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T   16.97 (+0.35%)
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AMC   4.58 (-1.72%)
PFE   27.51 (-0.29%)
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NYSE:SPXC

SPX Technologies (SPXC) Stock Price, News & Analysis

$109.60
+1.09 (+1.00%)
(As of 01:27 PM ET)
Today's Range
$107.92
$110.29
50-Day Range
$93.01
$110.37
52-Week Range
$61.09
$111.04
Volume
157,912 shs
Average Volume
177,655 shs
Market Capitalization
$5.00 billion
P/E Ratio
168.62
Dividend Yield
N/A
Price Target
$95.00

SPX Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
12.5% Downside
$95.00 Price Target
Short Interest
Healthy
1.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.04mentions of SPX Technologies in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.93%
From $4.30 to $4.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.27 out of 5 stars

Business Services Sector

485th out of 624 stocks

Metalworking Machinery & Equipment Industry

5th out of 8 stocks


SPXC stock logo

About SPX Technologies Stock (NYSE:SPXC)

SPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets in the United States, China, the United Kingdom, and internationally. 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 and comfort heating and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, and Williamson-Thermoflo brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, and robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Warren G-V, Cues, ULC Robotics, and Sensors & Software brands; and collection systems, communication technologies, and obstruction lighting products under the Genfare, TCI, Flash Technology, Sabik Marine, Sealite, Avlite, and ECS brands. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina.

SPXC Stock Price History

SPXC Stock News Headlines

SPX Technologies to Host 2024 Investor Day on March 26th
SPX Technologies (SPXC) Scheduled to Post Earnings on Thursday
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
SPXC Mar 2024 70.000 put
SPXC Jun 2024 110.000 call
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
Oppenheimer Sticks to Its Buy Rating for SPX (SPXC)
SPX Technologies Inc
SPXC or TRI: Which Is the Better Value Stock Right Now?
Is SPX Technologies (SPXC) Exposed To Secular Tailwinds?
SPXC vs. TRI: Which Stock Is the Better Value Option?
SPX Technologies Inc SPXC
SPX Technologies Reports Third Quarter 2023 Results
See More Headlines
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Company Calendar

Last Earnings
8/02/2023
Today
2/21/2024
Next Earnings (Confirmed)
2/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
N/A
Previous Symbol
NASDAQ:SPXC
Employees
3,300
Year Founded
1912

Price Target and Rating

Average Stock Price Target
$95.00
High Stock Price Target
$100.00
Low Stock Price Target
$90.00
Potential Upside/Downside
-12.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$200,000.00
Pretax Margin
7.21%

Debt

Sales & Book Value

Annual Sales
$1.46 billion
Cash Flow
$4.42 per share
Book Value
$23.88 per share

Miscellaneous

Free Float
43,813,000
Market Cap
$4.96 billion
Optionable
Optionable
Beta
1.25

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SPXC Stock Analysis - Frequently Asked Questions

Should I buy or sell SPX Technologies stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SPX Technologies in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SPXC shares.
View SPXC analyst ratings
or view top-rated stocks.

What is SPX Technologies' stock price target for 2024?

3 brokerages have issued twelve-month target prices for SPX Technologies' shares. Their SPXC share price targets range from $90.00 to $100.00. On average, they predict the company's stock price to reach $95.00 in the next year. This suggests that the stock has a possible downside of 12.5%.
View analysts price targets for SPXC
or view top-rated stocks among Wall Street analysts.

How have SPXC shares performed in 2024?

SPX Technologies' stock was trading at $101.01 at the start of the year. Since then, SPXC shares have increased by 7.5% and is now trading at $108.63.
View the best growth stocks for 2024 here
.

Are investors shorting SPX Technologies?

SPX Technologies saw a decline in short interest in January. As of January 15th, there was short interest totaling 476,100 shares, a decline of 17.2% from the December 31st total of 574,900 shares. Based on an average trading volume of 197,200 shares, the short-interest ratio is presently 2.4 days. Approximately 1.1% of the company's stock are sold short.
View SPX Technologies' Short Interest
.

When is SPX Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our SPXC earnings forecast
.

How can I listen to SPX Technologies' earnings call?

SPX Technologies will be holding an earnings conference call on Thursday, February 22nd at 4:45 PM Eastern. Interested parties can register for or listen to the call using this link.

How were SPX Technologies' earnings last quarter?

SPX Technologies, Inc. (NYSE:SPXC) announced its earnings results on Wednesday, August, 2nd. The company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.22. The firm earned $423.30 million during the quarter, compared to the consensus estimate of $395.72 million. SPX Technologies had a trailing twelve-month return on equity of 17.33% and a net margin of 1.83%. SPX Technologies's revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter last year, the business posted $0.71 EPS.

What is Gene Lowe's approval rating as SPX Technologies' CEO?

45 employees have rated SPX Technologies Chief Executive Officer Gene Lowe on Glassdoor.com. Gene Lowe has an approval rating of 62% among the company's employees. This puts Gene Lowe in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of SPX Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SPX Technologies investors own include SPX FLOW (FLOW), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Pfizer (PFE), Alibaba Group (BABA), Qorvo (QRVO), Skyworks Solutions (SWKS), Bank of America (BAC), Bristol-Myers Squibb (BMY) and Starbucks (SBUX).

Who are SPX Technologies' major shareholders?

SPX Technologies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.95%), Dimensional Fund Advisors LP (2.53%), Artisan Partners Limited Partnership (1.77%), Nuveen Asset Management LLC (1.68%), GW&K Investment Management LLC (1.63%) and Channing Capital Management LLC (1.58%). Insiders that own company stock include Brian G Mason, J Randall Data, John Webster Nurkin, John William Swann III, Michael Andrew Reilly and Natausha Heleena White.
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.
Compare Top Brokerages Here.

Does SPX Technologies have any subsidiaries?
The following companies are subsidiares of SPX Technologies: APV Asia, Arrendadora Korco S.A. de C.V., B.W. Murdoch Ltd, Ballantyne Holdings LLC, Beacon Navigation Pty Ltd, Bethpage Finance S.a.r.l., Beyond Vision LLC, CUES, CUES Canada Inc., CUES Inc., Cincinnati Fan, Cincinnati Fan & Ventilator Company Inc., Clyde Union, Communication Technologies Dominican Republic (COMMTECHDR) SRL, DBT Technologies (Pty) Ltd, Daniels Fans Limited, Dormant Radio Australia Pty Ltd., ELXSI Corporation, Engineered Air Quality Inc., Enterprise Control Systems, Enterprise Control Systems Limited, Fairbanks Morse India Limited, Fairbanks Morse Pump Corporation, Flash Technology LLC, General Signal India Private Limited, Genfare Holdings LLC, Gerstenberg Schröder A/S, International Tower Lighting LLC, KVT&I Pty Ltd, Kayex Holdings LLC, Kiawah Holding Company, Laser Guidance Inc., MCT Services LLC, Marley Canadian ULC, Marley Cooling Tower (Holdings) Limited, Marley Engineered Products LLC, Marley Mexicana S.A. de C.V., North American Transformer, Patterson-Kelley LLC, Patterson-Kelley LLC, Pinehurst Holding Company, Pipeline Inspection Partners Corp., Radiodetection (Canada) Ltd., Radiodetection (China) Limited, Radiodetection Australia Pty Limited, Radiodetection Limited, Radiodetection Sarl, Radiodetection B.V., SGS Refrigeration Inc., SPX (Guangzhou) Cooling Technologies Co.  Ltd., SPX Cooling Technologies Canada Inc., SPX Cooling Technologies Malaysia Sdn Bhd, SPX Cooling Technologies Singapore Pte. Ltd., SPX Cooling Technologies Trading DMCC, SPX Cooling Technologies UK Limited, SPX Cooling Technologies  Inc., SPX Cooling Technologies GmbH, SPX Cooling Technology (Suzhou) Co. Ltd., SPX European Holding Limited, SPX Germany Holding GmbH, SPX Heat Transfer LLC, SPX Holding Inc., SPX Mauritius Ltd., SPX Pension Trust Company Limited, SPX Receivables  LLC, SPX Sabik Europe Holdings Limited, SPX Technologies (Pty) Ltd., SPX Thermal Equipment and Services India Private Limited, Sabik Ltd, Sabik Marine, Sabik Oy (Oy Sabik Ab), Sabik OÜ, Sabik Private Limited, Schonstedt Instrument Company LLC, Schonstedt Instrument Company LLC, Sealite, Sealite Asia Pte Ltd., Sealite Europe S.L.U., Sealite Holdings Pty Ltd, Sealite Investments LLC, Sealite Pty Ltd., Sealite USA LLC, Sealite United Kingdom Limited, Seital, Sensors & Software Inc., Sensors & Software Inc., Star2M Pty Ltd, Strobic Air Corporation, TC2 Limited, TCI International  Inc., Tecnotest, The Marley Company LLC, The Marley-Wylain Company LLC, Torque Tension Systems Ltd, ULC Business Holdings LLC, ULC Pipeline Robotics LLC, ULC Robotics, ULC Robotics International Inc., ULC Robotics International Limited, ULC Services LLC, ULC Technologies LLC, United Dominion Industries, Vokes Limited, WM Technologies LLC, XCel Erectors Inc., and e&e Verfahrenstechnik.
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This page (NYSE:SPXC) was last updated on 2/21/2024 by MarketBeat.com Staff