Standex Q4 Organic Sales Jump 7.7%, Record Orders and FY27 Growth Outlook
SXI sits 76% above its 52-week low of $163.295.
Summary
Standex delivered a strong Q4 with 7.7% organic sales growth, record adjusted EPS of $2.45, and a record order intake of ~$270M, driving a book-to-bill of 1.18. Electronics led with 12.9% organic growth and a 1.27 book-to-bill, signaling robust demand. Full-year adjusted EPS hit a record $8.74 on over $100M in sales growth. The FY27 outlook calls for high single-digit to low double-digit organic growth, over 20 new product launches, and fast-growth market sales surging ~20% to over $310M. This follows the recent Narayan Powertech acquisition and a strong Q3, reinforcing a growth trajectory. The combination of record orders and bullish guidance suggests accelerating momentum into the new fiscal year.
At the time of this announcement, SXI was trading at $287.25 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $3.5B. The 52-week trading range was $163.30 to $363.89. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: PR Newswire.