S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
NYSE:SPXC

SPX (SPXC) Stock Forecast, Price & News

$48.20
+2.13 (+4.62%)
(As of 05/17/2022 12:00 AM ET)
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Today's Range
$46.75
$48.53
50-Day Range
$41.90
$51.25
52-Week Range
$41.66
$68.24
Volume
198,416 shs
Average Volume
161,955 shs
Market Capitalization
$2.20 billion
P/E Ratio
5.47
Dividend Yield
N/A
Beta
1.37
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); and detection and measurement markets in the United States, China, the United Kingdom, and internationally. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services cooling products and engineered air quality solutions for the HVAC, and industrial markets; and heating and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, and Williamson-Thermoflo 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, Warren G-V, Cues, ULC Robotics, and Sensors & Software brands; and bus fare collection systems, communication technologies, and obstruction lighting products under the Genfare, TCI, Flash Technology, Sabik Marine, Sealite, Avlite, and ECS 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.

Headlines

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Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
N/A
Previous Symbol
NASDAQ:SPXC
Employees
3,100
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.22 billion
Cash Flow
$3.58 per share
Book Value
$24.29 per share

Profitability

Net Income
$425.40 million
Pretax Margin
4.61%

Debt

Price-To-Earnings

Miscellaneous

Free Float
44,026,000
Market Cap
$2.20 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/04/2022
Today
5/17/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.55 out of 5 stars

Auto/Tires/Trucks Sector

26th out of 141 stocks

Metalworking Machinery & Equipment Industry

3rd out of 6 stocks

Analyst Opinion: 3.3Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -













SPX (NYSE:SPXC) Frequently Asked Questions

Is SPX a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SPX in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SPX stock.
View analyst ratings for SPX
or view top-rated stocks.

When is SPX's next earnings date?

SPX is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for SPX
.

How were SPX's earnings last quarter?

SPX Co. (NYSE:SPXC) announced its quarterly earnings data on Wednesday, May, 4th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.05. The firm had revenue of $307.10 million for the quarter, compared to analyst estimates of $302.90 million. SPX had a trailing twelve-month return on equity of 10.15% and a net margin of 33.11%. SPX's revenue was up 6.9% compared to the same quarter last year. During the same period last year, the company earned $0.68 earnings per share.
View SPX's earnings history
.

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

SPX updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $2.55-$2.85 for the period, compared to the consensus EPS estimate of $2.70. The company issued revenue guidance of $1.36 billion-$1.43 billion, compared to the consensus revenue estimate of $1.38 billion.

What price target have analysts set for SPXC?

3 brokers have issued 12 month target prices for SPX's shares. Their forecasts range from $74.00 to $74.00. On average, they anticipate SPX's stock price to reach $74.00 in the next year. This suggests a possible upside of 53.5% 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 54, Pay $2.18M)
  • Mr. James E. Harris, CFO, VP & Treasurer (Age 60, Pay $1.07M)
  • Mr. J. Randall Data, Pres of South Africa & Global Operations (Age 56, Pay $971.48k)
  • Mr. John Webster Nurkin, VP, Gen. Counsel & Sec. (Age 52, Pay $722.72k)
  • Mr. John William Swann III, Pres of Heating, Location & Inspection (Age 51, Pay $977.43k) (LinkedIn Profile)
  • Mr. Michael A. Reilly, Chief Accounting Officer, VP of Fin. & Corp. Controller
  • Mr. Paul Clegg, VP of Investor Relations & Communications
  • Vivek Dhir, VP of Global Marketing & Bus. Devel.
  • Ms. NaTausha Heleena White, VP & Chief HR Officer (Age 50) (LinkedIn Profile)
  • Mr. Ross Skelton, Chief Commercial Officer
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.

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (15.19%), Vanguard Group Inc. (10.43%), State Street Corp (3.53%), Dimensional Fund Advisors LP (2.43%), GW&K Investment Management LLC (2.02%) and Brown Advisory Inc. (1.43%). Company insiders that own SPX stock include Brian G Mason, John Webster Nurkin, John William Swann III, Michael Andrew Reilly, Natausha Heleena White and Scott William Sproule.
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 Invesco Ltd., SG Americas Securities LLC, Peregrine Capital Management LLC, JPMorgan Chase & Co., Bank of New York Mellon Corp, Qube Research & Technologies Ltd, Millrace Asset Group Inc., and TD Asset Management Inc.. Company insiders that have sold SPX company stock in the last year include Brian G Mason, John William Swann III, Michael Andrew Reilly, and Natausha Heleena White.
View insider buying and selling activity for SPX
or view top insider-selling stocks.

Which major investors are buying SPX stock?

SPXC stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, GW&K Investment Management LLC, BlackRock Inc., State Street Corp, Healthcare of Ontario Pension Plan Trust Fund, Renaissance Technologies LLC, Ancora Advisors LLC, and Russell Investments Group Ltd..
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 $48.20.

How much money does SPX make?

SPX has a market capitalization of $2.20 billion and generates $1.22 billion in revenue each year. The company earns $425.40 million in net income (profit) each year or $8.809990 on an earnings per share basis.

How many employees does SPX have?

SPX employs 3,100 workers across the globe.

What is SPX's official website?

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

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, via email at [email protected], or via fax at 302-655-5049.

This page was last updated on 5/18/2022 by MarketBeat.com Staff

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