SPX Technologies, Inc. (SPXC)

NYSE: SPXC · IEX Real-Time Price · USD
63.46
+0.22 (0.35%)
Aug 18, 2022 4:00 PM EDT - Market closed
0.35%
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...]

Industry Machinery
Founded 1912
Employees 3,100
Stock Exchange NYSE
Ticker Symbol SPXC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$71.15
(12.12% upside)
Analyst Consensus: Buy
Stock Forecasts

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.