Standex (SXI) is an Incredible Growth Stock: 3 Reasons Why

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, but identifying such stocks can be challenging due to inherent volatility and risks [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - Standex International (SXI) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth being particularly attractive [3] - Standex has a historical EPS growth rate of 14.8%, with projected EPS growth of 13.7% this year, significantly surpassing the industry average of 8.1% [4] Group 3: Cash Flow Growth - Higher-than-average cash flow growth is essential for growth-oriented companies, enabling them to expand without relying on external funding [5] - Standex's year-over-year cash flow growth stands at 17.6%, well above the industry average of 2.2% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 11.7%, compared to the industry average of 9.4% [6] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [7] - The current-year earnings estimates for Standex have increased, with the Zacks Consensus Estimate rising by 4.1% over the past month [8] Group 5: Overall Assessment - Standex has achieved a Zacks Rank of 2 and a Growth Score of B, indicating its potential as a solid choice for growth investors [10]