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.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.26 per share, payable on February 25, 2022, to shareholders of record by February 11, 2022. This marks the company's 230th consecutive quarterly cash dividend, maintaining a consistent dividend payout since its public listing in November 1964. Standex operates in five segments, including Electronics and Scientific, across multiple countries.
Standex International Corporation (NYSE:SXI) has announced that David Dunbar, Chairman, President & CEO, and Ademir Sarcevic, Vice President, CFO & Treasurer, will present at the Baird 2021 Global Industrial Conference on November 11, 2021, at 2:35 PM ET. Investors can access the live webcast and presentation on the company’s Investor Relations page. A replay will be available after the event. Standex operates globally in five segments including Electronics and Specialty Solutions.
Standex International Corporation (NYSE: SXI) reported a strong first quarter for fiscal year 2022, ending September 30, 2021, with net sales of $175.6 million, up 16.1% year-over-year. Operating income rose by 59% to $22.8 million, while diluted EPS increased 54.8% to $1.30. The company reported a free cash flow of $8.1 million and a net debt to EBITDA ratio of 0.58x. Looking ahead, Standex expects continued revenue and margin growth driven by a healthy backlog and positive market trends in sectors like electric vehicles and renewable energy.
Standex International Corporation (NYSE:SXI) will report its first quarter fiscal 2022 financial results on November 4, 2021, after market close. A live conference call is scheduled for November 5, 2021, at 8:30 a.m. ET. CEO David Dunbar and CFO Ademir Sarcevic will discuss the results and outlook. Investors can access the webcast through the company's website. Standex operates in diverse sectors, including Electronics and Engineering Technologies, with a global footprint.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.26 per share, marking an 8% increase from previous payments. This dividend will be paid on November 24, 2021, to shareholders recorded by November 8, 2021. This also marks the company's 229th consecutive quarterly dividend since its public listing in November 1964, reflecting a consistent commitment to returning value to shareholders.
Standex International Corporation (NYSE:SXI) will present at the Sidoti Fall 2021 Virtual Small Cap Conference on September 23, 2021, at 1:45 PM ET. The presentation will be led by Chairman, President & CEO David Dunbar and CFO Ademir Sarcevic. Interested parties can follow the live webcast on the Investor Relations section of Standex's website under 'Events and Presentations.' A replay will also be available after the event. Standex is a global multi-industry manufacturer with operations across various countries, including the US, Europe, and Asia.
Standex International Corporation (NYSE: SXI) reported strong financial performance for Q4 FY2021, ending June 30, 2021. Net sales reached $176.4 million, a 26.6% year-over-year increase. Operating income rose to $22.4 million with a significant 121.4% increase. Adjusted EBITDA was $31.5 million, up 53.2%. The diluted EPS improved to $1.40, reflecting a 115.4% increase. Free cash flow generation was robust at $26.4 million, indicating strong financial flexibility. Looking ahead, the company anticipates continued growth, despite a slight revenue decrease expected in Q1 FY2022.
Standex International Corporation (NYSE:SXI) announced the promotion of Flavio Maschera to Chief Innovation & Technology Officer, a newly established role to enhance the company's growth strategy. Maschera, who has been with Standex for 15 years, will succeed James Hooven as President of the Engraving segment. Hooven, previously Vice President of Operations and Supply Chain, will lead the Engraving business. David Dunbar, CEO, emphasized the importance of innovation in targeting emerging markets like renewable energy and electric vehicles.
Standex International Corporation (NYSE:SXI) is set to announce its fourth quarter fiscal 2021 financial results on August 12, 2021, after market close. A live conference call will follow on August 13, 2021, at 8:30 a.m. ET, where the CEO David Dunbar and CFO Ademir Sarcevic will discuss the results, business highlights, and upcoming outlook. Interested investors can access the webcast through the company's website, with a replay available shortly after the event.
Standex International Corporation (NYSE: SXI) announced that CEO David Dunbar will present at the Jefferies 2021 Virtual Industrials Conference on August 4, 2021, at 3:00 PM ET. Interests can access the live webcast and presentation through the Investor Relations section of Standex's website. A replay will be available shortly after the event.
Standex operates in five diverse business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions, with a global presence across multiple countries.