Q1 EPS Estimates for SPX Technologies Cut by Seaport Res Ptn

SPX Technologies, Inc. (NYSE:SPXC) – Equities research analysts at Seaport Res Ptn reduced their Q1 2025 earnings per share (EPS) estimates for SPX Technologies in a report issued on Tuesday, December 24th. Seaport Res Ptn analyst W. Liptak now forecasts that the company will earn $1.27 per share 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.

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

A number of other analysts have also recently weighed in on SPXC. Sidoti cut shares of SPX Technologies from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $187.00 to $175.00 in a research report on Friday, December 6th. Wolfe Research assumed coverage on SPX Technologies in a research report on Monday, November 25th. They issued an “outperform” rating and a $199.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $164.00.

SPX Technologies Price Performance

SPXC opened at $146.67 on Wednesday. The company has a 50 day moving average of $162.28 and a two-hundred day moving average of $154.74. SPX Technologies has a 52-week low of $95.00 and a 52-week high of $183.83. The company has a quick ratio of 1.19, a current ratio of 1.85 and a debt-to-equity ratio of 0.49. The company has a market cap of $6.80 billion, a P/E ratio of 39.43, a P/E/G ratio of 1.55 and a beta of 1.26.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SPXC. Principal Financial Group Inc. grew its stake in SPX Technologies by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 547,961 shares of the company’s stock valued at $87,378,000 after purchasing an additional 27,545 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of SPX Technologies by 188.4% during the 3rd quarter. Franklin Resources Inc. now owns 12,531 shares of the company’s stock valued at $2,127,000 after buying an additional 8,186 shares during the last quarter. Synovus Financial Corp grew its position in shares of SPX Technologies by 2.1% during the third quarter. Synovus Financial Corp now owns 9,489 shares of the company’s stock worth $1,513,000 after buying an additional 199 shares in the last quarter. Tidal Investments LLC increased its stake in shares of SPX Technologies by 6.6% in the third quarter. Tidal Investments LLC now owns 3,026 shares of the company’s stock worth $483,000 after buying an additional 188 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in SPX Technologies in the third quarter valued at $194,000. Institutional investors and hedge funds 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.