SPX Technologies Inc (NYSE: SPXC) has reported E.P.S. of $0.98 for its second fiscal quarter (ending June 30) versus $0.84 for the same period a year ago. E.P.S. were $3.52 for the latest four quarters through June 30 versus $1.43 for the same period a year ago.
Recent Price Action
On 8/1/24, SPX Technologies Inc (NYSE: SPXC) stock declined by -2.9%, closing at $143.29. This decline was accompanied by normal trading volume. The stock has declined -3.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SPXC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
SPX Technologies has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. SPX Technologies has a poor Appreciation Score of 21 but a very high Power Rating of 99, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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