Research Analysts Set Expectations for SPXC Q2 Earnings

SPX Technologies, Inc. (NYSE:SPXC - Free Report) - Equities research analysts at B. Riley issued their Q2 2025 EPS estimates for shares of SPX Technologies in a research note issued to investors on Wednesday, May 14th. B. Riley analyst J. Van. Sinderen forecasts that the company will earn $1.43 per share for the quarter. B. Riley currently has a "Strong-Buy" rating on the stock. The consensus estimate for SPX Technologies' current full-year earnings is $5.57 per share. B. Riley also issued estimates for SPX Technologies' Q3 2025 earnings at $1.52 EPS, Q4 2025 earnings at $1.72 EPS, FY2025 earnings at $6.18 EPS, FY2026 earnings at $6.88 EPS, FY2027 earnings at $7.81 EPS and FY2028 earnings at $9.04 EPS.

SPXC has been the topic of a number of other reports. Oppenheimer raised shares of SPX Technologies from a "market perform" rating to an "outperform" rating and set a $165.00 target price on the stock in a report on Wednesday, February 26th. Sidoti upgraded shares of SPX Technologies from a "neutral" rating to a "buy" rating in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, SPX Technologies currently has an average rating of "Buy" and a consensus price target of $178.80.

SPX Technologies Stock Performance

Shares of NYSE:SPXC traded up $0.11 on Monday, reaching $149.94. 170,215 shares of the company's stock were exchanged, compared to its average volume of 278,492. The firm has a market capitalization of $7.00 billion, a price-to-earnings ratio of 40.31, a PEG ratio of 1.33 and a beta of 1.21. SPX Technologies has a fifty-two week low of $115.00 and a fifty-two week high of $183.83. The business's 50-day moving average is $137.79 and its two-hundred day moving average is $147.09. The company has a quick ratio of 1.19, a current ratio of 1.85 and a debt-to-equity ratio of 0.49.

SPX Technologies (NYSE:SPXC - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.22. The business had revenue of $482.60 million for the quarter, compared to analyst estimates of $481.32 million. SPX Technologies had a return on equity of 19.70% and a net margin of 9.11%. The business's revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.25 EPS.

Institutional Investors Weigh In On SPX Technologies

Large investors have recently added to or reduced their stakes in the stock. Allworth Financial LP increased its position in SPX Technologies by 123.3% in the fourth quarter. Allworth Financial LP now owns 163 shares of the company's stock worth $25,000 after buying an additional 90 shares during the period. Empowered Funds LLC acquired a new stake in shares of SPX Technologies in the 4th quarter worth about $27,000. NBC Securities Inc. acquired a new stake in shares of SPX Technologies in the 1st quarter worth about $27,000. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of SPX Technologies by 2,055.6% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 194 shares of the company's stock worth $28,000 after acquiring an additional 185 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of SPX Technologies by 377.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 191 shares of the company's stock valued at $29,000 after purchasing an additional 151 shares during the period. 92.82% of the stock is owned by institutional investors and hedge funds.

SPX Technologies Company Profile

SPX Technologies, Inc supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets worldwide. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers, heating, and ventilation products for the residential and commercial markets.