Standex International Corp (NYSE: SXI) has reported E.P.S. of $1.35 for its third fiscal quarter (ending March 31) versus $6.82 for the same period a year ago — a decline of -80%. Relative to the consensus estimate of $1.84, this was a shortfall of $-0.49. For the latest four quarters through March 31, E.P.S. were $6.29 compared to $11.17 a year ago — a decline of -44%.
Recent Price Action
Standex International Corp (NYSE: SXI) stock increased 1.7% on 5/2/24. The shares closed at $177.02. NORMAL trading volume accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 3.3% 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 C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Standex International has a poor Appreciation Score of 22 but a good Power Rating of 74, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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