Spirax-Sarco Engineering (SPX) Share Price, News & Analysis

Company Overview

Spirax Group is positioned to play a critical role in enabling the industrial transition to net zero, aligned to our Purpose to create sustainable value for all our stakeholders as we engineer a more efficient, safer and sustainable world. We put solving customers’ problems at the heart of our total solutions approach. Our global thermal energy and fluid technology solutions improve operating efficiency and safety in our customers’ critical industrial processes. Our new-to-world decarbonisation* solutions will use our proprietary technologies to electrify boilers for the raising of steam, as well as the electrification of other critical industrial process heating applications. Spirax Group comprises three strong and aligned Businesses: Steam Thermal Solutions helps customers control and manage steam within their mission critical industrial applications, such as cleaning, sterilising, cooking and heating. We are helping to put food safely on the world’s tables and keeping our hospitals running. Electric Thermal Solutions has proprietary technologies that deliver electrification solutions at scale in industrial settings, including for the raising of steam, supporting our customers to achieve their net zero goals. We also deliver freeze protection and defrost solutions critical to aviation and space industries and ensure thermal uniformity in Semiconductor chip manufacturing to power the critical electronic systems we rely on. Watson‐Marlow Fluid Technology Solutions is engineering vital fluid technology solutions that optimise the efficient use of resources and support advancements in global health, such as lifesaving vaccines and gene therapies. Spirax Group is headquartered in Cheltenham (UK). We have over 30 strategically located manufacturing plants around the world and are committed to creating a safe and inclusive working culture for our 10,000 colleagues, operating in nearly 70 countries and serving over 100,000 customers globally. The Company’s shares have been listed on the London Stock Exchange since 1959 (symbol: SPX) and we are a constituent of the FTSE 100 and the FTSE4Good Indexes. * Eliminates scopes 1 and 2 greenhouse gas emissions when connected to a green electricity source.

Key Stats

• Today's Range: 7,304 to 7,486
• 50-Day Range: 6,395 to 7,905.79
• 52-Week Range: 5,535 to 8,050
• Volume: 101,274 shs
• Average Volume: 3.26 million shs
• Market Capitalization: £5.49 billion
• P/E Ratio: 33.66
• Dividend Yield: 2.31%
• Price Target: GBX 8,012.50
• Consensus Rating: Hold

Spirax-Sarco Engineering Stock Analysis - MarketRank™

Spirax-Sarco Engineering scored higher than 46% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Hold

Consensus Rating

Spirax-Sarco Engineering has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on no strong buy ratings, 3 buy ratings, 5 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Spirax-Sarco Engineering is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Spirax-Sarco Engineering has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Spirax-Sarco Engineering is 33.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Spirax-Sarco Engineering is 33.66, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.20.

Price to Earnings Growth Ratio

Spirax-Sarco Engineering has a PEG Ratio of 2.20. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Spirax-Sarco Engineering has a P/B Ratio of 4.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SPX.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Spirax-Sarco Engineering pays a meaningful dividend of 2.31%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Spirax-Sarco Engineering does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Spirax-Sarco Engineering is 75.23%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.24

News Sentiment

Spirax-Sarco Engineering has a news sentiment score of 1.24. 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 0.56 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Spirax-Sarco Engineering this week, compared to 0 articles on an average week.

Search Interest

14 people have searched for SPX on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.

Company Ownership

• Score: 2.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Spirax-Sarco Engineering insiders have bought 6.99% more of their company's stock than they have sold. Specifically, they have bought £105,020.34 in company stock and sold £98,161.25 in company stock.

Percentage Held by Insiders

0.61% of the stock of Spirax-Sarco Engineering is held by insiders.

Percentage Held by Institutions

71.35% of the stock of Spirax-Sarco Engineering is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 3/10/2026
• Today: 5/09/2026

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Specialty Industrial Machinery
• Sub-Industry: N/A
• Current Symbol: LON:SPX
• CIK: N/A
• Web: www.spiraxsarcoengineering.com
• Phone: +44-1242-521361
• Fax: N/A
• Employees: 10,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Spirax-Sarco Engineering: GBX 8,012.50
• High Price Target: £105
• Low Price Target: GBX 6,800
• Potential Upside/Downside: +7.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.22
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 221.20
• Trailing P/E Ratio: 33.66
• Forward P/E Ratio: 22.26
• P/E Growth: 2.2
• Net Income: £192.00 million
• Net Margins: 9.60%
• Pretax Margin: N/A
• Return on Equity: 13.86%
• Return on Assets: 6.93%

Debt

• Debt-to-Equity Ratio: 83.78
• Current Ratio: 1.85
• Quick Ratio: 1.73

Sales & Book Value

• Annual Sales: £1.70 billion
• Price / Sales: 3.23
• Cash Flow: GBX 270.93 per share
• Price / Cash Flow: 27.48
• Book Value: GBX 1,573.64 per share
• Price / Book: 4.73

Miscellaneous

• Outstanding Shares: 73,796,000
• Free Float: N/A
• Market Cap: £5.49 billion
• Optionable: Not Optionable
• Beta: 1.15