Q1 Earnings Forecast for SPXC Issued By William Blair

SPX Technologies, Inc. (NYSE:SPXC) – William Blair issued their Q1 2025 earnings estimates for shares of SPX Technologies in a note issued to investors on Sunday, December 8th. William Blair analyst R. Sparenblek forecasts that the company will earn $1.41 per share for the quarter. The consensus estimate for SPX Technologies’ current full-year earnings is $5.56 per share. William Blair also issued estimates for SPX Technologies’ Q2 2025 earnings at $1.56 EPS, Q3 2025 earnings at $1.50 EPS, Q4 2025 earnings at $1.68 EPS and FY2026 earnings at $7.00 EPS.

Other research analysts have also recently issued reports about the stock. Sidoti cut shares of SPX Technologies from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $187.00 to $175.00 in a report on Friday, December 6th. Wolfe Research started coverage on shares of SPX Technologies in a research report on Monday, November 25th. They issued an “outperform” rating and a $199.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $164.00.

SPX Technologies Price Performance

Shares of SPXC opened at $160.83 on Tuesday. The stock has a market cap of $7.46 billion, a P/E ratio of 43.23, a P/E/G ratio of 1.59 and a beta of 1.26. The business’s fifty day moving average is $164.96 and its 200 day moving average is $153.87. 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 12-month low of $89.09 and a 12-month high of $183.83.

SPX Technologies (NYSE:SPXC) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $1.39 earnings per share 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 for the quarter, compared to the consensus estimate of $501.02 million. During the same period in the prior year, the business earned $1.06 EPS. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Crewe Advisors LLC purchased a new stake in SPX Technologies in the 2nd quarter valued at about $28,000. Canada Pension Plan Investment Board purchased a new position in shares of SPX Technologies in the 2nd quarter worth approximately $28,000. V Square Quantitative Management LLC bought a new position in shares of SPX Technologies in the third quarter valued at approximately $28,000. UMB Bank n.a. increased its position in shares of SPX Technologies by 965.0% during the second quarter. UMB Bank n.a. now owns 213 shares of the company’s stock valued at $30,000 after acquiring an additional 193 shares during the last quarter. Finally, ST Germain D J Co. Inc. bought a new stake in SPX Technologies during the third quarter worth $44,000. 92.82% of the stock is owned by institutional investors.

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.