FY2025 Earnings Forecast for SPXC Issued By Seaport Res Ptn

SPX Technologies, Inc. (NYSE:SPXC) – Equities research analysts at Seaport Res Ptn lifted their FY2025 earnings estimates for shares of SPX Technologies in a report released on Thursday, October 30th. Seaport Res Ptn analyst W. Liptak now anticipates that the company will post earnings per share of $6.71 for the year, up from their prior estimate 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.

Other analysts also recently issued research reports about the stock. Bank of America began coverage on shares of SPX Technologies in a research report on Wednesday, October 8th. They issued a “neutral” rating and a $202.00 price target for the company. Truist Financial assumed coverage on shares of SPX Technologies in a report on Monday, October 20th. They issued a “hold” rating and a $209.00 price target on the stock. Wall Street Zen cut SPX Technologies from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Oppenheimer boosted their price objective on SPX Technologies from $170.00 to $197.00 and gave the stock an “outperform” rating in a report on Tuesday, July 8th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of SPX Technologies in a research note on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $202.75.

SPX Technologies Stock Performance

NYSE:SPXC opened at $215.62 on Monday. The company has a fifty day moving average of $189.31 and a 200-day moving average of $173.50. The firm has a market capitalization of $10.08 billion, a P/E ratio of 48.45, a P/E/G ratio of 2.06 and a beta of 1.37. The company has a quick ratio of 1.28, a current ratio of 1.97 and a debt-to-equity ratio of 0.62. SPX Technologies has a twelve month low of $115.00 and a twelve month high of $233.71.

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

Institutional Trading of SPX Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. AlphaQuest LLC bought a new stake in SPX Technologies in the 3rd quarter worth approximately $70,000. Arizona State Retirement System boosted its position in SPX Technologies by 1.2% during the third quarter. Arizona State Retirement System now owns 13,821 shares of the company’s stock valued at $2,581,000 after purchasing an additional 169 shares in the last quarter. AE Wealth Management LLC boosted its position in SPX Technologies by 10.0% during the third quarter. AE Wealth Management LLC now owns 2,031 shares of the company’s stock valued at $379,000 after purchasing an additional 185 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in SPX Technologies by 13.9% in the third quarter. TD Waterhouse Canada Inc. now owns 26,176 shares of the company’s stock valued at $4,881,000 after buying an additional 3,195 shares during the last quarter. Finally, AustralianSuper Pty Ltd purchased a new position in shares of SPX Technologies in the third quarter worth about $41,092,000. Institutional investors own 92.82% of the company’s stock.

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.