Standex International (NYSE:SXI) Releases Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Standex International (NYSE:SXI) announced its earnings results on Thursday. The industrial products company reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.34 by $0.07, Zacks reports. Standex International had a return on equity of 15.04% and a net margin of 12.54%. The company had revenue of $232.57 million during the quarter, compared to the consensus estimate of $229.65 million. During the same period last year, the firm earned $1.99 earnings per share. The company’s revenue was up 7.0% on a year-over-year basis.

Standex International Stock Down 1.8%

NYSE:SXI traded down $4.37 during mid-day trading on Friday, reaching $243.82. The stock had a trading volume of 223,106 shares, compared to its average volume of 156,440. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.40 and a quick ratio of 1.84. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 25.94, a price-to-earnings-growth ratio of 2.76 and a beta of 1.07. Standex International has a 1-year low of $215.62 and a 1-year high of $363.89. The stock’s 50 day simple moving average is $273.65 and its two-hundred day simple moving average is $277.60.

Standex International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, November 6th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 0.6%. This is a positive change from Standex International’s previous quarterly dividend of $0.34. The ex-dividend date is Friday, November 6th. Standex International’s payout ratio is 14.47%.

More Standex International News

Here are the key news stories impacting Standex International this week:

• Positive Sentiment: Standex reported record quarterly sales of approximately $232.6 million, up 7% year over year and 12.4% organically. Electronics was particularly strong, with organic growth of 29.5%. Standex Reports Fiscal First Quarter 2027 Financial Results
• Positive Sentiment: Adjusted earnings reached $2.41 per share, exceeding the $2.34 analyst consensus, while adjusted operating margin expanded to 20.2% from the prior year. Record order intake of roughly $273 million and a 1.17 book-to-bill ratio indicate solid demand and future revenue visibility. Standex Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its fiscal 2027 outlook, projecting more than $100 million of organic sales growth and high-teens adjusted EPS growth. The company also authorized a new $100 million share-repurchase program, supported by its balance sheet and liquidity. Standex Announces $100 Million Equity Buyback
• Neutral Sentiment: The earnings-call transcript and presentation provide additional management and analyst discussion of the quarter, demand trends, margins and the updated outlook. Standex Q1 2027 Earnings Call Transcript
• Negative Sentiment: Despite the earnings beat, SXI trades well below its 52-week high and below its 50-day and 200-day moving averages. With a P/E near 28, investors may be demanding stronger forward execution, contributing to weakness after the results.

Insider Transactions at Standex International

In other Standex International news, CEO David Dunbar sold 13,000 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $290.82, for a total transaction of $3,780,660.00. Following the sale, the chief executive officer owned 75,973 shares in the company, valued at $22,094,467.86. This represents a 14.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 13,100 shares of company stock worth $3,810,182 in the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on SXI shares. DA Davidson reissued a “buy” rating and issued a $350.00 price target on shares of Standex International in a report on Thursday, August 20th. JPMorgan Chase & Co. assumed coverage on Standex International in a research note on Wednesday, October 14th. They set a “neutral” rating and a $320.00 price objective for the company. Finally, Weiss Ratings downgraded Standex International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, September 18th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $304.00.

Standex International Company Profile

Standex International Corporation (NYSE:SXI) is a diversified industrial manufacturer that develops and produces specialized equipment, components and engineered products for customers in a range of commercial and industrial markets. The company serves original equipment manufacturers and other businesses through a portfolio of operations focused on applications requiring specialized technology, precision manufacturing and customized solutions.

Its businesses include Standex Electronics, which makes sensors, switches, relays, magnetic components and power magnetics; Standex Engraving, which provides engraved tooling, mold texturing and patterned rolls for plastics, packaging and other manufacturing applications; and Standex Engineering Technologies, which develops engineered components and systems for industrial and mobile equipment.