Standex International (NYSE:SXI – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, October 29th. Analysts expect Standex International to post earnings of $1.66 per share for the quarter.
Standex International (NYSE:SXI – Get Free Report) last issued its earnings results on Thursday, August 1st. The industrial products company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.04. The company had revenue of $180.19 million during the quarter, compared to analysts’ expectations of $181.35 million. Standex International had a return on equity of 13.60% and a net margin of 10.14%. The firm’s quarterly revenue was down 4.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.76 EPS. On average, analysts expect Standex International to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.
Standex International Stock Up 2.9 %
Shares of NYSE:SXI opened at $177.55 on Friday. The company has a quick ratio of 2.69, a current ratio of 3.37 and a debt-to-equity ratio of 0.24. The business has a fifty day moving average of $175.68 and a two-hundred day moving average of $172.23. The stock has a market cap of $2.11 billion, a P/E ratio of 28.87, a PEG ratio of 2.51 and a beta of 1.03. Standex International has a 52-week low of $130.04 and a 52-week high of $191.18.
Standex International Increases Dividend
Wall Street Analyst Weigh In
Several analysts have issued reports on SXI shares. DA Davidson upped their target price on Standex International from $203.00 to $211.00 and gave the company a “buy” rating in a report on Monday, August 5th. StockNews.com upgraded Standex International from a “hold” rating to a “buy” rating in a report on Wednesday, August 14th. Finally, Benchmark reiterated a “buy” rating and set a $210.00 price target on shares of Standex International in a report on Friday, August 2nd.
Check Out Our Latest Stock Analysis on SXI
Standex International Company Profile
Standex International Corporation, together with subsidiaries, engages in the manufacture and sale of 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.
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