Standex International Corporation (NYSE:SXI) Receives Daily Media Sentiment Rating of 0.22

News stories about Standex International Corporation (NYSE:SXI) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Standex International Corporation earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.8275385002592 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Standex International Corporation (NYSE SXI) opened at 93.10 on Friday. The stock has a market capitalization of $1.19 billion, a PE ratio of 26.94 and a beta of 1.54. Standex International Corporation has a 52-week low of $74.35 and a 52-week high of $101.24. The company’s 50-day moving average price is $93.15 and its 200 day moving average price is $92.93.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 24th. Shareholders of record on Monday, August 7th will be issued a dividend of $0.16 per share. The ex-dividend date is Thursday, August 3rd. This represents a $0.64 dividend on an annualized basis and a yield of 0.69%. Standex International Corporation’s dividend payout ratio is presently 18.60%.

A number of research firms recently issued reports on SXI. Zacks Investment Research upgraded Standex International Corporation from a “hold” rating to a “buy” rating and set a $97.00 price objective on the stock in a research note on Tuesday, May 16th. FBR & Co reiterated an “outperform” rating on shares of Standex International Corporation in a research note on Tuesday, July 11th. BidaskClub upgraded Standex International Corporation from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. Finally, Sidoti upgraded Standex International Corporation from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $103.00 to $115.00 in a research note on Friday, May 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $108.50.

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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.

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