Standex International Corporation (NYSE:SXI) Earns Daily Coverage Optimism Rating of 0.21
Press coverage about Standex International Corporation (NYSE:SXI) has trended somewhat positive on Sunday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Standex International Corporation earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.1059279243327 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of analysts have recently issued reports on SXI shares. Sidoti upgraded shares of Standex International Corporation from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $103.00 to $115.00 in a report on Friday, May 19th. Zacks Investment Research downgraded shares of Standex International Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, May 10th. FBR & Co restated a “buy” rating on shares of Standex International Corporation in a report on Tuesday, July 18th. Finally, BidaskClub upgraded shares of Standex International Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $108.50.
Standex International Corporation (NYSE SXI) opened at 93.35 on Friday. Standex International Corporation has a one year low of $74.35 and a one year high of $101.24. The company’s 50-day moving average is $92.69 and its 200-day moving average is $92.81. The firm has a market capitalization of $1.19 billion, a P/E ratio of 27.01 and a beta of 1.54.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 24th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 0.69%. The ex-dividend date is Thursday, August 3rd. Standex International Corporation’s dividend payout ratio (DPR) is presently 18.60%.
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About Standex International Corporation
Standex International Corporation is a diversified manufacturing company. The Company is a manufacturer of a range of products and services for diverse commercial and industrial market segments. The Company has 11 operating segments, aggregated and organized into five segments: Food Service Equipment, Engraving, Engineering Technologies, Electronics and Hydraulics.
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