STOCK TITAN

Standex Intl - SXI STOCK NEWS

Welcome to our dedicated page for Standex Intl news (Ticker: SXI), a resource for investors and traders seeking the latest updates and insights on Standex Intl stock.

Overview

Standex International Corporation (SXI) is a diversified industrial manufacturer that serves both commercial and industrial markets through a wide range of precision-engineered products and services. Operating across five key segments—including electronics, engraving, scientific instruments, engineering technologies, and specialty solutions—the company integrates advanced sensing, switching, and power conversion technologies with traditional manufacturing expertise to deliver innovative, high-quality solutions.

Business Segments and Capabilities

Standex International is organized into five distinct business segments, each addressing a unique market need:

  • Electronics: This segment focuses on the production of essential electronic components such as custom wound transformers, precision inductors, and magnetic power conversion assemblies. Its emphasis on sensing and switching technologies positions it as a key provider for sectors demanding robust electronic solutions.
  • Engraving: Specializing in precision engraving techniques, this division caters to both aesthetic and industrial marking requirements, ensuring that products and components meet rigorous quality and identification standards.
  • Scientific: Offering advanced measurement and instrumentation, the scientific segment supports critical applications in retail pharmacy, research, and technical fields, underscoring the company's commitment to accuracy and reliability.
  • Engineering Technologies: This segment encompasses a broad array of engineering services and technological solutions that support industries such as aerospace, defense, and transportation. It is central to Standex's reputation for developing customized testing, validation, and production processes.
  • Specialty Solutions: Focused on niche markets, this segment delivers specialized products including hydraulics and display merchandising systems, exemplifying the company’s flexibility in adapting to specialized market demands.

Global Reach and Market Position

Standex International has cultivated a robust global presence, operating throughout the United States, Europe, Asia Pacific, and other key regions. This extensive geographic footprint not only enhances its competitive advantage but also mitigates risks associated with market volatility. The company’s portfolio—anchored by well-recognized brands—is built on a foundation of quality, innovation, and reliable performance, distinguishing it among global industrial manufacturers.

Business Model and Operational Excellence

The company generates revenue by combining direct sales of industrial components with value-added engineering and manufacturing services. Its integrated model ensures precision in every step—from design through production—allowing Standex to meet diverse customer requirements across fast-growing markets and traditional industrial segments. The focus on advanced technologies and proactive investment in new product applications reinforces its capability to deliver tailored, high-performance solutions.

Technological Innovation and Industry Expertise

At the heart of Standex International is a strong commitment to technological innovation. The company leverages state-of-the-art automation, advanced research in current sensing and power conversion, and precision engineering methods to drive product development and operational efficiency. This dedication to integrating technology with manufacturing best practices helps the company consistently adapt to and shape market trends.

Competitive Landscape and Strategic Positioning

Operating in a competitive and multifaceted market, Standex differentiates itself through its balanced portfolio and a strategic focus on continuous quality improvement. Its diverse capabilities across multiple sectors help buffer against market fluctuations and competitive pressures. Standex’s commitment to delivering precise, innovative solutions while maintaining robust operational standards underscores its enduring reputation in the industrial manufacturing landscape.

Frequently Asked Questions

The section below answers common questions about Standex International Corporation:

  • What industries does Standex International serve? Standex serves a broad array of industries, including electronics, scientific instrumentation, industrial engraving, aerospace, defense, and specialized manufacturing sectors.
  • What are the company’s main business segments? The company is organized into five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.
  • How is revenue generated at Standex? Revenue is driven by direct sales of industrial components and equipment, supplemented by value-added engineering services and custom manufacturing solutions.
  • What role does advanced technology play in its operations? Advanced automation, precision engineering, and ongoing R&D in sensing and power conversion are central to its manufacturing process, ensuring high quality and innovation.
  • How does the company manage competitive pressures? Through a diversified product portfolio and global operational reach, Standex minimizes market risks and adapts effectively to industry fluctuations.
  • What distinguishes Standex from its competitors? Its longstanding reputation for quality, innovation in technology, and the ability to integrate customized solutions across various industrial segments set it apart in a competitive market.
Rhea-AI Summary

Standex International (SXI) will participate in the Barrington Research Virtual Spring Investment Conference with its President & CEO and CFO presenting on May 16, 2024. The presentation can be accessed on Standex's investor relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.98%
Tags
conferences
-
Rhea-AI Summary

Standex International (NYSE: SXI) reported financial results for the third quarter of fiscal year 2024, with total net sales of $177.3 million, GAAP gross margin of 38.5%, adjusted gross margin of 39.0%, and GAAP operating margin of 12.3%. The company completed the acquisition of Japanese-based Sanyu Switch Co., The fast growth market sales increased by 9% year-on-year to $26 million. Despite a 5.7% organic sales decline, the company expects a return to organic growth rates in FY25. Standex aims to achieve a long-term target of greater than 19% operating margin by fiscal year 2028. The company generated record free cash flow of $19.3 million in the fiscal third quarter and remains optimistic about the long-term trends in fast growth end markets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
Tags
-
Rhea-AI Summary

Standex International (NYSE: SXI) will announce its third quarter fiscal 2024 financial results on Thursday, May 2, 2024, after the market closes. The conference call will be broadcast live over the Internet at 8:30 a.m. ET on Friday, May 3, 2024. David Dunbar, President & CEO, and Ademir Sarcevic, CFO & Treasurer, will discuss the company's financial results, business highlights, and outlook.

Investors can access the webcast and slide presentation on Standex's website under the 'Investors' section, 'Events and Presentations' subheading at www.standex.com. A replay will be available on the website after the presentation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
Rhea-AI Summary
Standex International (NYSE: SXI) declared a quarterly cash dividend of $0.30 per share, marking a 7.1% year-on-year increase. This dividend, payable on May 24, 2024, to shareholders of record on May 10, 2024, represents the company's 239th consecutive quarterly cash dividend since November 1964.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
dividends
-
Rhea-AI Summary
Standex International Corporation (SXI) executives to participate in D.A. Davidson Best-of-Breed Bison Conference on March 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
conferences
-
Rhea-AI Summary
Standex International Corporation (SXI) has successfully closed its acquisition of Sanyu Switch Co., Ltd., expecting it to boost earnings and achieve a double-digit return on invested capital. The acquisition aligns with Standex's strategy of targeting high-margin businesses in rapidly expanding markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
Tags
Rhea-AI Summary
Standex International Corporation (NYSE: SXI) reported financial results for the second quarter of fiscal year 2024, with total net sales of $178.4 million, a 5.0% decrease year-on-year. GAAP gross margin was 40.2%, and adjusted gross margin was 40.3%. The company anticipates completing the acquisition of Sanyu Switch Co., Ltd in fiscal third quarter 2024. The company's long-term financial targets include organic revenue growth at a high-single-digit compounded annual rate, adjusted operating margin above 19%, and a return on invested capital above 15% by fiscal 2028.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
-
Rhea-AI Summary
Standex International Corporation (SXI) has declared a quarterly cash dividend of $0.30 per share, marking a 7.1% year-on-year increase. This is the company's 238th consecutive quarterly cash dividend, with dividends paid each quarter since November 1964.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
dividends
-
Rhea-AI Summary
Standex International Corporation (SXI) will announce its second quarter fiscal 2024 financial results on February 1, 2024, and broadcast its conference call live over the Internet on February 2, 2024. The call will review the Company's financial results, business highlights, and outlook. Investors can listen to the webcast and view the slide presentation on Standex's website. A replay of the webcast will also be available on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
Rhea-AI Summary
Standex International Corporation (SXI) to present at CJS Securities 24th Annual New Ideas for the New Year Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.06%
Tags
conferences

FAQ

What is the current stock price of Standex Intl (SXI)?

The current stock price of Standex Intl (SXI) is $160.85 as of April 1, 2025.

What is the market cap of Standex Intl (SXI)?

The market cap of Standex Intl (SXI) is approximately 1.9B.

What industries does Standex International serve?

Standex serves a wide range of industries including electronics, scientific instrumentation, aerospace, defense, and specialty manufacturing.

What are the primary business segments at Standex?

The company is divided into five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.

How does Standex generate its revenue?

Revenue is generated through direct sales of industrial components and equipment combined with value-added engineering and manufacturing services.

How does technology integrate into Standex's operations?

Cutting-edge automation, precision engineering, and advanced R&D in sensing and power conversion ensure the company delivers innovative and high-quality products.

How does Standex manage market risks?

The company maintains a diversified product portfolio and a broad geographic presence, which helps mitigate risks and adapt to market fluctuations.

What differentiates Standex from its competitors?

Standex’s blend of high-quality manufacturing, innovative technology, and a diverse range of specialized solutions establishes its solid reputation in the industrial market.
Standex Intl

NYSE:SXI

SXI Rankings

SXI Stock Data

1.90B
11.70M
1.66%
97.19%
2.04%
Specialty Industrial Machinery
Refrigeration & Service Industry Machinery
Link
United States
SALEM