News coverage about Standex International Corporation (NYSE:SXI) has trended positive on Tuesday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Standex International Corporation earned a news impact score of 0.39 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 54 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the stock’s share price in the next few days.
Shares of Standex International Corporation (NYSE SXI) traded down 0.92% during mid-day trading on Tuesday, hitting $91.35. The company had a trading volume of 53,882 shares. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 26.43 and a beta of 1.52. Standex International Corporation has a 52-week low of $74.35 and a 52-week high of $101.24. The firm has a 50-day moving average price of $89.33 and a 200 day moving average price of $92.23.
Standex International Corporation (NYSE:SXI) last issued its quarterly earnings data on Tuesday, May 2nd. The industrial products company reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.10 by $0.12. The business had revenue of $184.72 million for the quarter, compared to the consensus estimate of $177.30 million. Standex International Corporation had a net margin of 6.01% and a return on equity of 14.88%. During the same period in the previous year, the business posted $0.93 EPS. Analysts expect that Standex International Corporation will post $4.44 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 25th. Investors of record on Wednesday, May 10th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 0.70%. The ex-dividend date was Monday, May 8th. Standex International Corporation’s payout ratio is presently 18.60%.
Several research analysts have issued reports on SXI shares. Zacks Investment Research upgraded Standex International Corporation from a “hold” rating to a “buy” rating and set a $107.00 target price for the company in a research report on Wednesday, March 15th. Sidoti upgraded Standex International Corporation from a “neutral” rating to a “buy” rating and boosted their target price for the company from $103.00 to $115.00 in a research report on Friday, May 19th. Finally, BidaskClub upgraded Standex International Corporation from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th.
About Standex International Corporation
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.
Receive News & Ratings for Standex International Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standex International Corporation and related companies with MarketBeat.com's FREE daily email newsletter.