NYSE:SPXC - SPX Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$35.48 +0.90 (+2.60 %)
(As of 09/21/2018 04:16 AM ET)
Previous Close$34.58
Today's Range$34.64 - $35.49
52-Week Range$26.54 - $39.28
Volume181,200 shs
Average Volume222,542 shs
Market Capitalization$1.52 billion
P/E Ratio19.93
Dividend YieldN/A
Beta1.5
SPX logoSPX Corporation supplies infrastructure equipment serving the heating and ventilation (HVAC), detection and measurement, power transmission and generation, and industrial markets in the United States, China, South Africa, the United Kingdom, and internationally. It operates through three segments: HVAC, Detection and Measurement, and Engineered Solutions. The HVAC segment engineers, designs, manufactures, installs, and services cooling products for the HVAC and industrial markets, as well as boilers, comfort heating, and ventilation products for the residential and commercial markets. The Detection and Measurement segment offers underground pipe and cable locators, and inspection equipment, as well as bus fare collection systems, communication technologies, and specialty lighting products. The Engineered Solutions segment provides transformers for the power transmission and distribution markets; and process cooling equipment, as well as rotating and stationary heat exchangers for the industrial and power generation markets. This segment sells transformers for publicly and privately held utilities under the Waukesha brand name; and process cooling products and heat exchangers under the brand names of the SPX Cooling, Marley, Yuba, and Ecolaire. The company markets its products through various distribution channels, such as direct to customers, independent manufacturing representatives, third-party distributors, and retailers. SPX Corporation is headquartered in Charlotte, North Carolina.

Receive SPXC News and Ratings via Email

Sign-up to receive the latest news and ratings for SPXC and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Metalworking machinery & equipment
Sub-IndustryN/A
SectorAuto/Tires/Trucks
SymbolNYSE:SPXC
CUSIPN/A
Phone980-474-3700

Debt

Debt-to-Equity Ratio0.95
Current Ratio1.14
Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio19.93
Forward P/E Ratio15.43
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.43 billion
Price / Sales1.07
Cash Flow$2.4435 per share
Price / Cash14.52
Book Value$7.39 per share
Price / Book4.80

Profitability

EPS (Most Recent Fiscal Year)$1.78
Net Income$89.30 million
Net Margins7.93%
Return on Equity27.30%
Return on Assets4.25%

Miscellaneous

Employees5,000
Outstanding Shares43,050,000
Market Cap$1.52 billion

SPX (NYSE:SPXC) Frequently Asked Questions

What is SPX's stock symbol?

SPX trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPXC."

How were SPX's earnings last quarter?

SPX Corp (NYSE:SPXC) released its quarterly earnings results on Thursday, August, 2nd. The company reported $0.53 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.06. The company earned $379.20 million during the quarter, compared to analysts' expectations of $354.20 million. SPX had a net margin of 7.93% and a return on equity of 27.30%. The business's quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 earnings per share. View SPX's Earnings History.

When is SPX's next earnings date?

SPX is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for SPX.

What guidance has SPX issued on next quarter's earnings?

SPX updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share (EPS) guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.23.

What price target have analysts set for SPXC?

3 Wall Street analysts have issued 1-year price objectives for SPX's shares. Their predictions range from $32.00 to $41.00. On average, they anticipate SPX's share price to reach $38.00 in the next year. This suggests a possible upside of 7.1% from the stock's current price. View Analyst Price Targets for SPX.

What is the consensus analysts' recommendation for SPX?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPX in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SPX.

Who are some of SPX's key competitors?

Who are SPX's key executives?

SPX's management team includes the folowing people:
  • Mr. Eugene Joseph Lowe III, Pres, CEO & Director (Age 50)
  • Mr. Scott William Sproule, VP, CFO & Treasurer (Age 48)
  • Mr. J. Randall Data, Pres of South Africa & Global Operations (Age 52)
  • Mr. John Webster Nurkin, VP, Gen. Counsel & Sec. (Age 48)
  • Mr. John William Swann III, Pres of Weil-McLain, Marley Engineered Products & Radiodetection (Age 47)

Has SPX been receiving favorable news coverage?

News articles about SPXC stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SPX earned a coverage optimism score of 0.18 on Accern's scale. They also gave news headlines about the company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for SPX.

Who are SPX's major shareholders?

SPX's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.54%), ACR Alpine Capital Research LLC (5.26%), Selz Capital LLC (2.20%), Peregrine Capital Management LLC (1.95%), Oppenheimer Asset Management Inc. (1.87%) and FMR LLC (1.82%). View Institutional Ownership Trends for SPX.

Which institutional investors are selling SPX stock?

SPXC stock was sold by a variety of institutional investors in the last quarter, including ACR Alpine Capital Research LLC, Segall Bryant & Hamill LLC, Schwab Charles Investment Management Inc., James Investment Research Inc., Oppenheimer Asset Management Inc., SeaBridge Investment Advisors LLC, First Allied Advisory Services Inc. and Kestrel Investment Management Corp. View Insider Buying and Selling for SPX.

Which institutional investors are buying SPX stock?

SPXC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Federated Investors Inc. PA, Millennium Management LLC, Overbrook Management Corp, Selz Capital LLC, Peregrine Capital Management LLC and Copper Rock Capital Partners LLC. View Insider Buying and Selling for SPX.

How do I buy shares of SPX?

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

What is SPX's stock price today?

One share of SPXC stock can currently be purchased for approximately $35.48.

How big of a company is SPX?

SPX has a market capitalization of $1.52 billion and generates $1.43 billion in revenue each year. The company earns $89.30 million in net income (profit) each year or $1.78 on an earnings per share basis. SPX employs 5,000 workers across the globe.

How can I contact SPX?

SPX's mailing address is 13320-A BALLANTYNE CORPORATE PLACE, CHARLOTTE NC, 28277. The company can be reached via phone at 980-474-3700 or via email at [email protected]


MarketBeat Community Rating for SPX (NYSE SPXC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  359 (Vote Outperform)
Underperform Votes:  364 (Vote Underperform)
Total Votes:  723
MarketBeat's community ratings are surveys of what our community members think about SPX and other stocks. Vote "Outperform" if you believe SPXC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPXC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel