NYSE:SPXC

SPX Stock Forecast, Price & News

$59.36
+1.00 (+1.71 %)
(As of 06/22/2021 12:00 AM ET)
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Today's Range
$57.65
$59.66
50-Day Range
$57.10
$63.88
52-Week Range
$37.64
$66.19
Volume206,825 shs
Average Volume191,660 shs
Market Capitalization$2.69 billion
P/E Ratio26.98
Dividend YieldN/A
Beta1.35
30 days | 90 days | 365 days | Advanced Chart
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SPX logo

About SPX

SPX Corporation supplies infrastructure equipment serving the heating, ventilation and cooling (HVAC), detection and measurement, power transmission and generation, and industrial markets in the United States, China, South Africa, the United Kingdom, and internationally. The HVAC segment engineers, designs, manufactures, installs, and services cooling products for the HVAC and industrial markets under the Marley and Recold brands; boilers, comfort heating, and ventilation products for the residential and commercial markets under the Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, and Williamson-Thermoflo brand names; and cooling towers. The Detection and Measurement segment offers underground pipe and cable locators, and inspection and rehabilitation equipment, and robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Warren G-V, Cues, and ULC Robotics brands; and bus fare collection systems, communication technologies, and obstruction lighting products under the Genfare, TCI, Flash Technology, and Sabik Marine brand names. The Engineered Solutions segment provides transformers for the power transmission and distribution markets; and process cooling equipment 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 under the SPX Cooling and Marley brand names. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. SPX Corporation was founded in 1912 and is headquartered in Charlotte, North Carolina.

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MarketRank

Overall MarketRank

1.77 out of 5 stars

Auto/Tires/Trucks Sector

32nd out of 171 stocks

Metalworking Machinery & Equipment Industry

3rd out of 9 stocks

Analyst Opinion: 2.5Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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SPX (NYSE:SPXC) Frequently Asked Questions

Is SPX a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPX in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SPX stock.
View analyst ratings for SPX
or view top-rated stocks.

What stocks does MarketBeat like better than SPX?

Wall Street analysts have given SPX a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but SPX wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is SPX's next earnings date?

SPX is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for SPX
.

How were SPX's earnings last quarter?

SPX Co. (NYSE:SPXC) posted its earnings results on Thursday, May, 6th. The company reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.01. The business had revenue of $397.80 million for the quarter, compared to the consensus estimate of $392.17 million. SPX had a net margin of 6.36% and a trailing twelve-month return on equity of 21.62%. The company's quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.62 earnings per share.
View SPX's earnings history
.

How has SPX's stock been impacted by Coronavirus (COVID-19)?

SPX's stock was trading at $38.76 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SPXC shares have increased by 53.1% and is now trading at $59.36.
View which stocks have been most impacted by COVID-19
.

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

SPX issued an update on its FY 2021 earnings guidance on Wednesday, June, 23rd. The company provided earnings per share (EPS) guidance of $2.170-2.370 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.200. The company issued revenue guidance of $1.25 billion-1.25 billion, compared to the consensus revenue estimate of $1.69 billion.

What price target have analysts set for SPXC?

4 equities research analysts have issued 12 month target prices for SPX's shares. Their forecasts range from $72.00 to $72.00. On average, they anticipate SPX's share price to reach $72.00 in the next year. This suggests a possible upside of 21.3% from the stock's current price.
View analysts' price targets for SPX
or view top-rated stocks among Wall Street analysts.

Who are SPX's key executives?

SPX's management team includes the following people:
  • Mr. Eugene Joseph Lowe III, Pres, CEO & Director (Age 53, Pay $2.32M)
  • Mr. James E. Harris, CFO, VP & Treasurer (Age 59, Pay $710.79k)
  • Mr. J. Randall Data, Pres of South Africa & Global Operations (Age 55, Pay $977.37k)
  • Mr. John William Swann III, Pres of Heating, Location & Inspection (Age 50, Pay $893.08k)
  • Mr. Brian G. Mason, Pres of Transformer Solutions (Age 55, Pay $940.21k)
  • Mr. Michael A. Reilly, Chief Accounting Officer, VP of Fin. & Corp. Controller
  • Mr. Paul Clegg, VP of Investor Relations & Communications
  • Mr. John Webster Nurkin, VP, Gen. Counsel & Sec. (Age 51)
  • Vivek Dhir, VP of Global Marketing & Bus. Devel.
  • Ms. NaTausha Heleena White, VP & Chief HR Officer (Age 49)

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

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

Who are some of SPX's key competitors?

What other stocks do shareholders of SPX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SPX 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).

What is SPX's stock symbol?

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

Who are SPX's major shareholders?

SPX's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.29%), Price T Rowe Associates Inc. MD (8.70%), Ameriprise Financial Inc. (3.56%), Dimensional Fund Advisors LP (2.48%), Factorial Partners LLC (2.25%) and Vaughan Nelson Investment Management L.P. (1.87%). Company insiders that own SPX stock include Brian G Mason, John Webster Nurkin, John William Swann III and Scott William Sproule.
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 Rothschild & Co. Asset Management US Inc., Prudential Financial Inc., Sei Investments Co., Panagora Asset Management Inc., Wedge Capital Management L L P NC, Morgan Stanley, Allianz Asset Management GmbH, and Cramer Rosenthal Mcglynn LLC. Company insiders that have sold SPX company stock in the last year include John Webster Nurkin, John William Swann III, and Scott William Sproule.
View insider buying and selling activity for SPX
or view top insider-selling stocks.

Which institutional investors are buying SPX stock?

SPXC stock was purchased by a variety of institutional investors in the last quarter, including Factorial Partners LLC, Ameriprise Financial Inc., BlackRock Inc., Janus Henderson Group PLC, Price T Rowe Associates Inc. MD, Assenagon Asset Management S.A., Vaughan Nelson Investment Management L.P., and DekaBank Deutsche Girozentrale.
View insider buying and selling activity for SPX
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SPX's stock price today?

One share of SPXC stock can currently be purchased for approximately $59.36.

How much money does SPX make?

SPX has a market capitalization of $2.69 billion and generates $1.56 billion in revenue each year. The company earns $97.20 million in net income (profit) each year or $2.80 on an earnings per share basis.

How many employees does SPX have?

SPX employs 4,500 workers across the globe.

What is SPX's official website?

The official website for SPX is www.spx.com.

Where are SPX's headquarters?

SPX is headquartered at 6325 ARDREY KELL ROAD SUITE 400, CHARLOTTE NC, 28277.

How can I contact SPX?

SPX's mailing address is 6325 ARDREY KELL ROAD SUITE 400, CHARLOTTE NC, 28277. The company can be reached via phone at 980-474-3700 or via email at [email protected]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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