Barrington analyst Christopher Howe reiterated a Buy rating on Standex International (NYSE:SXI) on Friday, setting a price target of $113, which is approximately 13.65% above the present share price of $99.43.
Howe expects Standex International to post earnings per share (EPS) of $0.11 for the second quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Standex International, with an average price target of $113.
The analysts price targets range from a high of $113 to a low of $113.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $172.22 million and a net profit of $21.01 million. The company's market cap is $1.22 billion.
According to TipRanks.com, Barrington analyst Christopher Howe is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 40.5% and a 69.01% success rate.
Standex International Corp . manufactures products and services for commercial and industrial markets. It operates through the following segments: Food Service Equipment, Engraving, Engineering Technologies, Electronics and Hydraulics. The Food Service Equipment segment is engaged in the provision of refrigeration, display merchandising and component pumps for the commercial food service and life sciences markets. The Engraving segment creates textures and surface finishes on tooling to enhance the beauty and function of a wide range of consumer goods and automotive products. The Engineering Technologies segment offers net and near net formed single-source customized solutions in the manufacture of engineered components for the aviation, aerospace, defence, energy, industrial, medical, marine, oil and gas, and manned and unmanned space markets. The Electronics segment relates to the manufacture and sale of electronic components for applications throughout the end-user market spectrum. The Hydraulics segment pertains to manufacturing and selling of single and double-acting telescopic and piston rod hydraulic cylinders. The company was founded by John Bolten in 1955 and is headquartered in Salem, NH.