SPXC vs. WFRD, CHX, MOG.B, WHD, HAYW, EPAC, DNOW, CRCT, EFXT, and OUST
Should you be buying SPX Technologies stock or one of its competitors? The main competitors of SPX Technologies include Weatherford International (WFRD), ChampionX (CHX), Moog (MOG.B), Cactus (WHD), Hayward (HAYW), Enerpac Tool Group (EPAC), DNOW (DNOW), Cricut (CRCT), Enerflex (EFXT), and Ouster (OUST). These companies are all part of the "machinery" industry.
SPX Technologies (NYSE:SPXC) and Weatherford International (NASDAQ:WFRD) are both mid-cap business services companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, media sentiment, analyst recommendations, institutional ownership, risk, dividends, earnings, profitability and community ranking.
SPX Technologies has a beta of 1.2, meaning that its stock price is 20% more volatile than the S&P 500. Comparatively, Weatherford International has a beta of 0.64, meaning that its stock price is 36% less volatile than the S&P 500.
In the previous week, Weatherford International had 23 more articles in the media than SPX Technologies. MarketBeat recorded 32 mentions for Weatherford International and 9 mentions for SPX Technologies. SPX Technologies' average media sentiment score of 0.71 beat Weatherford International's score of 0.43 indicating that SPX Technologies is being referred to more favorably in the media.
SPX Technologies received 405 more outperform votes than Weatherford International when rated by MarketBeat users. However, 64.52% of users gave Weatherford International an outperform vote while only 59.18% of users gave SPX Technologies an outperform vote.
92.8% of SPX Technologies shares are owned by institutional investors. Comparatively, 97.2% of Weatherford International shares are owned by institutional investors. 3.5% of SPX Technologies shares are owned by company insiders. Comparatively, 1.6% of Weatherford International shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
SPX Technologies currently has a consensus target price of $141.00, suggesting a potential downside of 4.60%. Weatherford International has a consensus target price of $153.88, suggesting a potential upside of 29.43%. Given Weatherford International's stronger consensus rating and higher probable upside, analysts clearly believe Weatherford International is more favorable than SPX Technologies.
Weatherford International has a net margin of 9.19% compared to SPX Technologies' net margin of 5.32%. Weatherford International's return on equity of 49.69% beat SPX Technologies' return on equity.
Weatherford International has higher revenue and earnings than SPX Technologies. Weatherford International is trading at a lower price-to-earnings ratio than SPX Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Weatherford International beats SPX Technologies on 13 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SPXC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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