Standex International (NYSE:SXI) Given "Outperform" Rating at Barrington Research

Standex International (NYSE:SXI - Get Free Report)'s stock had its "outperform" rating restated by stock analysts at Barrington Research in a research note issued on Friday,Benzinga reports. They presently have a $220.00 target price on the industrial products company's stock. Barrington Research's price objective points to a potential upside of 19.02% from the company's current price.

A number of other research analysts have also issued reports on the company. DA Davidson boosted their price target on Standex International from $222.00 to $224.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. StockNews.com downgraded shares of Standex International from a "buy" rating to a "hold" rating in a report on Monday, February 3rd.

Standex International Stock Performance

Shares of SXI stock traded down $1.14 during trading hours on Friday, reaching $184.84. The stock had a trading volume of 9,044 shares, compared to its average volume of 54,542. The firm has a market capitalization of $2.20 billion, a PE ratio of 40.36, a price-to-earnings-growth ratio of 2.63 and a beta of 1.06. The firm has a 50-day simple moving average of $188.40 and a 200-day simple moving average of $187.21. Standex International has a twelve month low of $154.45 and a twelve month high of $212.65. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.37 and a quick ratio of 2.61.

Standex International (NYSE:SXI - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The industrial products company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.68 by $0.23. Standex International had a net margin of 7.59% and a return on equity of 13.28%. As a group, equities analysts forecast that Standex International will post 7.9 earnings per share for the current year.

Insider Activity

In other Standex International news, CFO Ademir Sarcevic sold 2,000 shares of the business's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $195.44, for a total value of $390,880.00. Following the sale, the chief financial officer now directly owns 16,086 shares in the company, valued at approximately $3,143,847.84. The trade was a 11.06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.10% of the company's stock.

Hedge Funds Weigh In On Standex International

Large investors have recently made changes to their positions in the business. Heck Capital Advisors LLC acquired a new stake in Standex International during the fourth quarter valued at approximately $1,333,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Standex International by 16.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 38,603 shares of the industrial products company's stock valued at $7,218,000 after acquiring an additional 5,539 shares during the last quarter. Two Sigma Investments LP lifted its position in shares of Standex International by 4.1% during the 4th quarter. Two Sigma Investments LP now owns 2,545 shares of the industrial products company's stock valued at $476,000 after acquiring an additional 100 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Standex International by 4.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,620 shares of the industrial products company's stock worth $1,238,000 after acquiring an additional 262 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of Standex International by 46.5% in the 4th quarter. Deutsche Bank AG now owns 10,364 shares of the industrial products company's stock worth $1,938,000 after acquiring an additional 3,289 shares during the last quarter. Institutional investors own 90.35% of the company's stock.

Standex International Company Profile

Standex International Corporation, together with subsidiaries, engages in the manufacture and sale of 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.