Standex International (NYSE:SXI – Get Free Report) announced its quarterly earnings results on Thursday. The industrial products company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.72 by $0.04, Briefing.com reports. The company had revenue of $180.19 million during the quarter, compared to analyst estimates of $181.35 million. Standex International had a return on equity of 13.72% and a net margin of 10.11%. The firm’s revenue was down 4.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.76 earnings per share.
Standex International Price Performance
NYSE:SXI opened at $180.58 on Friday. Standex International has a 12 month low of $130.04 and a 12 month high of $191.18. The stock has a 50 day moving average of $169.05 and a two-hundred day moving average of $168.22. The company has a current ratio of 3.43, a quick ratio of 2.65 and a debt-to-equity ratio of 0.24. The firm has a market cap of $2.12 billion, a P/E ratio of 29.22, a price-to-earnings-growth ratio of 2.68 and a beta of 1.04.
Standex International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Friday, August 9th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, August 9th. This represents a $1.20 annualized dividend and a dividend yield of 0.66%. Standex International’s dividend payout ratio is presently 19.42%.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on SXI
Insiders Place Their Bets
In other Standex International news, Director Charles H. Cannon, Jr. sold 2,460 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $178.02, for a total transaction of $437,929.20. Following the completion of the sale, the director now directly owns 862 shares in the company, valued at approximately $153,453.24. The transaction was disclosed in a document filed with the SEC, which is available through this link. 2.28% of the stock is owned by company insiders.
About Standex International
Standex International Corporation, together with subsidiaries, manufactures and sells various products and services for commercial and industrial markets in the United States and internationally. It operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.
Recommended Stories
- Five stocks we like better than Standex International
- Manufacturing Stocks Investing
- Chevron Stock Dips as Earnings Miss Highlights Merger Uncertainty
- Retail Stocks Investing, Explained
- DraftKings Shares Fall After EPS Beat, Lower EBITDA Guidance
- Find and Profitably Trade Stocks at 52-Week Lows
- Investors Flock to Auto Retail Stock as It Hits New Highs
Receive News & Ratings for Standex International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standex International and related companies with MarketBeat.com's FREE daily email newsletter.