Standex International Acquires McStarlite for $56.5 Million

Standex International Corporation has announced the acquisition of McStarlite Co. for approximately $56.5 million in cash. This investment is expected to be accretive to earnings, indicating a positive development for investors.

Date: 06-02-2025

AI Rating: 7

Earnings Per Share (EPS): The report suggests that the acquisition of McStarlite is expected to be accretive to earnings in its first year, which indicates a positive outlook for EPS.

Revenue Growth: McStarlite generated approximately $33 million in revenue in 2024, which adds to Standex’s revenue potential. Alongside the acquisition, this could signal significant revenue growth for Standex moving forward.

Profit Margins (Gross, Operating, Net): The adjusted EBITDA margin for McStarlite is noted to be above 20 percent. This margin is beneficial for profitability, suggesting that McStarlite is a financially sound addition.

Overall, the news reflects a strategic acquisition aimed at improving Standex's position within the aerospace component sector, which may have a favorable impact on its market performance.

Stocks: SXI