Alert: Rating Downgrade (11/10/23)-Standex International Corp (NYSE: SXI).

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Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Standex International Corp (NYSE: SXI) weakened of late. SXI’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.

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Recent Price Action

Standex International Corp (NYSE: SXI) stock closed at $134.86 on 11/10/23 after a modest decline of -0.7%. The stock has declined -5.7% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, SXI is expected to continue to be an important Value Builder.

Standex International has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Standex International has a poor Appreciation Score of 27 but a very high Power Rating of 90, and the High Neutral Value Trend Rating results.

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