SPX Corporation (SPXC)
| Market Cap | 2.75B |
| Revenue (ttm) | 1.51B |
| Net Income (ttm) | 135.70M |
| Shares Out | 45.27M |
| EPS (ttm) | 2.95 |
| PE Ratio | 20.63 |
| Forward PE | 20.12 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 67,324 |
| Open | 61.49 |
| Previous Close | 61.47 |
| Day's Range | 60.49 - 61.90 |
| 52-Week Range | 41.78 - 67.66 |
| Beta | 1.41 |
| Analysts | Strong Buy |
| Price Target | 75.25 (+23.9%) |
| Est. Earnings Date | Nov 3, 2021 |
About SPXC
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. The HVAC segment engineers, designs, manufactures, installs, and services cooling products for the HVAC and industrial markets under the Marley and Recold brands; boilers, comfort heating, and ventilation products for the residential and commercial markets under the Berko, Qmar...
Financial Performance
In 2020, SPXC's revenue was $1.56 billion, an increase of 2.54% compared to the previous year's $1.52 billion. Earnings were $97.20 million, an increase of 48.85%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for SPXC stock is "Strong Buy." The 12-month stock price forecast is 75.25, which is an increase of 23.87% from the latest price.
News
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.
SPX Reports Second Quarter 2021 Results
Q2 2021 GAAP EPS of $0.32; Q2 2021 Adjusted EPS* of $0.49; Updating 2021 Full-Year Guidance to Adjusted EPS* in a Range of $2.25-$2.45; Company on Track for ‘SPX 2025' Targets
SPX Expands Its Communication Technologies Platform With Acquisition Of Enterprise Control Systems For Undisclosed Sum
SPX Corp (NYSE: SPXC) acquired Enterprise Control Systems Ltd, a U.K.-based company that designs and manufactures highly-engineered tactical datalinks and radio frequency (RF) countermeasures, including...
SPX Announces Acquisition of Enterprise Control Systems Ltd; Expands and Strengthens SPX's Communication Technologies...
CHARLOTTE, N.C., Aug. 03, 2021 (GLOBE NEWSWIRE) -- SPX Corporation (“SPX”) (NYSE: SPXC) today announced that it has completed the acquisition of Enterprise Control Systems Ltd (“ECS”). Headquartered nea...
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.
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SPX Announces Agreement to Sell SPX Transformer Solutions to GE-Prolec Transformers
Transaction Expected to Close in the Second Half of 2021;Updating Full-Year 2021 Guidance for Transaction;Management to Host Call at 8:30 am ET Today
SPX (SPXC) Q1 Earnings and Revenues Surpass Estimates
SPX (SPXC) delivered earnings and revenue surprises of 1.49% and 1.59%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: SPX Q1 Earnings
Shares of SPX (NYSE:SPXC) moved lower in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 9.68% over the past year to $0.68, which beat the estima...
SPX Reports First Quarter 2021 Results
Q1 2021 GAAP EPS of $0.60; Q1 2021 Adjusted EPS* of $0.68; Updating 2021 Full-Year Guidance for Sealite Acquisition; Anticipate Full-Year Adjusted EPS* in a Range of $3.06-$3.26
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SPX (SPXC) Reports Next Week: Wall Street Expects Earnings Growth
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 Acquisition of Sealite Pty Ltd
Further Expands and Strengthens SPX's Position in Engineered Lighting Solutions Further Expands and Strengthens SPX's Position in Engineered Lighting Solutions
SPX to Report First Quarter 2021 Financial Results on May 6th
CHARLOTTE, N.C., April 15, 2021 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) announced today that it will release its first quarter 2021 financial results after market close on Thursday, May 6, 2021.
SPX Announces Nomination of New Board Member
Angel Shelton Willis Expected to Serve on Nominating and Governance Committee Angel Shelton Willis Expected to Serve on Nominating and Governance Committee
Recap: SPX Q4 Earnings
Shares of SPX (NYSE:SPXC) moved lower in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 7.29% year over year to $0.89, which missed the estima...
SPX Reports Fourth Quarter and Full-Year 2020 Results
Q4 and Full-Year 2020 GAAP EPS of $0.58 and $2.20 Q4 and Full-Year 2020 Adjusted EPS* of $0.89 and $2.80 Introducing 2021 Full-Year Adjusted EPS* Guidance Range of $3.00-$3.20
SPX to Report Fourth Quarter and Full-Year 2020 Results and Present 2021 Financial Guidance on February 23rd
CHARLOTTE, N.C., Feb. 02, 2021 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) announced today that it will release its fourth quarter and full-year 2020 financial results after market close on Tuesday,...
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Can Value Investors Pick SPX Corporation (SPXC) Stock Now?
Is SPX Corporation (SPXC) a great pick from the value investor's perspective right now? Read on to know more.
SPX Announces Purchase of Sensors & Software Inc.
CHARLOTTE, N.C., Nov. 12, 2020 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) today announced that it has completed the acquisition of Sensors & Software Inc. (“Sensors & Software”), based in Mississau...
SPXC or DORM: Which Is the Better Value Stock Right Now?
SPXC vs. DORM: Which Stock Is the Better Value Option?