Standex International Corp (NYSE: SXI) has reported E.P.S. of $1.61 for its first fiscal quarter (ending September 30) versus $1.55 for the same period a year ago — an increase of 4%. Relative to the consensus estimate of $1.70, this was a shortfall of $-0.09. E.P.S. were $11.83 for the latest four quarters through September 30 versus $5.36 for the same period a year ago — an increase of 121%.
Recent Price Action
Standex International Corp (NYSE: SXI) stock declined modestly by -0.3% on 11/2/23. The stock closed at $143.04. The stock has been exceptionally strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
SXI is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Standex International has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Standex International has a poor Appreciation Score of 26 but a very high Power Rating of 96, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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