What is William Blair’s Forecast for SPXC Q1 Earnings?

SPX Technologies, Inc. (NYSE:SPXC) – Stock analysts at William Blair issued their Q1 2025 earnings estimates for SPX Technologies in a research note issued on Sunday, December 8th. William Blair analyst R. Sparenblek expects that the company will post earnings per share of $1.41 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.

A number of other analysts have also commented on SPXC. 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. Wolfe Research began coverage on shares of SPX Technologies in a research report on Monday, November 25th. They issued an “outperform” rating and a $199.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $164.00.

SPX Technologies Trading Up 0.2 %

SPXC opened at $159.15 on Tuesday. The stock has a market capitalization of $7.38 billion, a P/E ratio of 42.75, a P/E/G ratio of 1.59 and a beta of 1.26. The company has a current ratio of 1.85, a quick ratio of 1.19 and a debt-to-equity ratio of 0.49. SPX Technologies has a 12 month low of $88.87 and a 12 month high of $183.83. The firm’s fifty day simple moving average is $164.92 and its 200 day simple moving average is $153.72.

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

Institutional Trading of SPX Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPXC. Assetmark Inc. raised its stake in SPX Technologies by 4.7% in the third quarter. Assetmark Inc. now owns 1,745 shares of the company’s stock valued at $278,000 after buying an additional 78 shares during the period. Evergreen Capital Management LLC increased its holdings in shares of SPX Technologies by 4.3% during the 2nd quarter. Evergreen Capital Management LLC now owns 3,538 shares of the company’s stock worth $503,000 after acquiring an additional 146 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in SPX Technologies by 1.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 10,233 shares of the company’s stock valued at $1,632,000 after acquiring an additional 158 shares during the period. M&T Bank Corp lifted its holdings in SPX Technologies by 0.4% during the 3rd quarter. M&T Bank Corp now owns 37,541 shares of the company’s stock valued at $5,986,000 after purchasing an additional 160 shares during the last quarter. Finally, KBC Group NV boosted its position in SPX Technologies by 14.3% during the third quarter. KBC Group NV now owns 1,295 shares of the company’s stock worth $207,000 after purchasing an additional 162 shares during the period. 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.