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NYSE:SPXC

SPX Technologies (SPXC) Stock Price, News & Analysis

$149.43
+3.70 (+2.54%)
(As of 07/26/2024 ET)
Today's Range
$147.38
$150.77
50-Day Range
$132.24
$164.35
52-Week Range
$76.61
$164.91
Volume
373,727 shs
Average Volume
252,466 shs
Market Capitalization
$6.91 billion
P/E Ratio
72.89
Dividend Yield
N/A
Price Target
$141.00

SPX Technologies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
5.6% Downside
$141.00 Price Target
Short Interest
Healthy
1.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.71mentions of SPX Technologies in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$5.67 M Sold Last Quarter
Proj. Earnings Growth
13.04%
From $5.37 to $6.07 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.

1.40 out of 5 stars

Business Services Sector

246th out of 317 stocks

Metalworking Machinery & Equipment Industry

4th out of 4 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 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. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products 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, Cues, ULC Robotics, and Sensors & Software brands; transportation systems under the Genfare brand; communication technologies products under the TCI and ECS brands; and obstruction lighting products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite 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

Team of stockbrokers Discussing with display screens Analyzing data, graphs and reports of stock market trading for investment
Stock Rotation is Underway: Here are the Winners Moving Forward (SPXC)
The CPI report sparked a massive sector rotation; investors are shedding overbought big tech names like Microsoft and NVIDIA in favor of risk-on assets.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
4 Analysts Have This To Say About SPX Techs
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
Machinery
Previous Symbol
NASDAQ:SPXC
Employees
4,100
Year Founded
1912

Price Target and Rating

Average Stock Price Target
$141.00
High Stock Price Target
$142.00
Low Stock Price Target
$140.00
Potential Upside/Downside
-6.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$89.90 million
Pretax Margin
10.35%

Debt

Sales & Book Value

Annual Sales
$1.74 billion
Cash Flow
$5.87 per share
Book Value
$26.17 per share

Miscellaneous

Free Float
44,599,000
Market Cap
$6.95 billion
Optionable
Optionable
Beta
1.20

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SPXC Stock Analysis - Frequently Asked Questions

How have SPXC shares performed this year?

SPX Technologies' stock was trading at $101.01 at the start of the year. Since then, SPXC shares have increased by 47.9% and is now trading at $149.4250.
View the best growth stocks for 2024 here
.

How were SPX Technologies' earnings last quarter?

SPX Technologies, Inc. (NYSE:SPXC) issued its quarterly earnings results on Thursday, May, 2nd. The company reported $1.25 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.19. The business's revenue was up 16.4% on a year-over-year basis.

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.

Does SPX Technologies have any subsidiaries?

The following companies are subsidiaries of SPX Technologies: International Tower Lighting LLC, Cincinnati Fan, Enterprise Control Systems, Sealite, Sensors & Software Inc., ULC Robotics, Patterson-Kelley LLC, and more.

Who are SPX Technologies' major shareholders?

Top institutional shareholders of SPX Technologies include Bank of New York Mellon Corp (0.86%), Swedbank AB (0.43%), Allspring Global Investments Holdings LLC (0.33%) and New York State Teachers Retirement System (0.14%). Insiders that own company stock include Eugene Joseph Lowe III, John Webster Nurkin, John William Swann III, J Randall Data, Natausha Heleena White, Michael Andrew Reilly and Brian G Mason.
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.

What other stocks do shareholders of SPX Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SPX Technologies investors own include SPX FLOW (FLOW), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Pfizer (PFE), Alibaba Group (BABA), Qorvo (QRVO) and Skyworks Solutions (SWKS).

This page (NYSE:SPXC) was last updated on 7/26/2024 by MarketBeat.com Staff

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