Seaport Res Ptn Has Negative Forecast for SPXC Q1 Earnings

SPX Technologies, Inc. (NYSE:SPXC - Free Report) - Stock analysts at Seaport Res Ptn lowered their Q1 2025 earnings per share (EPS) estimates for shares of SPX Technologies in a research note issued to investors on Wednesday, February 26th. Seaport Res Ptn analyst W. Liptak now expects that the company will post earnings per share of $1.19 for the quarter, down from their prior estimate of $1.27. The consensus estimate for SPX Technologies' current full-year earnings is $5.57 per share. Seaport Res Ptn also issued estimates for SPX Technologies' Q3 2025 earnings at $1.58 EPS, Q1 2026 earnings at $1.38 EPS, Q2 2026 earnings at $1.71 EPS, Q3 2026 earnings at $1.76 EPS, Q4 2026 earnings at $2.02 EPS and FY2026 earnings at $6.87 EPS.

A number of other equities analysts also recently weighed in on the company. Oppenheimer raised SPX Technologies from a "market perform" rating to an "outperform" rating and set a $165.00 price target for the company in a research report on Wednesday. Wolfe Research assumed coverage on SPX Technologies in a research report on Monday, November 25th. They set an "outperform" rating and a $199.00 price target for the company. Sidoti raised SPX Technologies from a "neutral" rating to a "buy" rating in a research report on Wednesday. Finally, UBS Group cut their price objective on SPX Technologies from $164.00 to $160.00 and set a "neutral" rating for the company in a report on Tuesday, January 7th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $174.75.

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SPX Technologies Stock Up 1.1 %

NYSE:SPXC traded up $1.61 during trading hours on Thursday, reaching $145.55. 574,180 shares of the stock were exchanged, compared to its average volume of 317,151. SPX Technologies has a twelve month low of $112.53 and a twelve month high of $183.83. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.85 and a quick ratio of 1.19. The firm has a 50 day moving average of $147.15 and a 200 day moving average of $155.45. The stock has a market cap of $6.75 billion, a PE ratio of 39.13, a PEG ratio of 1.33 and a beta of 1.29.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Park Square Financial Group LLC bought a new stake in SPX Technologies during the fourth quarter worth about $318,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of SPX Technologies during the 4th quarter worth approximately $5,209,000. Armis Advisers LLC bought a new stake in shares of SPX Technologies during the 4th quarter worth approximately $319,000. Palisades Investment Partners LLC lifted its holdings in shares of SPX Technologies by 9.9% during the 4th quarter. Palisades Investment Partners LLC now owns 112,097 shares of the company's stock worth $16,312,000 after acquiring an additional 10,109 shares during the period. Finally, Twinbeech Capital LP bought a new stake in shares of SPX Technologies during the 4th quarter worth approximately $1,931,000. Institutional investors own 92.82% of the company's stock.

SPX Technologies Company Profile

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.