Earnings results for Standex Int’l (NYSE:SXI)
Standex International Corporation is expected* to report earnings on 08/24/2020 after market close. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.5. The reported EPS for the same quarter last year was $1.16.
Analyst Opinion on Standex Int’l (NYSE:SXI)
3 Wall Street analysts have issued ratings and price targets for Standex Int’l in the last 12 months. Their average twelve-month price target is $76.00, predicting that the stock has a possible upside of 31.03%. The high price target for SXI is $77.00 and the low price target for SXI is $75.00. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”
Standex Int’l has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $76.00, Standex Int’l has a forecasted upside of 31.0% from its current price of $58.00. Standex Int’l has only been the subject of 2 research reports in the past 90 days.
Dividend Strength: Standex Int’l (NYSE:SXI)
Standex Int’l has a dividend yield of 1.52%, which is in the bottom 25% of all stocks that pay dividends. Standex Int’l has been increasing its dividend for 10 years. The dividend payout ratio of Standex Int’l is 21.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Standex Int’l will have a dividend payout ratio of 25.07% next year. This indicates that Standex Int’l will be able to sustain or increase its dividend.
Insiders buying/selling: Standex Int’l (NYSE:SXI)
In the past three months, Standex Int’l insiders have not sold or bought any company stock. Only 1.81% of the stock of Standex Int’l is held by insiders. 88.38% of the stock of Standex Int’l is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Standex Int’l (NYSE:SXI
Earnings for Standex Int’l are expected to grow by 1.74% in the coming year, from $3.45 to $3.51 per share. The P/E ratio of Standex Int’l is 23.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.23. The P/E ratio of Standex Int’l is 23.48, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.46. Standex Int’l has a PEG Ratio of 1.18. PEG Ratios above 1 indicate that a company could be overvalued. Standex Int’l has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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