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

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$35.72 +3.67 (+11.45 %)
(As of 02/17/2019 03:41 PM ET)
Previous Close$35.72
Today's Range$34.20 - $36.79
52-Week Range$25.22 - $39.28
Volume808,365 shs
Average Volume251,618 shs
Market Capitalization$1.55 billion
P/E Ratio20.07
Dividend YieldN/A
Beta1.31
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.43 billion
Cash Flow$2.7184 per share
Book Value$7.39 per share

Profitability

Net Income$89.30 million

Miscellaneous

Employees5,000
Market Cap$1.55 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 quarterly earnings results on Thursday, February, 14th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.80 by $0.09. The firm earned $428.70 million during the quarter, compared to analysts' expectations of $404.05 million. SPX had a return on equity of 25.23% and a net margin of 6.79%. The business's quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.60 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, May 2nd 2019. View Earnings Estimates for SPX.

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

SPX issued an update on its FY19 earnings guidance on Thursday, February, 14th. The company provided earnings per share (EPS) guidance of $2.50-2.65 for the period, compared to the Thomson Reuters consensus estimate of $2.54. The company issued revenue guidance of ~$1.5 billion, compared to the consensus revenue estimate of $1.53 billion.

What price target have analysts set for SPXC?

1 brokerages have issued 12 month price targets for SPX's stock. Their forecasts range from $34.00 to $34.00. On average, they expect SPX's stock price to reach $34.00 in the next year. This suggests that the stock has a possible downside of 4.8%. View Analyst Price Targets for SPX.

What is the consensus analysts' recommendation for SPX?

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

Has SPX been receiving favorable news coverage?

News articles about SPXC stock have trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. SPX earned a daily sentiment score of -2.8 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several 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 51)
  • Mr. Scott William Sproule, VP, CFO & Treasurer (Age 49)
  • Mr. J. Randall Data, Pres of South Africa & Global Operations (Age 53)
  • Mr. John Webster Nurkin, VP, Gen. Counsel & Sec. (Age 49)
  • Mr. John William Swann III, Pres of Weil-McLain, Marley Engineered Products & Radiodetection (Age 48)

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. (14.24%), Dimensional Fund Advisors LP (2.54%), Selz Capital LLC (2.19%), Rothschild & Co. Asset Management US Inc. (2.10%), Amundi Pioneer Asset Management Inc. (1.97%) and Peregrine Capital Management LLC (1.97%). 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 Assenagon Asset Management S.A., Selz Capital LLC, Prudential Financial Inc., D. E. Shaw & Co. Inc., Thrivent Financial for Lutherans, Segall Bryant & Hamill LLC, First Trust Advisors LP and SeaBridge Investment Advisors LLC. 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 purchased by a variety of institutional investors in the last quarter, including Channing Capital Management LLC, Skyline Asset Management LP, Oppenheimer Asset Management Inc., Ancora Advisors LLC, New York State Common Retirement Fund, Ontario Teachers Pension Plan Board, Dimensional Fund Advisors LP and Bank of New York Mellon Corp. 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 $35.72.

How big of a company is SPX?

SPX has a market capitalization of $1.55 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:  376 (Vote Outperform)
Underperform Votes:  410 (Vote Underperform)
Total Votes:  786
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 2/17/2019 by MarketBeat.com Staff

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