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

Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.

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

As of April 18, 2024, SXI stock price declined to $166.85 with 33,329 million shares trading.

SXI has a beta of 0.48, meaning it tends to be less sensitive to market movements. SXI has a correlation of 0.05 to the broad based SPY ETF.

SXI has a market cap of $1.98 billion. This is considered a Small Cap stock.

Last quarter Standex International reported $178 million in Revenue and $1.78 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.06.

In the last 3 years, SXI stock traded as high as $184.18 and as low as $79.02.

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

SXI has outperformed the market in the last year with a return of +38.9%, while the SPY ETF gained +22.3%. In the last 3 month period, SXI beat the market returning +15.8%, while SPY returned +6.1%. However, in the most recent 2 weeks SXI has underperformed the stock market by returning -4.4%, while SPY returned -3.8%.

SXI support price is $163.54 and resistance is $170.44 (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 stock will trade within this expected range on the day.