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

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$35.47 +0.45 (+1.28 %)
(As of 03/21/2019 02:03 PM ET)
Previous Close$35.02
Today's Range$34.98 - $35.74
52-Week Range$25.22 - $39.28
Volume58,538 shs
Average Volume282,685 shs
Market Capitalization$1.54 billion
P/E Ratio16.12
Dividend YieldN/A
Beta1.37
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$2.9608 per share
Book Value$9.56 per share

Profitability

Net Income$81.20 million

Miscellaneous

Employees4,000
Market Cap$1.54 billion
Next Earnings Date5/2/2019 (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 earnings results on Thursday, February, 14th. The company reported $0.89 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.09. The firm earned $428.70 million during the quarter, compared to analyst estimates of $404.05 million. SPX had a return on equity of 27.04% and a net margin of 5.28%. SPX's revenue was up 13.0% compared to the same quarter last year. During the same period last year, the business posted $0.60 earnings per share. View SPX's Earnings History.

When is SPX's next earnings date?

SPX is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 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, February, 14th. The company provided earnings per share guidance of $2.50-2.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.54. The company issued revenue guidance of ~$1.5 billion, compared to the consensus revenue estimate of $1.53 billion.

What price target have analysts set for SPXC?

1 Wall Street analysts have issued twelve-month price targets for SPX's shares. Their forecasts range from $34.00 to $34.00. On average, they anticipate SPX's share price to reach $34.00 in the next twelve months. This suggests that the stock has a possible downside of 4.1%. 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 stories about SPXC stock have been trending somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SPX earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are some of SPX's key competitors?

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), Bank of America (BAC), PTC (PTC), Advanced Energy Industries (AEIS), Rent-A-Center (RCII), RSP Permian (RSPP), WPX Energy (WPX), Xylem (XYL) and PDL BioPharma (PDLI).

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.24%), Dimensional Fund Advisors LP (2.54%), Dimensional Fund Advisors LP (2.53%), Selz Capital LLC (2.19%), Rothschild & Co. Asset Management US Inc. (2.10%) and Amundi Pioneer Asset Management Inc. (1.97%). 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 institutional investors are selling SPX stock?

SPXC stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Selz Capital LLC, FMR LLC, Prudential Financial Inc., D. E. Shaw & Co. Inc., Thrivent Financial for Lutherans, Segall Bryant & Hamill LLC and First Trust Advisors 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 institutional investors are buying SPX stock?

SPXC stock was bought by a variety of institutional investors in the last quarter, including Channing Capital Management LLC, Skyline Asset Management LP, Norges Bank, Oppenheimer Asset Management Inc., Ancora Advisors LLC, New York State Common Retirement Fund, Ontario Teachers Pension Plan Board 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 $35.47.

How big of a company is SPX?

SPX has a market capitalization of $1.54 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:  2.4 out of 5 (star star)
Outperform Votes:  381 (Vote Outperform)
Underperform Votes:  420 (Vote Underperform)
Total Votes:  801
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 3/21/2019 by MarketBeat.com Staff

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