Barrington analyst Gary Prestopino maintained a Buy rating on Standex International (SXI – Research Report) today and set a price target of $220.00.
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Gary Prestopino has given his Buy rating due to a combination of factors, including Standex International’s strong financial performance in the second quarter of 2025. The company reported an increase in sales by 6.4% and a significant rise in adjusted EBITDA by 13.2%, surpassing both the analyst’s and consensus estimates. This impressive performance is largely attributed to the successful acquisition of Amran/Narayan and a notable increase in sales to fast-growing markets.
Another key reason for the Buy rating is the exceptional performance of Standex’s Electronics segment, which saw a revenue increase of 20.8% and a 53% rise in adjusted operating income. The acquisition of Amran/Narayan has proven to be highly synergistic and accretive, with the acquired company’s products aligning well with global trends in electrical grid investments. These factors, along with the company’s strategic product launches and market expansion, support a positive growth outlook for Standex International.
According to TipRanks, Prestopino is a top 100 analyst with an average return of 24.7% and a 60.32% success rate. Prestopino covers the Consumer Cyclical sector, focusing on stocks such as Cars, ACV Auctions, and Liquidity Services.