The mean of analysts' price targets for SPX Technologies (SPXC) points to a 27.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
SPX Technologies (SPXC) possesses solid growth attributes, which could help it handily outperform the market.
Here is how SPX Technologies (SPXC) and United Rentals (URI) have performed compared to their sector so far this year.
| Machinery Industry | Industrials Sector | Eugene Joseph Lowe CEO | XETRA Exchange | US78473E1038 ISIN |
| US Country | 4,700 Employees | 1 Jul 2015 Last Dividend | 28 Sep 2015 Last Split | 1 Jul 1985 IPO Date |
SPX Technologies, Inc. is a global provider of infrastructure equipment primarily serving the heating, ventilation, and cooling (HVAC); and detection and measurement industries. The company has broadened its horizons to encompass a wide range of services and products, catering to the needs of various markets across the world. It operates through two major segments, HVAC and Detection and Measurement, leveraging its extensive portfolio to engineer, design, manufacture, install, and service a variety of solutions. Founded in 1912 and originally known as SPX Corporation, it underwent a name change to SPX Technologies, Inc. in August 2022. The company's headquarters is situated in Charlotte, North Carolina, symbolizing a century-long tradition of innovation and service in the infrastructure equipment sector.
SPX Technologies, Inc. offers an array of products and services across its operation segments: