Standex International Corporati with ticker code (SXI) have now 2 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 150 and 140 calculating the mean target price we have $145.00. Given that the stocks previous close was at $120.73 and the analysts are correct then there would likely be a percentage uptick in value of 20.1%. It’s also worth noting that there is a 50 day moving average of $117.29 and the 200 day MA is $101.86. The company has a market capitalization of $1,439m. Company Website: https://www.standex.com
The potential market cap would be $1,729m based on the market consensus.
Standex International Corporation, together with subsidiaries, manufactures and sells various products and services for commercial and industrial markets in the United States and internationally. It operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. The Electronics segment offers reed relays, fluid level, proximity, motion, flow, HVAC condensate, and custom electronics sensors; and current sense and advanced planar transformer technologies, value added assemblies, and mechanical packaging, as well as custom wound transformers and inductors for low and high frequency applications. The Engraving segment provides mold texturizing, slush molding tools, roll engraving, hygiene product tooling, and low observation vents, as well as project management and design services for stealth aircraft; and process machinery for various industries. The Scientific segment offers temperature controlled equipment for the medical, scientific, pharmaceutical, biotech, and industrial markets. The Engineering Technologies segment offers net and near net formed single-source customized solutions that are used in the manufacture of engineered components for the aviation, aerospace, defense, energy, industrial, medical, marine, oil and gas, and manned and unmanned space markets. The Specialty Solutions segment manufactures and sells refrigerated, heated and dry merchandizing display cases, custom fluid pump solutions, single and double acting telescopic, and piston rod hydraulic cylinders. Standex International Corporation was founded in 1955 and is headquartered in Salem, New Hampshire.
The company has a dividend yield of 0.93% with the ex dividend date set at 8-2-2023 (DMY).
Other points of data to note are a P/E ratio of 20.96, revenue per share of 62.51 and a 7.01% return on assets.
