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SPX Corporation (SPXC)

NYSE: SPXC · IEX Real-Time Price · USD
60.75 -0.72 (-1.17%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap2.75B
Revenue (ttm)1.51B
Net Income (ttm)135.70M
Shares Out45.27M
EPS (ttm)2.95
PE Ratio20.63
Forward PE20.12
Dividendn/a
Ex-Dividend Daten/a
Volume67,324
Open61.49
Previous Close61.47
Day's Range60.49 - 61.90
52-Week Range41.78 - 67.66
Beta1.41
AnalystsStrong Buy
Price Target75.25 (+23.9%)
Est. Earnings DateNov 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...

IndustryMachinery
Founded1912
CEOEugene Lowe
Employees4,500
Stock ExchangeNYSE
Ticker SymbolSPXC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$75.25
(23.87% upside)
Analyst Consensus: Strong Buy

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

2 weeks ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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?

2 months ago - Zacks Investment Research

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.

2 months ago - Benzinga

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

2 months ago - GlobeNewsWire

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...

2 months ago - Benzinga

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...

2 months ago - GlobeNewsWire

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.

2 months ago - Zacks Investment Research

Major upside could be in store for these stocks, according to Wall Street's best-performing analysts

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Chewy & Square.

Other symbols:CDLXCHWYSQZI
4 months ago - CNBC

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

4 months ago - GlobeNewsWire

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?

5 months ago - Zacks Investment Research

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...

5 months ago - Benzinga

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

5 months ago - GlobeNewsWire

Top Stocks To Buy Today As Markets Dip Despite Amazon's Blowout Earnings

The markets have been up and down all week, even despite strong earnings from Amazon, Apple, Facebook, and more. Make the most of today with the top buys from Q.ai's Artificial Intelligence.

Other symbols:ECHOFULHI
5 months ago - Forbes

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.

5 months ago - Zacks Investment Research

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

6 months ago - GlobeNewsWire

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.

6 months ago - GlobeNewsWire

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

6 months ago - GlobeNewsWire

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...

7 months ago - Benzinga

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

7 months ago - GlobeNewsWire

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,...

8 months ago - GlobeNewsWire

A Trio of High Return on Equity Ratio Stock Picks to Consider

When a company's return on equity (ROE) ratio beats most of its peers, it indicates the company has been very efficient in generating earnings.

Other symbols:BWXTERIE
9 months ago - GuruFocus

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.

10 months ago - Zacks Investment Research

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...

11 months ago - GlobeNewsWire

SPXC or DORM: Which Is the Better Value Stock Right Now?

SPXC vs. DORM: Which Stock Is the Better Value Option?

Other symbols:DORM
11 months ago - Zacks Investment Research