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

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$30.63 -0.57 (-1.83 %)
(As of 05/19/2019 05:08 AM ET)
Previous Close$30.63
Today's Range$30.63 - $31.34
52-Week Range$25.22 - $39.28
Volume156,923 shs
Average Volume254,586 shs
Market Capitalization$1.34 billion
P/E Ratio13.92
Dividend YieldN/A
Beta1.35
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. It operates in 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 in the residential and commercial markets. The Detection and Measurement segment offers underground pipe and cable locators, and inspection and rehabilitation 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 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 also offers heat exchangers for the industrial and power generation markets. SPX Corporation markets its products through various distribution channels, such as direct to customers, independent manufacturing representatives, third-party distributors, and retailers. The company 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$1.54 billion
Cash Flow$2.8869 per share
Book Value$9.47 per share

Profitability

Net Income$81.20 million

Miscellaneous

Employees4,000
Market Cap$1.34 billion
Next Earnings Date8/1/2019 (Estimated)
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) released its quarterly earnings data on Thursday, May, 2nd. The company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.48 by $0.03. The business had revenue of $351.50 million for the quarter, compared to analysts' expectations of $344.50 million. SPX had a return on equity of 26.49% and a net margin of 4.44%. SPX's revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.44 EPS. View SPX's Earnings History.

When is SPX's next earnings date?

SPX is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 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, May, 2nd. The company provided EPS guidance of $2.50-$2.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.59.

What price target have analysts set for SPXC?

1 Wall Street analysts have issued 12-month price objectives for SPX's shares. Their predictions range from $34.00 to $34.00. On average, they anticipate SPX's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price. 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?

Media coverage about SPXC stock has been trending negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. SPX earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of SPX's key competitors?

What other stocks do shareholders of SPX own?

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 a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.28%), ACR Alpine Capital Research LLC (4.39%), Dimensional Fund Advisors LP (2.64%), Amundi Pioneer Asset Management Inc. (2.12%), Rothschild & Co. Asset Management US Inc. (2.07%) and Peregrine Capital Management LLC (1.72%). Company insiders that own SPX stock include John Webster Nurkin, John William Swann III 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 Morgan Stanley, Selz Capital LLC, FMR LLC, Lazard Asset Management LLC, Oppenheimer Asset Management Inc., ACR Alpine Capital Research LLC, Federated Investors Inc. PA and Skyline Asset Management LP. Company insiders that have sold SPX company stock in the last year include John Webster Nurkin, John William Swann III and Michael Andrew Reilly. View Insider Buying and Selling for SPX.

Which major investors are buying SPX stock?

SPXC stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Pennsylvania Trust Co, Pennsylvania Trust Co, Oxford Asset Management LLP, BlackRock Inc., New York State Common Retirement Fund, Overbrook Management Corp and Amundi Pioneer Asset Management Inc.. 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 $30.63.

How big of a company is SPX?

SPX has a market capitalization of $1.34 billion and generates $1.54 billion in revenue each year. The company earns $81.20 million in net income (profit) each year or $2.20 on an earnings per share basis. SPX employs 4,000 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:  2.3 out of 5 (star star)
Outperform Votes:  382 (Vote Outperform)
Underperform Votes:  433 (Vote Underperform)
Total Votes:  815
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 5/19/2019 by MarketBeat.com Staff

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