Research Analysts Set Expectations for SPXC Q1 Earnings

SPX Technologies, Inc. (NYSE:SPXC - Free Report) - Stock analysts at William Blair issued their Q1 2025 EPS estimates for shares of SPX Technologies in a report issued on Sunday, December 8th. William Blair analyst R. Sparenblek forecasts that the company will earn $1.41 per share for the quarter. The consensus estimate for SPX Technologies' current full-year earnings is $5.56 per share. William Blair also issued estimates for SPX Technologies' Q2 2025 earnings at $1.56 EPS, Q3 2025 earnings at $1.50 EPS, Q4 2025 earnings at $1.68 EPS and FY2026 earnings at $7.00 EPS.

Other equities research analysts also recently issued reports about the company. Wolfe Research initiated coverage on SPX Technologies in a research note on Monday, November 25th. They set an "outperform" rating and a $199.00 price target for the company. Sidoti lowered shares of SPX Technologies from a "buy" rating to a "neutral" rating and cut their price objective for the company from $187.00 to $175.00 in a research report on Friday. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $164.00.

SPX Technologies Stock Up 0.2 %

SPXC traded up $0.24 during trading on Tuesday, reaching $159.04. 224,373 shares of the stock traded hands, compared to its average volume of 250,428. The stock's 50-day simple moving average is $164.92 and its two-hundred day simple moving average is $153.72. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.85 and a quick ratio of 1.19. SPX Technologies has a fifty-two week low of $88.87 and a fifty-two week high of $183.83. The stock has a market cap of $7.37 billion, a price-to-earnings ratio of 42.75, a price-to-earnings-growth ratio of 1.59 and a beta of 1.26.

SPX Technologies (NYSE:SPXC - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.01. The firm had revenue of $483.70 million for the quarter, compared to the consensus estimate of $501.02 million. SPX Technologies had a net margin of 9.11% and a return on equity of 19.70%. The firm's revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.06 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SPXC. Conestoga Capital Advisors LLC bought a new position in shares of SPX Technologies in the 2nd quarter valued at approximately $51,070,000. Janus Henderson Group PLC raised its stake in shares of SPX Technologies by 45.3% in the 3rd quarter. Janus Henderson Group PLC now owns 696,713 shares of the company's stock valued at $111,100,000 after acquiring an additional 217,316 shares in the last quarter. Select Equity Group L.P. bought a new position in shares of SPX Technologies in the 2nd quarter valued at approximately $24,904,000. Hood River Capital Management LLC raised its stake in shares of SPX Technologies by 1,342.6% in the 2nd quarter. Hood River Capital Management LLC now owns 187,537 shares of the company's stock valued at $26,657,000 after acquiring an additional 174,537 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of SPX Technologies by 196.9% in the 3rd quarter. Victory Capital Management Inc. now owns 218,993 shares of the company's stock valued at $34,921,000 after acquiring an additional 145,225 shares in the last quarter. 92.82% of the stock is owned by institutional investors.

About SPX Technologies

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.