A share price of SPX Technologies Inc [SPXC] is currently trading at $162.57, down -0.33%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SPXC shares have gain 7.66% over the last week, with a monthly amount glided 4.94%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SPX Technologies Inc [NYSE: SPXC] stock has seen the most recent analyst activity on July 18, 2024, when Oppenheimer downgraded its rating to a Perform. Previously, UBS downgraded its rating to Neutral on July 05, 2023, and elevated its price target to $90. William Blair downgraded its rating to a Mkt Perform. William Blair upgraded its rating to a Outperform. UBS upgraded its rating to Buy for this stock on April 02, 2020. In a note dated March 11, 2020, Oppenheimer initiated an Outperform rating and provided a target price of $52 on this stock.
SPX Technologies Inc experienced fluctuations in its stock price throughout the past year between $77.84 and $164.91. Currently, Wall Street analysts expect the stock to reach $134 within the next 12 months. SPX Technologies Inc [NYSE: SPXC] shares were valued at $162.57 at the most recent close of the market. An investor can expect a potential drop of -17.57% based on the average SPXC price forecast.
Analyzing the SPXC fundamentals
Trailing Twelve Months sales for SPX Technologies Inc [NYSE:SPXC] were 1.88B which represents 18.43% growth. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.62.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 160.68 points at the first support level, and at 158.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 164.80, and for the 2nd resistance point, it is at 167.02.
Ratios To Look Out For
To put it in perspective, the Current Ratio for SPX Technologies Inc [NYSE:SPXC] is 1.28. As well, the Quick Ratio is 0.81, while the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 3.99, the price to book ratio is 5.86 and price to earnings (TTM) ratio is 47.12.
Transactions by insiders
Recent insider trading involved Nurkin John Webster, Former Officer Within 90 Days, that happened on Sep 19 ’24 when 7805.0 shares were purchased. Officer, Nurkin John Webster completed a deal on Sep 16 ’24 to buy 11735.0 shares. Meanwhile, Former Officer Nurkin John Webster bought 11232.0 shares on Sep 13 ’24.
