SPX Technologies (SPXC) to Release Earnings on Thursday

SPX Technologies (NYSE:SPXC) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect SPX Technologies to post earnings of $1.16 per share and revenue of $481.32 million for the quarter.

SPX Technologies Stock Performance

Shares of SPX Technologies stock opened at $129.04 on Thursday. The firm has a market cap of $6.04 billion, a PE ratio of 34.69, a price-to-earnings-growth ratio of 1.33 and a beta of 1.22. SPX Technologies has a 1 year low of $115.00 and a 1 year high of $183.83. The firm’s 50-day simple moving average is $134.61 and its 200-day simple moving average is $149.13. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.19 and a current ratio of 1.85.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on SPXC shares. Oppenheimer upgraded SPX Technologies from a “market perform” rating to an “outperform” rating and set a $165.00 price target for the company in a report on Wednesday, February 26th. UBS Group lowered their target price on shares of SPX Technologies from $164.00 to $160.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Finally, Sidoti upgraded shares of SPX Technologies from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 26th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $174.75.

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.