SXI Stock Summary and Trading Ideas (Standex International | NYSE:SXI)

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.

Standex International trades on the NYSE stock market under the symbol SXI.

As of December 13, 2024, SXI stock price declined to $203.04 with 27,592 million shares trading.

SXI has a beta of 1.42, meaning it tends to be more sensitive to market movements. SXI has a correlation of 0.30 to the broad based SPY ETF.

SXI has a market cap of $2.45 billion. This is considered a Mid Cap stock.

Last quarter Standex International reported $170 million in Revenue and $1.71 earnings per share. This fell short of revenue expectation by $-11 million and exceeded earnings estimates by $.01.

In the last 3 years, SXI traded as high as $212.66 and as low as $79.02.

The top ETF exchange traded funds that SXI belongs to (by Net Assets): IJR, VTI, IWM, VB, VBR.

SXI has outperformed the market in the last year with a return of +37.3%, while the SPY ETF gained +29.9%. In the last 3 month period, SXI beat the market returning +18.3%, while SPY returned +7.8%. However, in the most recent 2 weeks SXI has underperformed the stock market by returning -2.3%, while SPY returned +0.3%.

SXI support price is $202.21 and resistance is $209.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SXI shares will trade within this expected range on the day.