What is William Blair's Forecast for SXI FY2027 Earnings?

Key Points

• Research analysts from William Blair predict that Standex International Corporation (NYSE:SXI) will achieve earnings per share of $11.35 in FY2027, significantly higher than the current consensus estimate of $7.90.
• Standex reported a 23.2% year-over-year increase in quarterly revenue, totaling $222.05 million, and exceeded earnings expectations with an EPS of $2.28.
• The company announced a quarterly dividend of $0.32 per share, with an upcoming ex-dividend date of August 8th, maintaining a dividend payout ratio of 27.59%.

Standex International Corporation (NYSE:SXI - Free Report) - Equities researchers at William Blair issued their FY2027 earnings estimates for shares of Standex International in a note issued to investors on Monday, August 4th. William Blair analyst R. Sparenblek expects that the industrial products company will post earnings per share of $11.35 for the year. The consensus estimate for Standex International's current full-year earnings is $7.90 per share.

Standex International (NYSE:SXI - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported $2.28 EPS for the quarter, beating analysts' consensus estimates of $2.10 by $0.18. Standex International had a net margin of 7.06% and a return on equity of 13.92%. The business had revenue of $222.05 million during the quarter, compared to analysts' expectations of $214.44 million. During the same quarter in the prior year, the company earned $1.76 EPS. The firm's quarterly revenue was up 23.2% on a year-over-year basis.

A number of other equities research analysts have also commented on the stock. Roth Capital restated a "buy" rating and set a $205.00 price objective (up from $175.00) on shares of Standex International in a report on Monday, August 4th. Wall Street Zen downgraded Standex International from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. DA Davidson upped their price objective on Standex International from $200.00 to $219.00 and gave the stock a "buy" rating in a research report on Monday, August 4th. Finally, Barrington Research reiterated an "outperform" rating and set a $220.00 price objective on shares of Standex International in a report on Tuesday, July 29th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $223.50.

Standex International Stock Down 2.6%

Shares of NYSE SXI traded down $5.08 during mid-day trading on Wednesday, reaching $187.47. 120,355 shares of the company's stock were exchanged, compared to its average volume of 130,467. Standex International has a twelve month low of $128.85 and a twelve month high of $212.65. The company has a current ratio of 2.88, a quick ratio of 2.56 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 40.40, a PEG ratio of 2.39 and a beta of 1.11. The business has a fifty day simple moving average of $162.73 and a 200 day simple moving average of $164.29.

Standex International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 22nd. Investors of record on Friday, August 8th will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.7%. Standex International's payout ratio is presently 27.59%.

Insider Buying and Selling at Standex International

In other Standex International news, Director Barbara Joanne Edwards sold 355 shares of the company's stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $156.13, for a total value of $55,426.15. Following the transaction, the director directly owned 5,259 shares of the company's stock, valued at $821,087.67. This represents a 6.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 2.10% of the company's stock.

Institutional Trading of Standex International

A number of institutional investors have recently bought and sold shares of SXI. Whipplewood Advisors LLC boosted its stake in shares of Standex International by 965.0% in the first quarter. Whipplewood Advisors LLC now owns 213 shares of the industrial products company's stock valued at $34,000 after buying an additional 193 shares during the period. Whittier Trust Co. lifted its position in Standex International by 46.3% during the first quarter. Whittier Trust Co. now owns 218 shares of the industrial products company's stock worth $35,000 after purchasing an additional 69 shares during the period. Geneos Wealth Management Inc. grew its stake in Standex International by 173.5% during the first quarter. Geneos Wealth Management Inc. now owns 309 shares of the industrial products company's stock worth $50,000 after buying an additional 196 shares in the last quarter. TD Private Client Wealth LLC increased its holdings in Standex International by 29.9% in the 1st quarter. TD Private Client Wealth LLC now owns 330 shares of the industrial products company's stock valued at $53,000 after buying an additional 76 shares during the period. Finally, Versant Capital Management Inc raised its position in shares of Standex International by 25.9% in the 1st quarter. Versant Capital Management Inc now owns 379 shares of the industrial products company's stock valued at $61,000 after buying an additional 78 shares in the last quarter. Institutional investors own 90.35% of the company's stock.

About Standex International

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.