Sidoti upgraded SPX Technologies from Neutral to Buy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/15/2025 | $195.00 | Buy | B. Riley Securities |
| 2/26/2025 | Neutral → Buy | Sidoti | |
| 2/26/2025 | $165.00 | Perform → Outperform | Oppenheimer |
| 12/6/2024 | $187.00 → $175.00 | Buy → Neutral | Sidoti |
| 11/25/2024 | $199.00 | Outperform | Wolfe Research |
| 7/18/2024 | Outperform → Perform | Oppenheimer | |
| 7/5/2023 | $80.00 → $90.00 | Buy → Neutral | UBS |
| 4/17/2023 | $80.00 | Outperform | William Blair |
CHARLOTTE, N.C., May 01, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) ("SPX", the "Company", "we" or "our") today reported results for the first quarter ended March 29, 2025. First Quarter Highlights (amounts presented for continuing operations; all comparisons against the first quarter of 2024, unless otherwise noted) Revenue of $482.6 million, up 3.7%, including 0.4% organicallyGAAP income from continuing operations of $51.7 million, up 5.1%GAAP EPS of $1.10, up 4.8%Adjusted EPS* of $1.38, up 10.4%Adjusted EBITDA* of $102.6 million, up 11.5% Raising 2025 Guidance (all comparisons against the full year 2024, unless otherwise noted) Revenue range of $2.20 to $2.2
CHARLOTTE, N.C., April 15, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) ("SPX Technologies" or the "Company") announced today that it has completed the acquisition of Sigma Heating and Cooling and Omega Heat Pump ("Sigma & Omega"). The purchase price of approximately $144 million (CAD 200 million) reflects an acquisition multiple consistent with SPX's typical range of 8x-12x Adjusted EBITDA*. Founded in 1997, Sigma & Omega is a Toronto-based manufacturer of highly engineered hydronic heating and cooling equipment, including vertical stack heat pumps and fan coils, institutional heating products, and both air-cooled and water-cooled commercial self-contained units. With appr
CHARLOTTE, N.C., April 09, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) announced today that it will release its financial results for the first quarter of fiscal year 2025 after the U.S. financial markets close on Thursday, May 1, 2025. In conjunction with this announcement, SPX Technologies' President and Chief Executive Officer Gene Lowe and SPX Technologies' Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss the Company's financial results and business outlook during a conference call on Thursday, May 1, 2025, at 4:45 p.m. (Eastern Time). Webcast and slides: The call will be simultaneously webcast and the slides will be available in the Inve
GRAND JUNCTION, Colo., April 08, 2025 (GLOBE NEWSWIRE) -- ProStar® Holdings Inc., ("ProStar®" or "the Company") (TSXV:MAPS) (OTCQX:MAPPF) (FSE: 5D00) the developers of PointMan®, Precision Mapping Solutions® is pleased to announce a Global Commercial Strategy with Radiodetection, a world leader in utility locating equipment and a subsidiary of SPX Technologies (NYSE:SPXC),. This strategic collaboration combines Radiodetection's RD82 series locating devices with PointMan to create a powerful and integrated solution for the global critical buried infrastructure industry. To read the original news release from Radiodetection, click here. A Powerful Approach to Subsurface Infrastructure Mappi
CHARLOTTE, N.C., Sept. 26, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) ("SPX", or the "Company"), is pleased to announce the appointment of Jennifer Carpenter as its new Chief Human Resources Officer (CHRO), effective September 30, 2024. She succeeds Tausha White, who earlier this year announced her decision to retire. Ms. Carpenter joins SPX with an extensive background of human resources and leadership experience. Gene Lowe, President and CEO, commented, "We are very pleased to welcome Jennifer to the SPX Technologies team. Her expertise at developing strong business partnerships, building talent and organizational capabilities and empowering employees is an excellent fi
CHARLOTTE, N.C., June 10, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) ("SPX", or the "Company), is pleased to announce the appointment of Cherée Johnson as its new Chief Legal Officer and Secretary, effective June 10, 2024. She succeeds John W. Nurkin, who earlier this year announced his decision to retire. Ms. Johnson joins SPX with a diverse background of global operations and legal experience across multiple industries. Gene Lowe, President and CEO, commented, "We are very pleased to welcome Cherée to the SPX Technologies team. Her extensive legal and executive leadership expertise is an excellent fit with SPX's growth and operational initiatives, including M&A, sust
8-K - SPX Technologies, Inc. (0000088205) (Filer)
8-K - SPX Technologies, Inc. (0000088205) (Filer)
DEFA14A - SPX Technologies, Inc. (0000088205) (Filer)
B. Riley Securities initiated coverage of SPX Technologies with a rating of Buy and set a new price target of $195.00
Sidoti upgraded SPX Technologies from Neutral to Buy
Oppenheimer upgraded SPX Technologies from Perform to Outperform and set a new price target of $165.00
4 - SPX Technologies, Inc. (0000088205) (Issuer)
4 - SPX Technologies, Inc. (0000088205) (Issuer)
4 - SPX Technologies, Inc. (0000088205) (Issuer)
SC 13G/A - SPX Technologies, Inc. (0000088205) (Subject)
SC 13G - SPX Technologies, Inc. (0000088205) (Subject)
SC 13G - SPX Technologies, Inc. (0000088205) (Subject)
CHARLOTTE, N.C., May 01, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) ("SPX", the "Company", "we" or "our") today reported results for the first quarter ended March 29, 2025. First Quarter Highlights (amounts presented for continuing operations; all comparisons against the first quarter of 2024, unless otherwise noted) Revenue of $482.6 million, up 3.7%, including 0.4% organicallyGAAP income from continuing operations of $51.7 million, up 5.1%GAAP EPS of $1.10, up 4.8%Adjusted EPS* of $1.38, up 10.4%Adjusted EBITDA* of $102.6 million, up 11.5% Raising 2025 Guidance (all comparisons against the full year 2024, unless otherwise noted) Revenue range of $2.20 to $2.2
CHARLOTTE, N.C., April 15, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) ("SPX Technologies" or the "Company") announced today that it has completed the acquisition of Sigma Heating and Cooling and Omega Heat Pump ("Sigma & Omega"). The purchase price of approximately $144 million (CAD 200 million) reflects an acquisition multiple consistent with SPX's typical range of 8x-12x Adjusted EBITDA*. Founded in 1997, Sigma & Omega is a Toronto-based manufacturer of highly engineered hydronic heating and cooling equipment, including vertical stack heat pumps and fan coils, institutional heating products, and both air-cooled and water-cooled commercial self-contained units. With appr
CHARLOTTE, N.C., April 09, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) announced today that it will release its financial results for the first quarter of fiscal year 2025 after the U.S. financial markets close on Thursday, May 1, 2025. In conjunction with this announcement, SPX Technologies' President and Chief Executive Officer Gene Lowe and SPX Technologies' Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss the Company's financial results and business outlook during a conference call on Thursday, May 1, 2025, at 4:45 p.m. (Eastern Time). Webcast and slides: The call will be simultaneously webcast and the slides will be available in the Inve