How to Buy Standex International Stock
Standex International Corp
Standex International is a specialty industrial machinery company located in New Hampshire, United States, which is part of the Industrials sector, and is traded under the ticker SXI on the NYSE exchange.
Standex International stock last closed at $174.96, down 1.16% from the previous day, and has increased 40.7% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.13 percentage points. Standex International stock is currently +40.05% from its 52-week low of $124.93, and -5% from its 52-week high of $184.18.
At the moment, there are 11.85M SXI shares outstanding. The market capitalization of SXI is $2.07B. In the past 24 hours, 110,966 SXI shares were traded.
How to Buy Standex International Stock
Wondering how to invest in Standex International stock? Here's how.
- Decide where to buy Standex International stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Standex International stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your details.
- Analyze Standex International stock: The Standex International ticker symbol is SXI. Is Standex International stock a good investment? Should you buy shares of SXI? How do SXI's underlying business fundamentals look? Do top analysts think Standex International is a good buy? Why has SXI's stock price moved recently? (Hint: Our stock research website can help you evaluate if SXI is a good stock to buy).
- Execute your SXI purchase: Decide if you will purchase SXI shares at the current market price or use a limit order to purchase SXI shares at a given price.
- Get updates on your SXI position: Create a watchlist to monitor your investment in Standex International shares.
Step 1: Decide where to buy Standex International stock
You need a brokerage account in order to access the NYSE market and buy SXI stock.
Our preferred brokerage: eToro
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Get $10 towards your purchase of stock by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you can invest in SXI stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on one of the best stock apps, you need to deposit funds:
Check out the tutorial below if you need help depositing money into your brokerage account.
Step 4: Analyze Standex International stock
Once you have chosen the best place to buy Standex International stock, it's crucial to evaluate their stock before you buy, so you actually comprehend the risk and opportunity.
Overview of key SXI info
Standex International Overview
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on SXI's stock page.
What is the fair value of SXI stock?
Analysts use many financial metrics, analyses, models, and charts to gauge SXI's true value.
Using relative valuations ratios:
- SXI could be undervalued based on its P/E ratio of 27.95x, relative to Specialty Industrial Machinery industry P/E ratio of 29.74x
- SXI may be undervalued based on its P/B ratio of 3.35x, relative to Specialty Industrial Machinery industry P/B ratio of 5.09x
- SXI may be overvalued based on its PEG ratio of 1.61x
You can do additional valuation analysis on SXI's stock here.
SXI Financials at a glance
Passed Health Checks:
- SXI's operating cash flow of $104.60M allows it to safely service it's debt of $177.77M.
- There are more short-term assets than short-term liabilities on the SXI balance sheet.
- SXI earnings of $100.79M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the SXI balance sheet.
- Total SXI debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- SXI has a relatively high debt to equity ratio of 0.61.
- SXI profit margin has gone down from 17.9% to 10.1% in the past year.
Is Standex International stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Equities analysts who research SXI, the consensus analyst rating on Standex International is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Standex International stock forecast page.
SXI Trading Indicators
SXI Performance Numbers
Last year, SXI earnings were $73.65M. In the past 5 year, SXI's earnings have increased by 3% per year. This was faster than the Specialty Industrial Machinery industry average of -0.2%.
Last year, SXI revenue was $728.77M. Over the past 5 year, SXI's revenue has increased by 4.76% per year. This was faster than the Specialty Industrial Machinery industry average of 3.92%.
You can analyze SXI's earnings and revenue performance here.
What are SXI insiders up to?
In the past 12 months, executives and large shareholders at SXI have sold more shares than they have bought.
David A. Dunbar, PresidentCEOChairman of SXI, was the latest SXI insider to sell. They sold $557,820.00 worth of SXI stock on Mar 7, 2024.
Research more about who owns SXI stock here.
Can I get consistent income from SXI stock?
Standex International pays a dividend of 0.66%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.29%. If you owned $1,000 of SXI stock, you would have received $6.63 in the past 12 months.
Standex International dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Standex International dividend yield and history here.
What do other investors have to say about SXI?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your SXI purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you need additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your SXI position
Now that you own some shares in SXI, you'll want to stay up-to-date on your investment.
Add SXI to a watchlist to get the latest updates about your SXI stock.
SXI Feed
How to Buy Stock in Standex International
To summarize, here are the 6 steps you need to take to buy Standex International stock right now:
- Decide where to buy Standex International stock
- Create your brokerage account
- Put funds into your investment account
- Analyze Standex International stock
- Execute your SXI purchase
- Get updates on your SXI position
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Standex International, click below.
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