Spx Corp Stock Buy Hold or Sell Recommendation

SPXC Stock  USD 143.94  7.27  4.81%   
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding SPX Corp is 'Strong Sell'. Macroaxis provides SPX Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SPX Corp positions.
  
Check out SPX Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.
In addition, we conduct extensive research on individual companies such as SPX and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards SPX Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Execute SPX Corp Buy or Sell Advice

The SPX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SPX Corp. Macroaxis does not own or have any residual interests in SPX Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SPX Corp's advice using the current market data and latest reported fundamentals.

Time Horizon

30  Days

Risk Tolerance

I am an average risk taker
Execute Advice
Sell SPX CorpBuy SPX Corp
JavaScript chart by amCharts 3.21.15
Strong Sell

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon SPX Corp has a Mean Deviation of 1.92, Standard Deviation of 2.68 and Variance of 7.19
Macroaxis provides recommendation on SPX Corp to complement and cross-verify current analyst consensus on SPX Corp. Our trade recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure SPX Corp is not overpriced, please validate all SPX Corp fundamentals, including its net income, price to earnings to growth, net asset, as well as the relationship between the current ratio and retained earnings . Given that SPX Corp has a price to earning of 31.50 X, we advise you to double-check SPX Corp market performance and probability of bankruptcy to ensure the company can sustain itself for the next few years given your current risk tolerance and investing horizon.

SPX Corp Trading Alerts and Improvement Suggestions

SPX Corp generated a negative expected return over the last 90 days
SPX Corp is unlikely to experience financial distress in the next 2 years
Over 97.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: What is Seaport Res Ptns Estimate for SPXC Q1 Earnings

SPX Corp Returns Distribution Density

The distribution of SPX Corp's historical returns is an attempt to chart the uncertainty of SPX Corp's future price movements. The chart of the probability distribution of SPX Corp daily returns describes the distribution of returns around its average expected value. We use SPX Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SPX Corp returns is essential to provide solid investment advice for SPX Corp.
Mean Return
-0.19
Value At Risk
-4.81
Potential Upside
3.49
Standard Deviation
2.68
   Return Density   
JavaScript chart by amCharts 3.21.15-10.74-8.02-5.3-2.72-0.142.254.767.410.0512.69VARUpside 0.010.020.030.040.05
JavaScript chart by amCharts 3.21.15GOOGLE
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SPX Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

SPX Stock Institutional Investors

Shares
Conestoga Capital Advisors, Llc2024-12-31
787.8 K
Alliancebernstein L.p.2024-12-31
741.1 K
Hhg Plc2024-12-31
723.7 K
Fmr Inc2024-12-31
718.3 K
Nuveen Asset Management, Llc2024-09-30
694.1 K
Goldman Sachs Group Inc2024-12-31
655.7 K
Norges Bank2024-12-31
639.4 K
Artisan Partners Limited Partnership2024-12-31
635.8 K
Charles Schwab Investment Management Inc2024-12-31
625.4 K
Blackrock Inc2024-12-31
7.2 M
Vanguard Group Inc2024-12-31
M
Note, although SPX Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

SPX Corp Cash Flow Accounts

202020212022202320242025 (projected)
Change To Inventory(2.2M)(21M)(53.4M)(3.1M)9.1M9.6M
Change In Cash13.6M327.7M(238.9M)(52.2M)(106.5M)(101.2M)
Free Cash Flow104.8M165M(152.7M)184.6M275.1M288.9M
Depreciation41.7M42.3M46.4M63.2M91.6M77.7M
Other Non Cash Items9.6M(334M)(45.5M)(22M)6M5.7M
Capital Expenditures21.5M9.6M15.9M23.9M38M48.4M
Net Income97.2M425.4M200K144.7M200.5M111.8M
End Period Cash Flow68.3M396M157.1M104.9M(1.6M)(1.5M)
Change To Netincome43M36.8M(322.6M)(15.2M)(13.7M)(13.0M)
Net Borrowings(1.6M)15.6M(164.5M)(1.9M)(2.2M)(2.3M)
Change Receivables75.5M2.8M(19.8M)(300K)(345K)(362.3K)
Investments(126.1M)314.1M(66.1M)(568M)(284.5M)(270.3M)

SPX Corp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to SPX Corp or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that SPX Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a SPX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.15
β
Beta against Dow Jones1.48
σ
Overall volatility
2.72
Ir
Information ratio -0.06

SPX Corp Volatility Alert

SPX Corp exhibits very low volatility with skewness of 0.61 and kurtosis of 3.62. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SPX Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact SPX Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

SPX Corp Fundamentals Vs Peers

Comparing SPX Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze SPX Corp's direct or indirect competition across all of the common fundamentals between SPX Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as SPX Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of SPX Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing SPX Corp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare SPX Corp to competition
FundamentalsSPX CorpPeer Average
Return On Equity0.16-0.31
Return On Asset0.0763-0.14
Profit Margin0.10 %(1.27) %
Operating Margin0.17 %(5.51) %
Current Valuation7.47 B16.62 B
Shares Outstanding46.38 M571.82 M
Shares Owned By Insiders4.18 %10.09 %
Shares Owned By Institutions96.73 %39.21 %
Number Of Shares Shorted634.56 K4.71 M
Price To Earning31.50 X28.72 X
Price To Book5.07 X9.51 X
Price To Sales3.37 X11.42 X
Revenue1.98 B9.43 B
Gross Profit801.2 M27.38 B
EBITDA308.3 M3.9 B
Net Income200.5 M570.98 M
Cash And Equivalents189.8 M2.7 B
Cash Per Share4.20 X5.01 X
Total Debt587.1 M5.32 B
Debt To Equity0.22 %48.70 %
Current Ratio2.12 X2.16 X
Book Value Per Share29.86 X1.93 K
Cash Flow From Operations313.1 M971.22 M
Short Ratio2.32 X4.00 X
Earnings Per Share4.29 X3.12 X
Price To Earnings To Growth1.38 X4.89 X
Target Price171.5
Beta1.29-0.15
Market Capitalization6.68 B19.03 B
Total Asset2.71 B29.47 B
Retained Earnings238.8 M9.33 B
Working Capital366 M1.48 B
Current Asset782.3 M9.34 B
Note: Disposition of 2625 shares by NaTausha White of SPX Corp at 109.57 subject to Rule 16b-3 [view details]

SPX Corp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SPX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About SPX Corp Buy or Sell Advice

When is the right time to buy or sell SPX Corp? Buying financial instruments such as SPX Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having SPX Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Compulsion Thematic Idea Now

Compulsion
Compulsion Theme
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.
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When determining whether SPX Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPX Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spx Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spx Corp Stock:
Check out SPX Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SPX Corp. If investors know SPX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SPX Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.804
Earnings Share
4.29
Revenue Per Share
42.954
Quarterly Revenue Growth
0.137
Return On Assets
0.0763
The market value of SPX Corp is measured differently than its book value, which is the value of SPX that is recorded on the company's balance sheet. Investors also form their own opinion of SPX Corp's value that differs from its market value or its book value, called intrinsic value, which is SPX Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPX Corp's market value can be influenced by many factors that don't directly affect SPX Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPX Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.