FY2025 Earnings Forecast for SPXC Issued By Seaport Res Ptn

SPX Technologies, Inc. (NYSE:SPXC) – Stock analysts at Seaport Res Ptn boosted their FY2025 earnings estimates for SPX Technologies in a research report issued on Thursday, October 30th. Seaport Res Ptn analyst W. Liptak now forecasts that the company will post earnings of $6.71 per share for the year, up from their prior forecast of $6.61. The consensus estimate for SPX Technologies’ current full-year earnings is $5.57 per share. Seaport Res Ptn also issued estimates for SPX Technologies’ Q1 2026 earnings at $1.67 EPS, Q2 2026 earnings at $1.90 EPS, Q3 2026 earnings at $2.02 EPS and FY2026 earnings at $7.68 EPS.

SPX Technologies (NYSE:SPXC) last issued its quarterly earnings data on Thursday, October 30th. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.24. SPX Technologies had a net margin of 10.27% and a return on equity of 19.59%. The business had revenue of $592.80 million for the quarter, compared to analysts’ expectations of $574.32 million. During the same period in the previous year, the business earned $1.39 earnings per share. The company’s revenue was up 22.6% on a year-over-year basis. SPX Technologies has set its FY 2025 guidance at 6.650-6.800 EPS.

SPXC has been the topic of a number of other research reports. Wall Street Zen cut SPX Technologies from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. B. Riley reiterated a “buy” rating and set a $225.00 price target (up from $212.00) on shares of SPX Technologies in a report on Monday, October 27th. Bank of America assumed coverage on SPX Technologies in a report on Wednesday, October 8th. They set a “neutral” rating and a $202.00 price target for the company. Truist Financial assumed coverage on SPX Technologies in a report on Monday, October 20th. They set a “hold” rating and a $209.00 price target for the company. Finally, UBS Group lifted their price target on SPX Technologies from $182.00 to $210.00 and gave the company a “buy” rating in a report on Friday, August 1st. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, SPX Technologies presently has an average rating of “Moderate Buy” and an average price target of $202.75.

SPX Technologies Price Performance

Shares of SPX Technologies stock opened at $224.27 on Monday. The company has a current ratio of 1.97, a quick ratio of 1.28 and a debt-to-equity ratio of 0.62. The company’s 50-day moving average price is $188.78 and its two-hundred day moving average price is $172.88. SPX Technologies has a 52 week low of $115.00 and a 52 week high of $233.71. The stock has a market cap of $10.49 billion, a PE ratio of 50.40, a price-to-earnings-growth ratio of 2.06 and a beta of 1.37.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Nuveen LLC bought a new stake in shares of SPX Technologies during the first quarter valued at approximately $88,852,000. Norges Bank bought a new stake in shares of SPX Technologies during the second quarter valued at approximately $97,223,000. Champlain Investment Partners LLC bought a new stake in shares of SPX Technologies during the first quarter valued at approximately $52,699,000. Van Berkom & Associates Inc. increased its position in shares of SPX Technologies by 3,195.9% during the first quarter. Van Berkom & Associates Inc. now owns 368,024 shares of the company’s stock valued at $47,394,000 after purchasing an additional 356,858 shares during the period. Finally, Invesco Ltd. increased its position in shares of SPX Technologies by 22.3% during the second quarter. Invesco Ltd. now owns 1,157,177 shares of the company’s stock valued at $194,035,000 after purchasing an additional 210,682 shares during the period. 92.82% of the stock is currently owned by institutional investors and hedge funds.

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.