Standex Int'l (NYSE:SXI) was downgraded by analysts at TheStreet from a “b-” rating to a “c+” rating in a research report issued on Monday.

A number of other equities research analysts also recently weighed in on SXI. B. Riley reissued a “buy” rating and issued a $125.00 price target on shares of Standex Int'l in a report on Wednesday, January 31st. CL King began coverage on shares of Standex Int'l in a report on Wednesday, November 29th. They issued a “buy” rating and a $116.00 price target for the company. Finally, ValuEngine downgraded shares of Standex Int'l from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $114.50.

Standex Int'l (NYSE:SXI) opened at $96.75 on Monday. Standex Int'l has a 12-month low of $84.30 and a 12-month high of $110.00. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.34 and a quick ratio of 1.54. The stock has a market cap of $1,233.56, a PE ratio of 37.36 and a beta of 1.53.

Standex Int'l (NYSE:SXI) last issued its quarterly earnings results on Tuesday, January 30th. The industrial products company reported $1.12 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.03 by $0.09. Standex Int'l had a net margin of 3.99% and a return on equity of 14.98%. The company had revenue of $209.75 million during the quarter, compared to the consensus estimate of $197.38 million. During the same period in the prior year, the company earned $1.03 EPS. Standex Int'l’s revenue was up 20.6% on a year-over-year basis. equities analysts forecast that Standex Int'l will post 5.28 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC lifted its stake in Standex Int'l by 57.8% during the fourth quarter. Renaissance Technologies LLC now owns 63,600 shares of the industrial products company’s stock valued at $6,478,000 after buying an additional 23,300 shares in the last quarter. Amundi Pioneer Asset Management Inc. purchased a new stake in Standex Int'l during the fourth quarter valued at about $1,803,000. Geode Capital Management LLC lifted its stake in Standex Int'l by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 102,916 shares of the industrial products company’s stock valued at $10,481,000 after buying an additional 848 shares in the last quarter. Citadel Advisors LLC lifted its stake in Standex Int'l by 46.7% during the fourth quarter. Citadel Advisors LLC now owns 22,450 shares of the industrial products company’s stock valued at $2,287,000 after buying an additional 7,145 shares in the last quarter. Finally, BlackRock Inc. lifted its stake in Standex Int'l by 2.3% during the fourth quarter. BlackRock Inc. now owns 1,571,867 shares of the industrial products company’s stock valued at $160,096,000 after buying an additional 35,728 shares in the last quarter. 85.09% of the stock is owned by institutional investors.

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About Standex Int'l

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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