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

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$27.02 -0.46 (-1.67 %)
(As of 12/9/2018 04:00 PM ET)
Previous Close$27.02
Today's Range$26.9450 - $28.13
52-Week Range$26.35 - $39.28
Volume200,860 shs
Average Volume238,548 shs
Market Capitalization$1.17 billion
P/E Ratio15.18
Dividend YieldN/A
Beta1.47
SPX 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.92
Current Ratio1.18
Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio15.18
Forward P/E Ratio12.28
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.43 billion
Price / Sales0.82
Cash Flow$2.4299 per share
Price / Cash Flow11.12
Book Value$7.39 per share
Price / Book3.66

Profitability

EPS (Most Recent Fiscal Year)$1.78
Net Income$89.30 million
Net Margins6.79%
Return on Equity25.23%
Return on Assets4.19%

Miscellaneous

Employees5,000
Outstanding Shares43,390,000
Market Cap$1.17 billion
OptionableOptionable

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) issued its earnings results on Thursday, November, 1st. The company reported $0.37 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.09. The business had revenue of $362.50 million for the quarter, compared to analyst estimates of $348.90 million. SPX had a return on equity of 25.23% and a net margin of 6.79%. The firm's revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the company posted $0.36 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, February 21st 2019. View Earnings Estimates for SPX.

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

SPX updated its FY18 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.27. SPX also updated its FY 2018 guidance to $2.15-2.25 EPS.

What price target have analysts set for SPXC?

3 brokerages have issued 1 year price targets for SPX's stock. Their forecasts range from $32.00 to $41.00. On average, they anticipate SPX's share price to reach $36.6667 in the next year. This suggests a possible upside of 35.7% 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.

Has SPX been receiving favorable news coverage?

Media coverage about SPXC stock has trended positive recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SPX earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the next few days.

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)

Who are SPX's major shareholders?

SPX's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.22%), Vanguard Group Inc. (10.80%), ACR Alpine Capital Research LLC (4.14%), Selz Capital LLC (2.46%), FMR LLC (2.21%) and Rothschild & Co. Asset Management US Inc. (2.17%). Company insiders that own SPX stock include John Webster Nurkin and Michael Andrew Reilly. View Institutional Ownership Trends for SPX.

Which major investors are selling SPX stock?

SPXC stock was sold by a variety of institutional investors in the last quarter, including Oppenheimer Asset Management Inc., ACR Alpine Capital Research LLC, Rothschild & Co. Asset Management US Inc., Thrivent Financial for Lutherans, AQR Capital Management LLC, Teachers Advisors LLC, JPMorgan Chase & Co. and JPMorgan Chase & Co.. Company insiders that have sold SPX company stock in the last year include John Webster Nurkin and Michael Andrew Reilly. View Insider Buying and Selling for SPX.

Which major investors are buying SPX stock?

SPXC stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, BlackRock Inc., Assenagon Asset Management S.A., FMR LLC, Selz Capital LLC, Morgan Stanley, Vanguard Group Inc. and Ancora Advisors 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 $27.02.

How big of a company is SPX?

SPX has a market capitalization of $1.17 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.

What is SPX's official website?

The official website for SPX is http://www.spx.com.

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:  2.4 out of 5 (star star)
Outperform Votes:  367 (Vote Outperform)
Underperform Votes:  387 (Vote Underperform)
Total Votes:  754
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 12/9/2018 by MarketBeat.com Staff

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