Alert: New Earnings Report (10/29/24)-Standex International Corp (NYSE: SXI).

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For its first fiscal quarter (ending September 30), Standex International Corp (NYSE: SXI) has reported a -4% decline in E.P.S. from $1.61 a year ago to $1.54 in the current quarter. For the latest four quarters through September 30, E.P.S. were $6.18 versus $11.83 for the same period a year ago — a decline of -48%.

Recent Price Action

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Standex International Corp (NYSE: SXI) stock increased 1.4% on 10/29/24. The shares closed at $181.95. Moreover, trading volume in this advance was above average at 124% of normal. The stock has performed in line with the market over the last nine months and has risen 2.9% 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 D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Standex International has a poor Appreciation Score of 25 but a neutral Power Rating of 57, and the Negative Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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