Spx Corp Stock Analysis

SPXC Stock  USD 176.01  3.46  2.01%   
SPX Corp is overvalued with Real Value of 131.0 and Target Price of 94.75. The main objective of SPX Corp stock analysis is to determine its intrinsic value, which is an estimate of what SPX Corp is worth, separate from its market price. There are two main types of SPX Corp's stock analysis: fundamental analysis and technical analysis.
The SPX Corp stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and SPX Corp's ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 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.
For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.

SPX Stock Analysis Notes

About 96.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.59. SPX Corp last dividend was issued on the 12th of June 2015. The entity had 3971:1000 split on the 28th of September 2015. SPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling and detection and measurement markets in the United States, China, the United Kingdom, and internationally. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina. SPX Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 3100 people. To find out more about SPX Corp contact Eugene Lowe at 980 474 3700 or learn more at https://www.spx.com.

SPX Corp Quarterly Total Revenue

483.7 Million

SPX Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. SPX Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding SPX Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 96.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: SPX Technologies Inc Shares Up 3.19 percent on Nov 21

SPX Corp Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to SPX Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

SPX Largest EPS Surprises

Earnings surprises can significantly impact SPX Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-05-05
2016-03-310.070.090.0228 
2015-04-29
2015-03-310.080.05-0.0337 
1997-04-22
1997-03-310.240.270.0312 
View All Earnings Estimates

SPX Corp Environmental, Social, and Governance (ESG) Scores

SPX Corp's ESG score is a quantitative measure that evaluates SPX Corp's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of SPX Corp's operations that may have significant financial implications and affect SPX Corp's stock price as well as guide investors towards more socially responsible investments.

SPX Stock Institutional Investors

Shares
Amvescap Plc.2024-06-30
820.8 K
Artisan Partners Limited Partnership2024-06-30
816.4 K
Nuveen Asset Management, Llc2024-06-30
717.5 K
Fmr Inc2024-09-30
662.1 K
Conestoga Capital Advisors, Llc2024-09-30
627.3 K
Charles Schwab Investment Management Inc2024-09-30
623.4 K
Goldman Sachs Group Inc2024-06-30
563.1 K
T. Rowe Price Associates, Inc.2024-06-30
563.1 K
Norges Bank2024-06-30
555.8 K
Blackrock Inc2024-06-30
M
Vanguard Group Inc2024-09-30
4.9 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 Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.16 B.

SPX Profitablity

The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.17 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.17.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.09  0.09 
Return On Capital Employed 0.11  0.08 
Return On Assets 0.04  0.03 
Return On Equity 0.08  0.06 

Management Efficiency

SPX Corp has return on total asset (ROA) of 0.074 % which means that it generated a profit of $0.074 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1412 %, meaning that it created $0.1412 on every $100 dollars invested by stockholders. SPX Corp's management efficiency ratios could be used to measure how well SPX Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.09, whereas Return On Capital Employed is forecasted to decline to 0.08. At present, SPX Corp's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 825 M, whereas Non Currrent Assets Other are forecasted to decline to about 159.7 M.
Last ReportedProjected for Next Year
Book Value Per Share 26.23  15.41 
Tangible Book Value Per Share(4.19)(4.40)
Enterprise Value Over EBITDA 17.69  18.57 
Price Book Value Ratio 3.85  4.04 
Enterprise Value Multiple 17.69  18.57 
Price Fair Value 3.85  4.04 
Enterprise Value2.8 B2.9 B
The management strategies employed by SPX Corp's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Operating Margin
0.1691
Profit Margin
0.0911
Beta
1.223
Return On Assets
0.074
Return On Equity
0.1412

Technical Drivers

As of the 24th of November, SPX Corp has the Risk Adjusted Performance of 0.0792, semi deviation of 2.64, and Coefficient Of Variation of 1061.47. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of SPX Corp, as well as the relationship between them.

SPX Corp Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. SPX Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for SPX Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

SPX Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific SPX Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on SPX Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases SPX Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

SPX Corp Outstanding Bonds

SPX Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. SPX Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most SPX bonds can be classified according to their maturity, which is the date when SPX Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

SPX Corp Predictive Daily Indicators

SPX Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of SPX Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

SPX Corp Corporate Filings

13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
31st of October 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
30th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
3rd of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F3
2nd of October 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
8K
3rd of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
2nd of August 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
1st of August 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

SPX Corp Forecast Models

SPX Corp's time-series forecasting models are one of many SPX Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary SPX Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About SPX Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how SPX Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling SPX shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as SPX Corp. By using and applying SPX Stock analysis, traders can create a robust methodology for identifying SPX entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.11  0.11 
Operating Profit Margin 0.13  0.07 
Net Profit Margin 0.05  0.03 
Gross Profit Margin 0.38  0.34 

Current SPX Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. SPX analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. SPX analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
94.75Strong Buy5Odds
SPX Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most SPX analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SPX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SPX Corp, talking to its executives and customers, or listening to SPX conference calls.
SPX Analyst Advice Details

SPX Stock Analysis Indicators

SPX Corp stock analysis indicators help investors evaluate how SPX Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading SPX Corp shares will generate the highest return on investment. By understating and applying SPX Corp stock analysis, traders can identify SPX Corp position entry and exit signals to maximize returns.
Begin Period Cash Flow157.1 M
Long Term Debt523.1 M
Common Stock Shares Outstanding46.6 M
Total Stockholder Equity1.2 B
Tax Provision41.6 M
Quarterly Earnings Growth Y O Y0.218
Property Plant And Equipment Net140.5 M
Cash And Short Term Investments99.4 M
Cash99.4 M
Accounts Payable118.7 M
Net Debt458.9 M
50 Day M A161.8578
Total Current Liabilities401.2 M
Other Operating Expenses1.5 B
Non Current Assets Total1.7 B
Forward Price Earnings28.6533
Non Currrent Assets Other168.1 M
Stock Based Compensation13.4 M

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When running SPX Corp's price analysis, check to measure SPX Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPX Corp is operating at the current time. Most of SPX Corp's value examination focuses on studying past and present price action to predict the probability of SPX Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPX Corp's price. Additionally, you may evaluate how the addition of SPX Corp to your portfolios can decrease your overall portfolio volatility.
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