SPX Technologies (SPXC) Stock Price, News & Analysis

Company Overview

SPX Technologies (NYSE: SPXC) is a global manufacturer of engineered components, technology and services for energy and industrial applications. The company operates through three primary business units—detection and measurement, test and measurement, and hydraulic solutions—providing critical products that enable the safe and efficient operation of infrastructure around the world. SPX Technologies serves a diverse array of end markets, including HVAC and refrigeration, gas and electric utilities, food and beverage processing, life sciences, and general industrial manufacturing.

Within its detection and measurement segment, SPX Technologies offers leak detection systems, gas analyzers and pipeline inspection tools that help utility companies maintain pressure integrity and regulatory compliance. The test and measurement unit designs and manufactures instruments such as pressure transducers, vacuum pumps and flow meters used by original equipment manufacturers (OEMs) and research laboratories to monitor performance and ensure quality. Meanwhile, the hydraulic solutions group supplies high-pressure intensifiers, valves, fittings and hoses for applications in construction, automotive, aerospace and defense.

Founded in 1912 as the Standard Pneumatic Construction Company in Muskegon, Michigan, SPX Technologies has grown through organic investment and strategic acquisitions to become a leader in precision fluid and gas handling systems. Over more than a century, the company has expanded its engineering and manufacturing footprint across North America, Europe, Asia and Latin America, establishing regional sales offices and service centers to support local customers and field operations.

Headquartered in Charlotte, North Carolina, SPX Technologies is led by President and Chief Executive Officer Eric M. Anderson, who oversees a senior leadership team with extensive experience in industrial engineering and global supply chain management. Under their stewardship, the company continues to invest in research and development, digital monitoring solutions and sustainable manufacturing practices to address evolving customer needs and emerging regulatory requirements worldwide.

Key Stats

• Today's Range: $168.73 to $173.31
• 50-Day Range: $133.00 to $173.03
• 52-Week Range: $115.00 to $183.83
• Volume: 262,403 shs
• Average Volume: 275,014 shs
• Market Capitalization: $7.92 billion
• P/E Ratio: 39.52
• Dividend Yield: N/A
• Price Target: $183.20
• Consensus Rating: Buy

SPX Technologies Stock Analysis - MarketRank™

SPX Technologies scored higher than 40% of companies evaluated by MarketBeat, and ranked 193rd out of 301 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.6 / 5
• Analyst Rating: Buy

Consensus Rating

SPX Technologies has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

SPX Technologies has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 9.87%

Earnings Growth

Earnings for SPX Technologies are expected to grow by 9.87% in the coming year, from $5.57 to $6.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SPX Technologies is 39.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of SPX Technologies is 39.55, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.61.

Price to Earnings Growth Ratio

SPX Technologies has a PEG Ratio of 1.52. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

SPX Technologies has a P/B Ratio of 5.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.82% of the float of SPX Technologies has been sold short.

Short Interest Ratio / Days to Cover

SPX Technologies has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SPX Technologies has recently increased by 3.70%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SPX Technologies does not currently pay a dividend.

Dividend Growth

SPX Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.82% of the float of SPX Technologies has been sold short.

Short Interest Ratio / Days to Cover

SPX Technologies has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SPX Technologies has recently increased by 3.70%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.33

News Sentiment

SPX Technologies has a news sentiment score of 1.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for SPX Technologies this week, compared to 6 articles on an average week.

Search Interest

2 people have searched for SPXC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

1 people have added SPX Technologies to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, SPX Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,043,987.00 in company stock.

Percentage Held by Insiders

Only 3.32% of the stock of SPX Technologies is held by insiders.

Percentage Held by Institutions

92.82% of the stock of SPX Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SPXC Stock Analysis - Frequently Asked Questions

How have SPXC shares performed this year?

SPX Technologies' stock was trading at $145.52 on January 1st, 2025. Since then, SPXC shares have increased by 16.6% and is now trading at $169.6290.

How were SPX Technologies' earnings last quarter?

SPX Technologies, Inc. (NYSE:SPXC) issued its quarterly earnings data on Thursday, May, 1st. The company reported $1.38 earnings per share for the quarter, beating analysts' consensus estimates of $1.16 by $0.22. The business's quarterly revenue was up 3.7% on a year-over-year basis.
Read the conference call transcript.

Does SPX Technologies have any subsidiaries?

SPX Technologies subsidiaries include these companies: International Tower Lighting LLC, Cincinnati Fan, Enterprise Control Systems, Sealite, Sensors & Software Inc., ULC Robotics, Patterson-Kelley LLC, and others.

Who are SPX Technologies' major shareholders?

SPX Technologies' top institutional investors include Thurston Springer Miller Herd & Titak Inc. (0.01%). Insiders that own company stock include Eugene Joseph Lowe III, John Webster Nurkin, John William Swann III, J Randall Data, Natausha Heleena White and Rick D Puckett.
View institutional ownership trends.

How do I buy shares of SPX Technologies?

Shares of SPXC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of SPX Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SPX Technologies investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), ServiceNow (NOW) and e.l.f. Beauty (ELF).

Company Calendar

• Last Earnings: 5/01/2025
• Today: 7/07/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Machinery
• Current Symbol: NYSE:SPXC
• Previous Symbol: NASDAQ:SPXC
• CIK: 88205
• Web: www.spx.com
• Phone: (980) 474-3700
• Fax: 302-655-5049
• Employees: 4,300
• Year Founded: 1912

Price Target and Rating

• Average Stock Price Target: $183.20
• High Stock Price Target: $199.00
• Low Stock Price Target: $165.00
• Potential Upside/Downside: +8.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.29
• Trailing P/E Ratio: 39.55
• Forward P/E Ratio: 30.45
• P/E Growth: 1.52
• Net Income: $200.50 million
• Net Margins: 10.13%
• Pretax Margin: 13.10%
• Return on Equity: 19.67%
• Return on Assets: 9.40%

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 1.88
• Quick Ratio: 1.24

Sales & Book Value

• Annual Sales: $1.98 billion
• Price / Sales: 3.99
• Cash Flow: $7.49 per share
• Price / Cash Flow: 22.65
• Book Value: $29.86 per share
• Price / Book: 5.68

Miscellaneous

• Outstanding Shares: 46,710,000
• Free Float: 45,155,000
• Market Cap: $7.92 billion
• Optionable: Optionable
• Beta: 1.24