Alert: Major Price Advance (11/6/24)-Standex International Corp (NYSE: SXI).

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Standex International Corp (NYSE: SXI) stock closed at $205.61 on 11/6/24 after a major increase of 10.9%. Moreover, unusually high trading volume at 198% of normal accompanied the advance. The stock has risen 13.0% during the last week and has performed in line with the market over the last nine months.

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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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Standex International has a poor Appreciation Score of 24 but a neutral Power Rating of 54, leading to the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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