media coverage is very likely to have an effect on the stock’s share price in the near term.
A number of research analysts have recently issued reports on SXI shares. Zacks Investment Research raised Standex International Corporation from a “hold” rating to a “buy” rating and set a $102.00 price target on the stock in a report on Wednesday, July 5th. FBR & Co reaffirmed a “buy” rating on shares of Standex International Corporation in a report on Tuesday, July 18th. Sidoti raised Standex International Corporation from a “neutral” rating to a “buy” rating and upped their price target for the company from $103.00 to $115.00 in a report on Friday, May 19th. Finally, BidaskClub raised Standex International Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Standex International Corporation presently has an average rating of “Hold” and an average target price of $108.50.
Standex International Corporation (NYSE:SXI) opened at 93.55 on Wednesday. The firm has a 50-day moving average price of $92.39 and a 200-day moving average price of $92.72. The company has a market cap of $1.19 billion, a P/E ratio of 27.07 and a beta of 1.54. Standex International Corporation has a 12-month low of $74.35 and a 12-month high of $101.24.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 24th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $0.64 annualized dividend and a dividend yield of 0.68%. Standex International Corporation’s dividend payout ratio is presently 18.60%.
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Standex International Corporation Company Profile
Standex International Corporation is a diversified manufacturing company. The Company is a manufacturer of a range of products and services for diverse commercial and industrial market segments. The Company has 11 operating segments, aggregated and organized into five segments: Food Service Equipment, Engraving, Engineering Technologies, Electronics and Hydraulics.
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