SPX Technologies (SPXC) Projected to Post Quarterly Earnings on Thursday

SPX Technologies (NYSE:SPXC - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $1.16 per share and revenue of $481.32 million for the quarter.

SPX Technologies Trading Up 0.7 %

SPX Technologies stock traded up $0.97 during mid-day trading on Tuesday, hitting $134.10. 175,452 shares of the company's stock were exchanged, compared to its average volume of 279,691. The firm has a market capitalization of $6.27 billion, a P/E ratio of 36.05, a PEG ratio of 1.33 and a beta of 1.22. SPX Technologies has a fifty-two week low of $115.00 and a fifty-two week high of $183.83. The company has a quick ratio of 1.19, a current ratio of 1.85 and a debt-to-equity ratio of 0.49. The company's 50 day simple moving average is $133.40 and its 200-day simple moving average is $148.17.

Analysts Set New Price Targets

Several research firms have issued reports on SPXC. UBS Group dropped their price target on SPX Technologies from $164.00 to $160.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 7th. Oppenheimer upgraded SPX Technologies from a "market perform" rating to an "outperform" rating and set a $165.00 target price on the stock in a research note on Wednesday, February 26th. Finally, Sidoti raised SPX Technologies from a "neutral" rating to a "buy" rating in a research report on Wednesday, February 26th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $174.75.

About SPX Technologies

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.