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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Biden's pick to lead FAA withdraws amid shaky Senate support
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Biden's pick to lead FAA withdraws amid shaky Senate support
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Biden's pick to lead FAA withdraws amid shaky Senate support
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
NYSE:SPXC

SPX Technologies - SPXC Stock Forecast, Price & News

$66.77
-0.65 (-0.96%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$65.80
$67.37
50-Day Range
$66.06
$77.20
52-Week Range
$41.66
$78.30
Volume
182,591 shs
Average Volume
239,040 shs
Market Capitalization
$3.03 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$82.00

SPX Technologies MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
22.8% Upside
$82.00 Price Target
Short Interest
Healthy
0.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.29mentions of SPX Technologies in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$2.83 M Sold Last Quarter
Proj. Earnings Growth
12.32%
From $3.49 to $3.92 Per Share

Overall MarketRank

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

2.15 out of 5 stars

Business Services Sector

177th out of 327 stocks

Metalworking Machinery & Equipment Industry

1st out of 4 stocks


SPXC stock logo

About SPX Technologies (NYSE:SPXC) Stock

SPX Technologies, Inc. engages in the supply of infrastructure equipment. It operates through the HVAC and Detection and Measurement segments. The HVAC segment engineers, designs, manufactures, installs, and services cooling products and engineered air quality solutions to the HVAC and industrial markets, as well as heating and ventilation products for the residential and commercial markets. The Detection and Measurement segment engineers, designs, manufactures, services, and installs underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems, fare collection systems, communication technologies, and obstruction lighting. The company was founded in 1912 and is headquartered in Charlotte, NC.

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SPXC Stock News Headlines

"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
Oppenheimer Reaffirms Their Buy Rating on SPX (SPXC)
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
SPX Reports Fourth Quarter and Full-Year 2022 Results
SPXC.K - | Stock Price & Latest News | Reuters
SPX Technologies Announces Sustainability Commitments
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
See More Headlines
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SPXC Company Calendar

Last Earnings
2/23/2023
Today
3/26/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
N/A
Previous Symbol
NASDAQ:SPXC
Employees
3,300
Year Founded
1912

Price Target and Rating

Average Stock Price Forecast
$82.00
High Stock Price Forecast
$82.00
Low Stock Price Forecast
$82.00
Forecasted Upside/Downside
+22.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$200,000.00
Pretax Margin
1.86%

Debt

Sales & Book Value

Annual Sales
$1.46 billion
Cash Flow
$4.45 per share
Book Value
$23.88 per share

Miscellaneous

Free Float
43,664,000
Market Cap
$3.03 billion
Optionable
Optionable
Beta
1.23

Social Links


Key Executives

  • Eugene Joseph Lowe
    President, Chief Executive Officer & Director
  • Randy Data
    President-South Africa & Global Operations
  • Mark A. Carano
    Chief Financial Officer, Treasurer & VP
  • Darnell Smith
    Chief Information Officer
  • Tausha White
    Chief Human Resources Officer & Vice President













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 equities research analysts have issued 12-month price targets for SPX Technologies' shares. Their SPXC share price forecasts range from $82.00 to $82.00. On average, they expect the company's share price to reach $82.00 in the next year. This suggests a possible upside of 22.8% from the stock's current price.
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 beginning of the year. Since then, SPXC stock has increased by 1.7% and is now trading at $66.77.
View the best growth stocks for 2023 here
.

Are investors shorting SPX Technologies?

SPX Technologies saw a decline in short interest during the month of February. As of February 15th, there was short interest totaling 385,200 shares, a decline of 21.0% from the January 31st total of 487,800 shares. Based on an average daily volume of 171,200 shares, the short-interest ratio is presently 2.3 days. Currently, 0.9% of the shares of the stock are sold short.
View SPX Technologies' Short Interest
.

When is SPX Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our SPXC earnings forecast
.

How were SPX Technologies' earnings last quarter?

SPX Technologies, Inc. (NYSE:SPXC) issued its quarterly earnings data on Thursday, February, 23rd. The company reported $1.17 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.19. The company earned $429.30 million during the quarter, compared to analyst estimates of $416 million. SPX Technologies had a net margin of 0.01% and a trailing twelve-month return on equity of 13.14%. The business's revenue was up 22.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.88 EPS.

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

SPX Technologies updated its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided EPS guidance of $3.30-$3.55 for the period, compared to the consensus earnings per share estimate of $3.39. The company issued revenue guidance of $1.50 billion-$1.54 billion, compared to the consensus revenue estimate of $1.56 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 many different retail and institutional investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (9.44%), Earnest Partners LLC (4.84%), Dimensional Fund Advisors LP (2.64%), GW&K Investment Management LLC (2.01%), Geode Capital Management LLC (1.80%) and New York State Common Retirement Fund (1.49%). Insiders that own company stock include Brian G Mason, J Randall Data, 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 $66.77.

How much money does SPX Technologies make?

SPX Technologies (NYSE:SPXC) has a market capitalization of $3.03 billion and generates $1.46 billion in revenue each year. The company earns $200,000.00 in net income (profit) each year or $0.00 on an earnings per share basis.

How many employees does SPX Technologies have?

The company employs 3,300 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.
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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 (980) 474-3700, via email at spx.investor@spx.com, or via fax at 302-655-5049.

This page (NYSE:SPXC) was last updated on 3/26/2023 by MarketBeat.com Staff