Seaport Res Ptn Cuts Earnings Estimates for SPX Technologies

SPX Technologies, Inc. (NYSE:SPXC) – Analysts at Seaport Res Ptn cut their Q1 2025 EPS estimates for SPX Technologies in a note issued to investors on Tuesday, December 24th. Seaport Res Ptn analyst W. Liptak now anticipates that the company will post earnings per share of $1.27 for the quarter, down from their previous forecast of $1.34. The consensus estimate for SPX Technologies’ current full-year earnings is $5.56 per share. Seaport Res Ptn also issued estimates for SPX Technologies’ Q3 2025 earnings at $1.56 EPS, Q4 2025 earnings at $1.86 EPS and FY2025 earnings at $6.16 EPS.

SPXC has been the topic of several other research reports. Wolfe Research started coverage on SPX Technologies in a research note on Monday, November 25th. They set an “outperform” rating and a $199.00 target price on the stock. Sidoti downgraded shares of SPX Technologies from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $187.00 to $175.00 in a research report on Friday, December 6th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $164.00.

SPX Technologies Stock Up 0.7 %

NYSE:SPXC opened at $147.66 on Wednesday. The business’s fifty day moving average price is $161.78 and its 200 day moving average price is $154.69. The firm has a market capitalization of $6.85 billion, a price-to-earnings ratio of 39.69, a PEG ratio of 1.55 and a beta of 1.26. The company has a current ratio of 1.85, a quick ratio of 1.19 and a debt-to-equity ratio of 0.49. SPX Technologies has a 1-year low of $95.00 and a 1-year high of $183.83.

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

Institutional Investors Weigh In On SPX Technologies

Several large investors have recently made changes to their positions in SPXC. V Square Quantitative Management LLC bought a new stake in SPX Technologies in the third quarter worth approximately $28,000. Crewe Advisors LLC acquired a new position in SPX Technologies during the second quarter worth $28,000. Canada Pension Plan Investment Board acquired a new position in SPX Technologies during the second quarter worth $28,000. UMB Bank n.a. lifted its position in shares of SPX Technologies by 965.0% in the second quarter. UMB Bank n.a. now owns 213 shares of the company’s stock worth $30,000 after buying an additional 193 shares during the last quarter. Finally, ST Germain D J Co. Inc. bought a new stake in shares of SPX Technologies during the 3rd quarter worth about $44,000. 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.