Standex International Co. to Post Q4 2024 Earnings of $1.73 Per Share, William Blair Forecasts (NYSE:SXI)

Standex International Co. (NYSE:SXI) – Stock analysts at William Blair cut their Q4 2024 earnings per share (EPS) estimates for shares of Standex International in a research report issued to clients and investors on Monday, May 6th. William Blair analyst R. Sparenblek now forecasts that the industrial products company will post earnings per share of $1.73 for the quarter, down from their prior estimate of $2.38. The consensus estimate for Standex International’s current full-year earnings is $7.23 per share. William Blair also issued estimates for Standex International’s Q3 2025 earnings at $1.98 EPS and FY2025 earnings at $7.80 EPS.

Standex International (NYSE:SXI) last announced its quarterly earnings data on Thursday, May 2nd. The industrial products company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.08. The firm 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 firm’s revenue was down 3.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.65 earnings per share.

Several other equities research analysts have also issued reports on SXI. DA Davidson lifted their price target on Standex International from $200.00 to $203.00 and gave the company a “buy” rating in a report on Tuesday. Barrington Research reiterated an “outperform” rating and issued a $180.00 price objective on shares of Standex International in a report on Monday. StockNews.com cut Standex International from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 5th. Finally, 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. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, Standex International presently has a consensus rating of “Buy” and a consensus price target of $191.00.

Standex International Price Performance

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

Institutional Trading of Standex International

Large investors have recently made changes to their positions in the business. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in Standex International during the 4th quarter worth $26,000. Principal Securities Inc. bought a new stake in shares of Standex International in the 4th quarter valued at $26,000. Pacer Advisors Inc. bought a new position in Standex International during the fourth quarter worth about $28,000. GAMMA Investing LLC raised its position in shares of Standex International by 322.2% during the first quarter. GAMMA Investing LLC now owns 190 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 145 shares during the period. Finally, SRS Capital Advisors Inc. increased its stake in Standex International by 341.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 322 shares of the industrial products company’s stock worth $51,000 after purchasing an additional 249 shares in the last quarter. Institutional investors own 90.35% of the company’s stock.

Insider Transactions at Standex International

In related news, VP Alan J. Glass sold 1,619 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $152.92, for a total transaction of $247,577.48. Following the transaction, the vice president now owns 19,224 shares of the company’s stock, valued at $2,939,734.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO David A. Dunbar sold 4,901 shares of Standex International stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $180.00, for a total value of $882,180.00. Following the completion of the transaction, the chief executive officer now owns 57,332 shares in the company, valued at $10,319,760. The transaction 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 stock in a transaction that occurred 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 sale, 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. Insiders sold a total of 16,423 shares of company stock worth $2,727,661 over the last three months. 2.63% of the stock is currently owned by insiders.

Standex International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, May 10th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend is Thursday, May 9th. Standex International’s dividend payout ratio (DPR) is currently 19.42%.

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.