S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
NYSE:SPXC

SPX Technologies - SPXC Stock Forecast, Price & News

$76.71
-0.49 (-0.63%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$76.38
$78.30
50-Day Range
$63.99
$77.20
52-Week Range
$41.66
$78.30
Volume
162,240 shs
Average Volume
131,524 shs
Market Capitalization
$3.47 billion
P/E Ratio
103.66
Dividend Yield
N/A
Price Target
$72.00

SPX Technologies MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.1% Downside
$72.00 Price Target
Short Interest
Healthy
0.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.95mentions of SPX Technologies in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$711,568 Sold Last Quarter
Proj. Earnings Growth
17.18%
From $2.91 to $3.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Business Services Sector

92nd out of 320 stocks

Metalworking Machinery & Equipment Industry

1st out of 4 stocks

SPXC stock logo

About SPX Technologies (NYSE:SPXC) Stock

SPX Technologies, Inc. is a supplier of engineered products and technologies in the HVAC and detection and measurement markets. The company was founded in 1912 and is headquartered in Charlotte, NC.

Receive SPXC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SPX Technologies and its competitors with MarketBeat's FREE daily newsletter.

SPXC Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
SPXC.K - | Stock Price & Latest News | Reuters
SPX Technologies Announces Sustainability Commitments
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
SPX Technologies: SPX Reports Third Quarter 2022 Results
SPX Reports Third Quarter 2022 Results
SPX Introduces Fifth Annual Sustainability Report
SPX Technologies Divests Legacy Asbestos Liabilities
SPX Names CIO and VP Strategy & Development
SPX to Report Third Quarter 2022 Financial Results
SPX Technologies, Inc. (SPXC)
See More Headlines
Receive SPXC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SPX Technologies and its competitors with MarketBeat's FREE daily newsletter.

SPXC Company Calendar

Last Earnings
11/03/2021
Today
2/05/2023
Next Earnings (Confirmed)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
N/A
Previous Symbol
NASDAQ:SPXC
Employees
3,100
Year Founded
1912

Price Target and Rating

Average Stock Price Forecast
$72.00
High Stock Price Forecast
$72.00
Low Stock Price Forecast
$72.00
Forecasted Upside/Downside
-6.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$425.40 million
Pretax Margin
3.80%

Debt

Sales & Book Value

Annual Sales
$1.38 billion
Cash Flow
$3.44 per share
Book Value
$24.29 per share

Miscellaneous

Free Float
43,515,000
Market Cap
$3.47 billion
Optionable
Optionable
Beta
1.22

Social Links


Key Executives

  • Eugene Joseph Lowe
    President, Chief Executive Officer & Director
  • Randy Data
    President-South Africa & Head-Global Operations
  • Mark A. Carano
    Chief Financial Officer, Treasurer & VP
  • Tausha White
    Chief Human Resources Officer & Vice President
  • John Webster Nurkin
    Secretary, Vice President & General Counsel













SPXC Stock - Frequently Asked Questions

Should I buy or sell SPX Technologies stock right now?

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

What is SPX Technologies' stock price forecast for 2023?

1 Wall Street analysts have issued 1-year price targets for SPX Technologies' shares. Their SPXC share price forecasts range from $72.00 to $72.00. On average, they expect the company's share price to reach $72.00 in the next year. This suggests that the stock has a possible downside of 6.1%.
View analysts price targets for SPXC
or view top-rated stocks among Wall Street analysts.

How have SPXC shares performed in 2023?

SPX Technologies' stock was trading at $65.65 at the start of the year. Since then, SPXC stock has increased by 16.8% and is now trading at $76.71.
View the best growth stocks for 2023 here
.

Are investors shorting SPX Technologies?

SPX Technologies saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 434,200 shares, a decline of 14.5% from the December 31st total of 507,800 shares. Based on an average daily trading volume, of 185,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.0% of the shares of the stock are short sold.
View SPX Technologies' Short Interest
.

When is SPX Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our SPXC earnings forecast
.

How can I listen to SPX Technologies' earnings call?

SPX Technologies will be holding an earnings conference call on Thursday, February 23rd at 4:45 PM Eastern. Interested parties can register for or listen to the call using this link.

How were SPX Technologies' earnings last quarter?

SPX Technologies, Inc. (NYSE:SPXC) released its earnings results on Wednesday, November, 3rd. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.42 by $0.01. The firm had revenue of $285.80 million for the quarter, compared to the consensus estimate of $297.85 million. SPX Technologies had a net margin of 2.45% and a trailing twelve-month return on equity of 11.87%. During the same period in the previous year, the business earned $0.64 earnings per share.

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

SPX Technologies issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $2.85-$2.95 for the period, compared to the consensus EPS estimate of $2.82. The company issued revenue guidance of $1.43 billion-$1.47 billion, compared to the consensus revenue estimate of $1.43 billion.

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.

What other stocks do shareholders of SPX Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SPX Technologies 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 Technologies' stock symbol?

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

Who are SPX Technologies' major shareholders?

SPX Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include New York State Common Retirement Fund (1.49%), Allspring Global Investments Holdings LLC (1.11%), Wedge Capital Management L L P NC (0.47%), Peregrine Capital Management LLC (0.41%), Comerica Bank (0.20%) and Assenagon Asset Management S.A. (0.08%). Insiders that own company 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
.

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

What is SPX Technologies' stock price today?

One share of SPXC stock can currently be purchased for approximately $76.71.

How much money does SPX Technologies make?

SPX Technologies (NYSE:SPXC) has a market capitalization of $3.47 billion and generates $1.38 billion in revenue each year. The company earns $425.40 million in net income (profit) each year or $0.74 on an earnings per share basis.

How many employees does SPX Technologies have?

The company employs 3,100 workers across the globe.

Does SPX Technologies have any subsidiaries?
The following companies are subsidiares of SPX Technologies: APV Asia, Arrendadora Korco S.A. de C.V., B.W. Murdoch Ltd, Ballantyne Holdings LLC, Beacon Navigation Pty Ltd, Bethpage Finance S.a.r.l., Beyond Vision LLC, CUES, CUES Canada Inc., CUES Inc., Cincinnati Fan, Cincinnati Fan & Ventilator Company Inc., Clyde Union, Communication Technologies Dominican Republic (COMMTECHDR) SRL, DBT Technologies (Pty) Ltd, Daniels Fans Limited, Dormant Radio Australia Pty Ltd., ELXSI Corporation, Engineered Air Quality Inc., Enterprise Control Systems, Enterprise Control Systems Limited, Fairbanks Morse India Limited, Fairbanks Morse Pump Corporation, Flash Technology LLC, General Signal India Private Limited, Genfare Holdings LLC, Gerstenberg Schröder A/S, International Tower Lighting LLC, KVT&I Pty Ltd, Kayex Holdings LLC, Kiawah Holding Company, Laser Guidance Inc., MCT Services LLC, Marley Canadian ULC, Marley Cooling Tower (Holdings) Limited, Marley Engineered Products LLC, Marley Mexicana S.A. de C.V., North American Transformer, Patterson-Kelley LLC, Patterson-Kelley LLC, Pinehurst Holding Company, Pipeline Inspection Partners Corp., Radiodetection (Canada) Ltd., Radiodetection (China) Limited, Radiodetection Australia Pty Limited, Radiodetection Limited, Radiodetection Sarl, Radiodetection B.V., SGS Refrigeration Inc., SPX (Guangzhou) Cooling Technologies Co.  Ltd., SPX Cooling Technologies Canada Inc., SPX Cooling Technologies Malaysia Sdn Bhd, SPX Cooling Technologies Singapore Pte. Ltd., SPX Cooling Technologies Trading DMCC, SPX Cooling Technologies UK Limited, SPX Cooling Technologies  Inc., SPX Cooling Technologies GmbH, SPX Cooling Technology (Suzhou) Co. Ltd., SPX European Holding Limited, SPX Germany Holding GmbH, SPX Heat Transfer LLC, SPX Holding Inc., SPX Mauritius Ltd., SPX Pension Trust Company Limited, SPX Receivables  LLC, SPX Sabik Europe Holdings Limited, SPX Technologies (Pty) Ltd., SPX Thermal Equipment and Services India Private Limited, Sabik Ltd, Sabik Marine, Sabik Oy (Oy Sabik Ab), Sabik OÜ, Sabik Private Limited, Schonstedt Instrument Company LLC, Schonstedt Instrument Company LLC, Sealite, Sealite Asia Pte Ltd., Sealite Europe S.L.U., Sealite Holdings Pty Ltd, Sealite Investments LLC, Sealite Pty Ltd., Sealite USA LLC, Sealite United Kingdom Limited, Seital, Sensors & Software Inc., Sensors & Software Inc., Star2M Pty Ltd, Strobic Air Corporation, TC2 Limited, TCI International  Inc., Tecnotest, The Marley Company LLC, The Marley-Wylain Company LLC, Torque Tension Systems Ltd, ULC Business Holdings LLC, ULC Pipeline Robotics LLC, ULC Robotics, ULC Robotics International Inc., ULC Robotics International Limited, ULC Services LLC, ULC Technologies LLC, United Dominion Industries, Vokes Limited, WM Technologies LLC, XCel Erectors Inc., and e&e Verfahrenstechnik.
Read More
How can I contact SPX Technologies?

SPX Technologies' mailing address is 6325 ARDREY KELL ROAD SUITE 400, CHARLOTTE NC, 28277. The official website for the company is www.spx.com. The company can be reached via phone at (704) 752-4400, via email at spx.investor@spx.com, or via fax at 302-655-5049.

This page (NYSE:SPXC) was last updated on 2/5/2023 by MarketBeat.com Staff