Media headlines about Standex International Corporation (NYSE:SXI) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Standex International Corporation earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 47.7137747784439 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Standex International Corporation (SXI) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Standex International Corporation (SXI) Rating Reiterated by B. Riley (americanbankingnews.com)
- Edited Transcript of SXI earnings conference call or presentation 1-Nov-17 1:30pm GMT (finance.yahoo.com)
- Standex International Corporation (SXI) Issues Earnings Results (americanbankingnews.com)
- Standex Reports First-Quarter 2018 Financial Results (finance.yahoo.com)
Several research firms have issued reports on SXI. B. Riley reiterated a “buy” rating on shares of Standex International Corporation in a research note on Wednesday. Sidoti lowered Standex International Corporation from a “buy” rating to a “neutral” rating in a research note on Wednesday, October 4th. FBR & Co reiterated a “buy” rating on shares of Standex International Corporation in a research note on Monday, October 2nd. Finally, Zacks Investment Research lowered Standex International Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, September 23rd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Standex International Corporation has an average rating of “Hold” and an average price target of $108.50.
Shares of Standex International Corporation (SXI) traded down $0.75 during trading hours on Friday, hitting $104.10. The stock had a trading volume of 25,922 shares, compared to its average volume of 35,815. Standex International Corporation has a 52 week low of $74.55 and a 52 week high of $110.00. The firm has a market capitalization of $1,331.23, a price-to-earnings ratio of 21.96 and a beta of 1.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.51 and a current ratio of 2.40.
Standex International Corporation (NYSE:SXI) last announced its earnings results on Wednesday, November 1st. The industrial products company reported $1.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.18 by $0.17. Standex International Corporation had a return on equity of 15.06% and a net margin of 5.83%. The company had revenue of $214.40 million during the quarter, compared to analyst estimates of $195.63 million. During the same period last year, the company posted $1.14 earnings per share. The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. analysts predict that Standex International Corporation will post 5.23 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 28th. Stockholders of record on Thursday, November 9th will be paid a $0.18 dividend. The ex-dividend date is Wednesday, November 8th. This is a positive change from Standex International Corporation’s previous quarterly dividend of $0.16. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.69%. Standex International Corporation’s dividend payout ratio (DPR) is 17.73%.
In other news, Director Gerald H. Fickenscher sold 2,000 shares of the firm’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $94.64, for a total value of $189,280.00. Following the completion of the sale, the director now directly owns 9,915 shares in the company, valued at $938,355.60. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.70% of the company’s stock.
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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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