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NYSE:SPXC

SPX Technologies (SPXC) Stock Price, News & Analysis

$117.76
-0.99 (-0.83%)
(As of 02:39 PM ET)
Today's Range
$117.09
$119.99
50-Day Range
$105.74
$124.29
52-Week Range
$61.09
$124.81
Volume
69,382 shs
Average Volume
231,781 shs
Market Capitalization
$5.45 billion
P/E Ratio
61.33
Dividend Yield
N/A
Price Target
$130.00

SPX Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
9.5% Upside
$130.00 Price Target
Short Interest
Healthy
1.22% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.87mentions of SPX Technologies in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$10.96 M Sold Last Quarter
Proj. Earnings Growth
12.72%
From $5.03 to $5.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.88 out of 5 stars

Business Services Sector

233rd out of 317 stocks

Metalworking Machinery & Equipment Industry

3rd out of 4 stocks

SPXC stock logo

About SPX Technologies Stock (NYSE:SPXC)

SPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets worldwide. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers, heating, and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, and robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Cues, ULC Robotics, and Sensors & Software brands; transportation systems under the Genfare brand; communication technologies products under the TCI and ECS brands; and obstruction lighting products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite brands. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina.

SPXC Stock Price History

SPXC Stock News Headlines

AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
SPXC Apr 2024 100.000 call
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
SPXC SPX Technologies, Inc.
SPXC Apr 2024 155.000 call
SPX Reports Fourth Quarter and Full-Year 2023 Results
SPX Technologies to Host 2024 Investor Day on March 26th
SPX Technologies to Host 2024 Investor Day on March 26th
SPXC Mar 2024 70.000 put
SPXC Jun 2024 110.000 call
Oppenheimer Sticks to Its Buy Rating for SPX (SPXC)
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/17/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metalworking machinery & equipment
Sub-Industry
N/A
Previous Symbol
NASDAQ:SPXC
Employees
4,100
Year Founded
1912

Price Target and Rating

Average Stock Price Target
$130.00
High Stock Price Target
$134.00
Low Stock Price Target
$126.00
Potential Upside/Downside
+9.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
2 Analysts

Profitability

Net Income
$89.90 million
Pretax Margin
10.70%

Debt

Sales & Book Value

Annual Sales
$1.74 billion
Cash Flow
$5.76 per share
Book Value
$26.17 per share

Miscellaneous

Free Float
44,619,000
Market Cap
$5.49 billion
Optionable
Optionable
Beta
1.25

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SPXC Stock Analysis - Frequently Asked Questions

Should I buy or sell SPX Technologies stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPX Technologies in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SPXC shares.
View SPXC analyst ratings
or view top-rated stocks.

What is SPX Technologies' stock price target for 2024?

2 brokers have issued twelve-month price objectives for SPX Technologies' stock. Their SPXC share price targets range from $126.00 to $134.00. On average, they predict the company's stock price to reach $130.00 in the next year. This suggests a possible upside of 9.5% 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 2024?

SPX Technologies' stock was trading at $101.01 on January 1st, 2024. Since then, SPXC stock has increased by 17.6% and is now trading at $118.75.
View the best growth stocks for 2024 here
.

When is SPX Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our SPXC earnings forecast
.

How can I listen to SPX Technologies' earnings call?

SPX Technologies will be holding an earnings conference call on Thursday, May 2nd at 4:45 PM Eastern. Interested parties can register for or listen to the call using this link.

How were SPX Technologies' earnings last quarter?

SPX Technologies, Inc. (NYSE:SPXC) released its quarterly earnings data on Thursday, February, 22nd. The company reported $1.25 EPS for the quarter, hitting analysts' consensus estimates of $1.25. The firm had revenue of $469.40 million for the quarter, compared to the consensus estimate of $481.98 million. SPX Technologies had a trailing twelve-month return on equity of 17.30% and a net margin of 5.16%. SPX Technologies's quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.17 earnings per share.

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

SPX Technologies issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of 4.850-5.150 for the period, compared to the consensus estimate of 4.720. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 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).

Who are SPX Technologies' major shareholders?

SPX Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Moody National Bank Trust Division (0.03%). Insiders that own company stock include Brian G Mason, Eugene Joseph Lowe III, J Randall Data, John Webster Nurkin, John William Swann III, Michael Andrew Reilly and Natausha Heleena White.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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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This page (NYSE:SPXC) was last updated on 4/17/2024 by MarketBeat.com Staff

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