SPX Technologies (SPXC) to Release Quarterly Earnings on Thursday

SPX Technologies (NYSE:SPXC) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $1.16 per share and revenue of $481.32 million for the quarter.

SPX Technologies Trading Down 0.6 %

SPX Technologies stock opened at $133.00 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 1.85 and a debt-to-equity ratio of 0.49. SPX Technologies has a 52 week low of $115.00 and a 52 week high of $183.83. The company has a market capitalization of $6.22 billion, a price-to-earnings ratio of 35.75, a price-to-earnings-growth ratio of 1.33 and a beta of 1.22. The stock has a 50-day moving average price of $133.64 and a 200 day moving average price of $148.27.

Analyst Ratings Changes

SPXC has been the subject of a number of analyst reports. 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 report on Wednesday, February 26th. UBS Group decreased their price target on SPX Technologies from $164.00 to $160.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Finally, Sidoti raised SPX Technologies from a “neutral” rating to a “buy” rating in a report on Wednesday, February 26th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.