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Standex International Corp  (SXI)
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Price: $169.2100 $1.45 0.864%
Day's High: $169.29 Week Perf: -2.9 %
Day's Low: $ 167.73 30 Day Perf: -1.39 %
Volume (M): 41 52 Wk High: $ 184.18
Volume (M$): $ 6,971 52 Wk Avg: $153.47
Open: $168.63 52 Wk Low: $130.04



 Market Capitalization (Millions $) 2,005
 Shares Outstanding (Millions) 12
 Employees 5,100
 Revenues (TTM) (Millions $) 726
 Net Income (TTM) (Millions $) 74
 Cash Flow (TTM) (Millions $) -36
 Capital Exp. (TTM) (Millions $) 21

Standex International Corp

Standex International Corporation was incorporated in 1975 and is the successor of a corporation organized in 1955. We have paid dividends each quarter since Standex became a public corporation in November 1964.

We are a leading manufacturer of a variety of products and services for diverse commercial and industrial market segments. We have 11 operating segments, aggregated and organized for reporting purposes into five segments: Food Service Equipment Group, Engraving Group, Engineering Technologies Group, Electronics Products Group and Hydraulics Products Group. Overall management, strategic development and financial control are maintained by the executive staff from our corporate headquarters located in Salem, New Hampshire.

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It is our objective to grow larger and more profitable business units through both organic initiatives and acquisitions. On an ongoing basis we identify and implement organic growth initiatives such as new product development, geographic expansion, introduction of products and technologies into new markets and applications and leveraging of sales synergies between business units, key accounts and strategic sales channel partners. Also, we utilize strategically aligned or “bolt on” acquisitions to create both sales and cost synergies with our core business platforms to accelerate their growth and margin improvement. There is a particular focus on identifying and investing in opportunities that complement our products and will increase the global presence and capabilities of our businesses. From time to time we have divested businesses that we felt were not strategic or did not meet our growth and return expectations.
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We create “Customer Intimacy” by partnering with our customers in order to develop and deliver custom solutions or engineered products that provide technology-driven solutions to our customers. This relationship generally provides us with the ability to sustain sales and profit growth over time and provide superior operating margins to enhance shareholder returns. Further, we have made a priority in developing new sales channels and leveraging strategic customer relationships.

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We focus on operational excellence through continuous improvement in the cost structure of our businesses and recognize that our businesses are competing in a global economy that requires that we constantly strive to improve our competitive position. We have deployed a number of management competencies including lean enterprise, the use of low cost manufacturing facilities in countries such as Mexico, India, and China, the consolidation of manufacturing facilities to achieve economies of scale and leveraging of fixed infrastructure costs, alternate sourcing to achieve procurement cost reductions, and capital improvements to increase shop floor productivity, which drives improvements in the cost structure of our business units.
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Our capital allocation strategy is to use cash flow generated from operations to fund the strategic growth programs above, including acquisitions, dividends, and capital investments for organic growth and cost reductions. We recognize that cash flow is fundamental in our ability to invest in organic and acquisitive growth for our business units and return cash to our shareholders in the form of dividends to reflect the measure of quality from the earnings that we generate over time.



   Company Address: 23 Keewaydin drive Salem 3079 NH
   Company Phone Number: 893-9701   Stock Exchange / Ticker: NYSE SXI
   


   

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Standex International Corp

Subtle Revenue Downturn at Standex International Corporation amidst Impressive Dividend Announcement

Standex International Corporation, a stalwart on the NYSE, has once again made headlines in the financial world with its recent announcement of its 238th consecutive quarterly cash dividend. This impressive feat of financial stability and profit sharing sets Standex apart from many other companies in the market. The company has also pleased investors with a substantial 7.1% year-on-year increase in its dividend, amounting to $0.30 per share. Shareholders can look forward to a generous payout on February 26, 2024, starting the year on a potentially lucrative note.
Standex's unwavering commitment to dividends, along with its consistent financial growth, has earned it a reputation as a safe haven for investors navigating the unpredictable waters of the stock market. This recent dividend announcement further solidifies Standex's position as a reliable investment option. The healthy increase in per-share dividends is likely to attract new interest from shareholders and draw in potential investors looking for stable returns.

Standex International Corp

Standex International Corp Sees Single-Digit Revenue Decline in Q4 2023, Amidst Challenging Fiscal Period

Investors in Standex International Corporation (SXI) may be feeling a bit uneasy after the recent weak fiscal period ending December 31, 2023, where earnings and revenue decreased year on year. Despite this setback, there are reasons to remain optimistic about the future performance of this company.
One shining beacon for investors is the announcement of Standex's 238th consecutive quarterly cash dividend, with a significant 7.1% year-on-year increase. This dividend, slated for February 26, 2024, demonstrates the company's commitment to rewarding shareholders and maintaining financial stability. Standex's reputation as a safe harbor for investors, with consistent financial growth and a strong dividend track record, further reinforces the potential for future success.

Dividend

Standex Makes Financial History with Its 238th Consecutive Quarterly Dividend Amid Soaring Stock Value

Published Fri, Jan 26 2024 2:25 PM UTC


Standex International Corporation, a perennial performer on the NYSE, has once again turned heads in the financial world. Standex recently declared its 238th consecutive quarterly cash dividend, a feat of financial stability and profit sharing unrivaled by many. Amid the ticker tape, Standex graced investors with an even bigger smile, announcing a solid 7.1% year-on-yea...

Standex International Corp

Standex International Corp Shines Bright Amidst Industrial Downturn, Reports Impressive Revenue Growth

Standex International Corp Shines Amidst Challenging Industrial Climate
In an era where many corporations in the Industrial Machinery and Components sectors face declining orders and diminishing revenue, Standex International Corp has proven to be a shining light. The company recently reported a moderate revenue improvement of 2.234% to $184.64 million in the fiscal span ending September 30, 2023. What's more, their bottom-line grew slightly by 3.27% to $1.58 year on year.
The first quarter of 2024 saw Standex International Corp continue its impressive performance, defying the odds faced by its counterparts. While other companies in the sector struggled, Standex International Corp flourished. Revenue may have decreased slightly by -1.462% from $187.38 million in the prior period, but the company's net earnings of $18.814 million in the first quarter of the 2024 earnings season showed a welcome increase of 2.98% from the same period last year.

Standex International Corp

Spectacular 53.3% Earnings Jump Captures Spotlight in Standex International's Q4 2023 Financial Report

Standex International Corp, a leading Industrial Machinery and Components company, has recently released its financial results for the fiscal fourth quarter of 2023, and it's an impressive report! Despite slow revenue growth, the company delivered an astounding earnings advance of 53.3%, with earnings per share jumping to $1.67.
While the revenue growth may have been modest at 1.427% to $187.38 million, it's important to note that Standex International Corp's top-line surge was still higher than most of its competitors in the industry, which recorded an average growth of 6.05% during the same period. This highlights the company's ability to generate solid earnings even in a challenging economic environment.
In comparison to the prior reporting season, Standex International Corp's earnings per share dropped by -75.28% from $6.77, but the company still managed to advance its revenue by 1.651% to $184.33 million. This demonstrates the company's commitment to managing its costs effectively while also driving revenue growth.






 

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