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.
Industry, Sector and Symbol
Industry Metalworking machinery & equipment
Sub-IndustryN/A
SectorAuto/Tires/Trucks
SymbolNYSE:SPXC
CUSIPN/A
Phone980-474-3700
Debt
Debt-to-Equity Ratio1.04
Current Ratio1.40
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio19.66
Forward P/E Ratio15.60
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.43 billion
Price / Sales1.06
Cash Flow$2.4018 per share
Price / Cash14.61
Book Value$7.39 per share
Price / Book4.75
Profitability
EPS (Most Recent Fiscal Year)$1.78
Net Income$89.30 million
Net Margins5.87%
Return on Equity29.40%
Return on Assets4.13%
Miscellaneous
Employees5,000
Outstanding Shares42,970,000
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) announced its earnings results on Thursday, May, 3rd. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.43 by $0.01. The company had revenue of $351.90 million for the quarter, compared to analysts' expectations of $332.60 million. SPX had a return on equity of 29.40% and a net margin of 5.87%. The business's revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.38 earnings per share. View SPX's Earnings History.
When is SPX's next earnings date?
What guidance has SPX issued on next quarter's earnings?
SPX updated its FY18 earnings guidance on Thursday, June, 7th. The company provided earnings per share (EPS) guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.15.
What price target have analysts set for SPXC?
2 equities research analysts have issued 12-month price targets for SPX's stock. Their forecasts range from $32.00 to $41.00. On average, they anticipate SPX's stock price to reach $36.50 in the next twelve months. View Analyst Ratings for SPX.
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 50)
- Mr. Scott William Sproule, VP, CFO & Treasurer (Age 48)
- Mr. J. Randall Data, Pres of South Africa & Global Operations (Age 52)
- Mr. John Webster Nurkin, VP, Gen. Counsel & Sec. (Age 48)
- Mr. John William Swann III, Pres of Weil-McLain, Marley Engineered Products & Radiodetection (Age 47)
Has SPX been receiving favorable news coverage?
Media coverage about SPXC stock has been trending positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SPX earned a media sentiment score of 0.36 on Accern's scale. They also gave media stories about the company an impact score of 45.50 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are SPX's major shareholders?
SPX's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.47%), ACR Alpine Capital Research LLC (5.88%), Rothschild Asset Management Inc. (2.76%), Dimensional Fund Advisors LP (2.38%), Segall Bryant & Hamill LLC (2.22%) and Oppenheimer Asset Management Inc. (1.99%). View Institutional Ownership Trends for SPX.
Which institutional investors are selling SPX stock?
SPXC stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Millennium Management LLC, Segall Bryant & Hamill LLC, Prudential Financial Inc., Oppenheimer Asset Management Inc., JPMorgan Chase & Co., Thrivent Financial for Lutherans and Spark Investment Management LLC. View Insider Buying and Selling for SPX.
Which institutional investors are buying SPX stock?
SPXC stock was bought by a variety of institutional investors in the last quarter, including Overbrook Management Corp, Amundi Pioneer Asset Management Inc., Interval Partners LP, Ancora Advisors LLC, KBC Group NV, Foresters Investment Management Company Inc., BlackRock Inc. and Dimensional Fund Advisors LP. 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 $35.09.
How big of a company is SPX?
SPX has a market capitalization of $1.52 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.
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 (SPXC)
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.
