News articles about Standex Int’l (NYSE:SXI) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Standex Int’l earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 48.6725806606072 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of NYSE SXI traded up $0.20 during midday trading on Friday, reaching $109.10. 33,497 shares of the stock were exchanged, compared to its average volume of 42,240. The company has a market capitalization of $1.40 billion, a P/E ratio of 21.10 and a beta of 1.47. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.38 and a quick ratio of 1.61. Standex Int’l has a twelve month low of $89.40 and a twelve month high of $114.20.
Standex Int’l (NYSE:SXI) last announced its quarterly earnings results on Tuesday, August 28th. The industrial products company reported $1.60 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.59 by $0.01. The business had revenue of $227.51 million during the quarter, compared to the consensus estimate of $232.73 million. Standex Int’l had a net margin of 4.21% and a return on equity of 15.19%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.40 EPS. research analysts expect that Standex Int’l will post 5.99 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, August 24th. Stockholders of record on Thursday, August 9th were issued a dividend of $0.18 per share. The ex-dividend date was Wednesday, August 8th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.66%. Standex Int’l’s dividend payout ratio is currently 13.93%.
SXI has been the subject of a number of recent analyst reports. ValuEngine upgraded shares of Standex Int’l from a “sell” rating to a “hold” rating in a report on Thursday, May 17th. B. Riley set a $125.00 price target on shares of Standex Int’l and gave the stock a “buy” rating in a report on Monday, May 21st. Finally, Zacks Investment Research downgraded shares of Standex Int’l from a “buy” rating to a “hold” rating in a report on Saturday, September 1st. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $122.33.
About Standex Int’l
Standex International Corporation manufactures and sells various products and services for commercial and industrial markets in the United States and internationally. The Food Service Equipment segment offers refrigerated cabinets, cases, display units, walk-in coolers, and freezers; commercial ovens, char broilers, ranges, griddles, toasters, warmers, roller grills, and countertop merchandisers; commercial cook and hold units, rotisseries, pressure fryers, and baking equipment; commercial deep fryers; merchandizing display cases; pump systems; and cold storage equipment.
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