DA Davidson has revised its price target for Standex International Corporation (SXI, Financial) from $224 to $207, while maintaining a Buy rating on the stock. This adjustment comes as the firm anticipates the company's first-quarter performance within the machinery sector.
The revision highlights the recent state of "analysis paralysis" among dealers and end-users, who are grappling with numerous uncertainties. While initial optimism following elections buoyed expectations, the lack of clarity surrounding policy specifics has since tempered this outlook.
The firm notes that although the controversy over tariffs has temporarily subsided, tax and policy issues continue to linger, contributing to the uncertain landscape. Companies that deal primarily with government clients, safety-related, or essential products are expected to have an advantage over those focused on large-ticket, private-sector capital expenditure items.
Amid these challenges, Standex and its peers in the machinery sector face potential impacts from ongoing economic conditions, but a focus on essential and government-driven projects may offer some resilience.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Standex International Corp (SXI, Financial) is $203.50 with a high estimate of $224.00 and a low estimate of $175.00. The average target implies an upside of 49.38% from the current price of $136.23. More detailed estimate data can be found on the Standex International Corp (SXI) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Standex International Corp's (SXI, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Standex International Corp (SXI, Financial) in one year is $166.28, suggesting a upside of 22.06% from the current price of $136.23. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Standex International Corp (SXI) Summary page.
