SPX Technologies, Inc. (SPXC)
| Market Cap | 2.87B |
| Revenue (ttm) | 1.30B |
| Net Income (ttm) | 361.50M |
| Shares Out | 45.21M |
| EPS (ttm) | 1.08 |
| PE Ratio | 58.76 |
| Forward PE | 23.98 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 112,181 |
| Open | 63.05 |
| Previous Close | 63.24 |
| Day's Range | 62.72 - 63.51 |
| 52-Week Range | 41.66 - 68.24 |
| Beta | 1.24 |
| Analysts | Buy |
| Price Target | 71.15 (+12.1%) |
| Earnings Date | Aug 4, 2022 |
About SPXC
SPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets in the United States, China, the United Kingdom, and internationally. 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 and comfort heating and ventilation... [Read more...]
Financial Performance
In 2021, SPXC's revenue was $1.22 billion, an increase of 8.10% compared to the previous year's $1.13 billion. Earnings were $425.40 million, an increase of 329.70%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for SPXC stock is "Buy." The 12-month stock price forecast is 71.15, which is an increase of 12.12% from the latest price.
News
SPX Completes Corporate Legal Structure Reorganization; SPX Technologies, Inc. is Now the Publicly Traded Entity
CHARLOTTE, N.C., Aug. 15, 2022 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (“SPX Technologies”) (NYSE:SPXC), as the successor registrant to SPX Corporation, announced today that it has finalized the reor...
SPX (SPXC) Q2 Earnings and Revenues Top Estimates
SPX (SPXC) delivered earnings and revenue surprises of 16.39% and 3.68%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
SPX Reports Second Quarter 2022 Results
Q2 GAAP EPS of $0.41; Adjusted EPS* of $0.71 Raising Full-Year 2022 Adjusted EPS* Guidance to Range of $2.70-2.85 Repurchased $34 Million of Common Stock Announcing Plan to Reorganize Legal Structure
SPX (SPXC) Earnings Expected to Grow: Should You Buy?
SPX (SPXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SPX Corporation Files Application to Cease to be a Reporting Issuer in Canada
CHARLOTTE, N.C., July 25, 2022 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE: SPXC) (“SPX” or the “Company”) announces that it has applied to the Autorité des marchés financiers (the “AMF”), as principal re...
SPX to Report Second Quarter 2022 Financial Results
CHARLOTTE, N.C., July 07, 2022 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) announced today that it will release its financial results for the second quarter of fiscal year 2022 after the U.S. financ...
SPX (SPXC) Upgraded to Buy: Here's Why
SPX (SPXC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
SPX (SPXC) Q1 Earnings and Revenues Surpass Estimates
SPX (SPXC) delivered earnings and revenue surprises of 17.65% and 0.37%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
SPX Reports First Quarter 2022 Results
Q1 GAAP EPS of $0.28; Adjusted EPS* of $0.40 Strong Demand Continues; Managing Macro Risks Updating 2022 Full-Year Adjusted EPS* Guidance for ITL Acquisition
Can Value Investors Consider SPX (SPXC) Stock Right Now?
Is SPX (SPXC) a great pick from the value investor's perspective right now? Read on to know more.
SPX to Report First Quarter 2022 Financial Results
CHARLOTTE, N.C., April 13, 2022 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) announced today that it will release its first quarter 2022 financial results after market close on Wednesday, May 4, 2022.
SPX Announces Acquisition of International Tower Lighting, LLC
Broadens and Strengthens SPX's Aids-to-Navigation Platform Broadens and Strengthens SPX's Aids-to-Navigation Platform
SPX (SPXC) Tops Q4 Earnings Estimates
SPX (SPXC) delivered earnings and revenue surprises of 4.76% and 2.07%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
SPX Reports Fourth Quarter and Full-Year 2021 Results
Q4 and Full-Year GAAP EPS of $0.10 and $1.27 Q4 and Full-Year Adjusted EPS* of $0.88 and $2.33 Introducing 2022 Full-Year Adjusted EPS* Guidance Range of $2.50-$2.80
SPX to Report Fourth Quarter and Full-Year 2021 Financial Results and Present 2022 Financial Guidance on February 23rd
CHARLOTTE, N.C., Feb. 02, 2022 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) announced today that it will release its fourth quarter and full-year 2021 financial results after market close on Wednesda...
SPX Completes Acquisition of Cincinnati Fan
Approximate Annual Revenue of $60-70 million;Attractive Potential for Further Expansion in Engineered Air Quality
SPX To Buy Cincinnati Fan From Dominus Capital For Undisclosed Sum
SPX Corp (NYSE: SPXC) has agreed to purchase Cincinnati Fan & Ventilator Co., Inc., from Dominus Capital L.P. for undisclosed financial terms.
Dominus Capital Announces Agreement to Sell Cincinnati Fan to SPX Corporation
NEW YORK, Nov. 15, 2021 /PRNewswire/ -- Dominus Capital, L.P., a leading private equity firm based in New York, announced today that it has entered into a definitive agreement to sell Cincinnati Fan & V...
SPX (SPXC) Q3 Earnings and Revenues Miss Estimates
SPX (SPXC) delivered earnings and revenue surprises of -2.38% and -4.05%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
SPX Reports Third Quarter 2021 Results
Q3 2021 GAAP EPS of $0.17; Q3 2021 Adjusted EPS* of $0.41; Sale of Transformers Repositions Company for Growth; Strong Cash Flow and Balance Sheet; Updating 2021 Full-Year Guidance for Supply Chain Cons...
Analysts Estimate SPX (SPXC) to Report a Decline in Earnings: What to Look Out for
SPX (SPXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SPX Announces Completion of Sale of SPX Transformer Solutions to Prolec GE
Transaction Strengthens SPX's Focus on Growth in HVAC and Detection & Measurement Transaction Strengthens SPX's Focus on Growth in HVAC and Detection & Measurement
SPX Introduces Fourth Annual Sustainability Report
CHARLOTTE, N.C., Aug. 30, 2021 (GLOBE NEWSWIRE) -- SPX Corporation (“SPX”) (NYSE: SPXC) announced today that it has released its fourth annual sustainability report with data covering 2020. The report i...
SPX (SPXC) Surpasses Q2 Earnings and Revenue Estimates
SPX (SPXC) delivered earnings and revenue surprises of 19.51% and 0.73%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
SPX: Q2 Earnings Insights
Shares of SPX (NYSE:SPXC) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 23.44% over the past year to $0.49, which beat the estimate of $0.46.