SPX Technologies (SPXC) to Release Earnings on Tuesday

SPX Technologies (NYSE:SPXC) is anticipated to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect SPX Technologies to post earnings of $1.50 per share and revenue of $532.82 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

SPX Technologies Stock Down 1.6 %

SPX Technologies stock opened at $148.88 on Tuesday. The stock has a fifty day moving average of $148.89 and a 200 day moving average of $155.59. SPX Technologies has a one year low of $103.11 and a one year high of $183.83. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.19 and a current ratio of 1.85. The stock has a market cap of $6.90 billion, a PE ratio of 40.02, a price-to-earnings-growth ratio of 1.38 and a beta of 1.29.

Analysts Set New Price Targets

Several research firms have issued reports on SPXC. Wolfe Research began coverage on SPX Technologies in a report on Monday, November 25th. They set an “outperform” rating and a $199.00 price target for the company. UBS Group cut 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 lowered SPX Technologies from a “buy” rating to a “neutral” rating and cut their price target for the company from $187.00 to $175.00 in a 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 company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $168.50.

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.