Standex International (SXI)

• Market cap: $2.3B
• 1 day: -1.04%
• 5 days: -6.94%
• 1 month: -4.66%
• 3 months: 6.66%
• 6 months: 17.74%
• Year to date: 23.37%
• 1 year: 26.45%
• 5 years: 135.08%
• 10 years: 146.55%
• Sector: Industrials
• Industry: Refrigeration & Service Industry Machinery

About: Standex International Corp is an industrial manufacturer of different products and services used in commercial and industrial markets. It has five reportable segments; Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. The maximum revenue is generated from its Electronics segment which is a component and value-added services provider of both sensing and switching technologies as well as magnetic power conversion components and assemblies, like custom wound transformers and inductors, current sense technology, value-added assemblies, and mechanical packaging among others. Geographically, it derives key revenue from the United States and the rest from Asia Pacific, Europe, Middle East and South Africa (EMEA), and other regions.

Employees: 3,700

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

32% more call options, than puts

Call options by funds: $2.05M | Put options by funds: $1.55M

11% more capital invested

Capital invested by funds: $1.82B [Q2] → $2.02B (+$196M) [Q3]

9% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 23

1% more funds holding

Funds holding: 229 [Q2] → 231 (+2) [Q3]

1% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 79

2.63% less ownership

Funds ownership: 95.35% [Q2] → 92.73% (-2.63%) [Q3]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $220 16% upside
• Avg. target: $235 24% upside
• High target: $250 32% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Barrington Research Gary Prestopino 66% 1-year accuracy 89 / 134 met price target	16% upside $220	Outperform Maintained	30 Oct 2024
Benchmark Michael Legg 46% 1-year accuracy 21 / 46 met price target	32% upside $250	Buy Maintained	30 Oct 2024