Latest news with #SPXTechnologies
Yahoo
19-05-2025
- Business
- Yahoo
SPX Technologies' (NYSE:SPXC) investors will be pleased with their fantastic 311% return over the last five years
Buying shares in the best businesses can build meaningful wealth for you and your family. And we've seen some truly amazing gains over the years. Don't believe it? Then look at the SPX Technologies, Inc. (NYSE:SPXC) share price. It's 311% higher than it was five years ago. If that doesn't get you thinking about long term investing, we don't know what will. In more good news, the share price has risen 22% in thirty days. But the price may well have benefitted from a buoyant market, since stocks have gained 13% in the last thirty days. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, SPX Technologies achieved compound earnings per share (EPS) growth of 18% per year. This EPS growth is lower than the 33% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We know that SPX Technologies has improved its bottom line over the last three years, but what does the future have in store? If you are thinking of buying or selling SPX Technologies stock, you should check out this FREE detailed report on its balance sheet. SPX Technologies provided a TSR of 8.5% over the last twelve months. Unfortunately this falls short of the market return. If we look back over five years, the returns are even better, coming in at 33% per year for five years. Maybe the share price is just taking a breather while the business executes on its growth strategy. It's always interesting to track share price performance over the longer term. But to understand SPX Technologies better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for SPX Technologies you should be aware of. If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
08-05-2025
- Business
- Yahoo
Q1 Earnings Roundup: SPX Technologies (NYSE:SPXC) And The Rest Of The Gas and Liquid Handling Segment
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how gas and liquid handling stocks fared in Q1, starting with SPX Technologies (NYSE:SPXC). Gas and liquid handling companies possess the technical know-how and specialized equipment to handle valuable (and sometimes dangerous) substances. Lately, water conservation and carbon capture–which requires hydrogen and other gasses as well as specialized infrastructure–have been trending up, creating new demand for products such as filters, pumps, and valves. On the other hand, gas and liquid handling companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 11 gas and liquid handling stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 0.9% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 6.1% on average since the latest earnings results. SPX Technologies (NYSE:SPXC) is an industrial conglomerate catering to the energy, manufacturing, automotive, and aerospace sectors. SPX Technologies reported revenues of $482.6 million, up 3.7% year on year. This print was in line with analysts' expectations, and overall, it was an exceptional quarter for the company with an impressive beat of analysts' EBITDA estimates. SPX Technologies pulled off the highest full-year guidance raise of the whole group. Unsurprisingly, the stock is up 10.3% since reporting and currently trades at $150.53. We think SPX Technologies is a good business, but is it a buy today? Read our full report here, it's free. Manufacturing the largest pump ever built for nuclear power generation, Flowserve (NYSE:FLS) manufactures and sells flow control equipment for various industries. Flowserve reported revenues of $1.14 billion, up 5.2% year on year, outperforming analysts' expectations by 3.6%. The business had an exceptional quarter with a solid beat of analysts' EBITDA estimates. The market seems content with the results as the stock is up 4% since reporting. It currently trades at $46.69. Is now the time to buy Flowserve? Access our full analysis of the earnings results here, it's free. Playing a crucial role in the development of the first transatlantic television transmission in 1956, ITT (NYSE:ITT) provides motion and fluid handling equipment for various industries ITT reported revenues of $913 million, flat year on year, exceeding analysts' expectations by 0.6%. Still, it was a mixed quarter as it posted full-year EPS guidance meeting analysts' expectations. Interestingly, the stock is up 3.2% since the results and currently trades at $141.43. Read our full analysis of ITT's results here. Installing the first bulk Co2 tank for McDonalds's sodas, Chart (NYSE:GTLS) provides equipment to store and transport gasses. Chart reported revenues of $1.00 billion, up 5.3% year on year. This result was in line with analysts' expectations. Overall, it was a very strong quarter as it also produced an impressive beat of analysts' adjusted operating income estimates. Chart had the weakest full-year guidance update among its peers. The stock is up 11.8% since reporting and currently trades at $150.74. Read our full, actionable report on Chart here, it's free. Started with the invention of the steam drill, Ingersoll Rand (NYSE:IR) provides mission-critical air, gas, liquid, and solid flow creation solutions. Ingersoll Rand reported revenues of $1.72 billion, up 2.8% year on year. This number met analysts' expectations. More broadly, it was a slower quarter as it logged full-year EBITDA guidance missing analysts' expectations. The stock is up 2.1% since reporting and currently trades at $77.80. Read our full, actionable report on Ingersoll Rand here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-05-2025
- Business
- Yahoo
SPX Technologies First Quarter 2025 Earnings: EPS Beats Expectations
Revenue: US$482.6m (up 3.7% from 1Q 2024). Net income: US$51.7m (up 5.1% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). EPS: US$1.11 (up from US$1.07 in 1Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.5%. Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Machinery industry in the US. Performance of the American Machinery industry. The company's shares are up 8.2% from a week ago. You still need to take note of risks, for example - SPX Technologies has 1 warning sign we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
30-04-2025
- Business
- Yahoo
What To Expect From SPX Technologies's (SPXC) Q1 Earnings
Industrial conglomerate SPX Technologies (NYSE:SPXC) will be reporting results tomorrow afternoon. Here's what to expect. SPX Technologies met analysts' revenue expectations last quarter, reporting revenues of $533.7 million, up 13.7% year on year. It was a very strong quarter for the company, with a solid beat of analysts' EBITDA and organic revenue estimates. Is SPX Technologies a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting SPX Technologies's revenue to grow 3.2% year on year to $480.3 million, slowing from the 16.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.17 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. SPX Technologies has missed Wall Street's revenue estimates four times over the last two years. Looking at SPX Technologies's peers in the gas and liquid handling segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Gorman-Rupp delivered year-on-year revenue growth of 2.9%, missing analysts' expectations by 0.5%, and Graco reported revenues up 7.3%, in line with consensus estimates. Gorman-Rupp traded up 6.1% following the results while Graco was also up 2.1%. Read our full analysis of Gorman-Rupp's results here and Graco's results here. Debates around the economy's health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the gas and liquid handling stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.8% on average over the last month. SPX Technologies's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $166.33 (compared to the current share price of $132.90). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. Sign in to access your portfolio
Yahoo
10-04-2025
- Business
- Yahoo
Q4 Earnings Roundup: Gorman-Rupp (NYSE:GRC) And The Rest Of The Gas and Liquid Handling Segment
As the Q4 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the gas and liquid handling industry, including Gorman-Rupp (NYSE:GRC) and its peers. Gas and liquid handling companies possess the technical know-how and specialized equipment to handle valuable (and sometimes dangerous) substances. Lately, water conservation and carbon capture–which requires hydrogen and other gasses as well as specialized infrastructure–have been trending up, creating new demand for products such as filters, pumps, and valves. On the other hand, gas and liquid handling companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 12 gas and liquid handling stocks we track reported a slower Q4. As a group, revenues missed analysts' consensus estimates by 1%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 19.2% since the latest earnings results. Powering fluid dynamics since 1934, Gorman-Rupp (NYSE:GRC) has evolved from its Ohio origins into a global manufacturer and seller of pumps and pump systems. Gorman-Rupp reported revenues of $162.7 million, up 1.3% year on year. This print was in line with analysts' expectations, but overall, it was a slower quarter for the company with a significant miss of analysts' EPS estimates and EBITDA in line with analysts' estimates. Scott A. King, President and CEO, commented, 'We are pleased that we achieved an improvement in gross margin and operating income in 2024, as well as a 28% increase in adjusted earnings per share for the year. We also reduced our debt by $43 million, which along with our refinancing in the second quarter of 2024, resulted in a significant reduction in interest expense and positions us well to further reduce our debt and interest expense going forward. In addition to our strong operating results, we were proud to increase our dividend for the 52nd consecutive year, and in January of 2025 we declared our 300th consecutive quarterly dividend, marking 75 years of continued dividends. As we begin 2025 our outlook remains positive. While sales were less than expected in 2024, we continued to see strong incoming orders during the year and ended the year with healthy backlog to begin the new year. As demonstrated by our increase in municipal sales in 2024, we remain well positioned to continue to benefit from infrastructure spending and the strong demand for flood control and storm water management. We remain focused on delivering long-term profitable growth. The stock is down 12.3% since reporting and currently trades at $33.17. Is now the time to buy Gorman-Rupp? Access our full analysis of the earnings results here, it's free. SPX Technologies (NYSE:SPXC) is an industrial conglomerate catering to the energy, manufacturing, automotive, and aerospace sectors. SPX Technologies reported revenues of $533.7 million, up 13.7% year on year, in line with analysts' expectations. The business had a very strong quarter with a solid beat of analysts' EBITDA and organic revenue estimates. SPX Technologies delivered the fastest revenue growth among its peers. The stock is down 8% since reporting. It currently trades at $125.46. Is now the time to buy SPX Technologies? Access our full analysis of the earnings results here, it's free. Founded in 1926, Graco (NYSE:GGG) is an industrial company specializing in the development and manufacturing of fluid-handling systems and products. Graco reported revenues of $548.7 million, down 3.2% year on year, falling short of analysts' expectations by 1.4%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. As expected, the stock is down 11.3% since the results and currently trades at $76.29. Read our full analysis of Graco's results here. Installing the first bulk Co2 tank for McDonalds's sodas, Chart (NYSE:GTLS) provides equipment to store and transport gasses. Chart reported revenues of $1.11 billion, up 9% year on year. This number lagged analysts' expectations by 4.5%. Zooming out, it was a satisfactory quarter as it also logged an impressive beat of analysts' backlog estimates. Chart achieved the highest full-year guidance raise but had the weakest performance against analyst estimates among its peers. The stock is down 29.2% since reporting and currently trades at $129.06. Read our full, actionable report on Chart here, it's free. Founded in 1988, IDEX (NYSE:IEX) is a global manufacturer specializing in highly engineered products such as pumps, flow meters, and fluidics systems for various industries. IDEX reported revenues of $862.9 million, up 9.4% year on year. This print came in 0.6% below analysts' expectations. Overall, it was a slower quarter as it also recorded EPS guidance for next quarter missing analysts' expectations significantly and a miss of analysts' EBITDA estimates. The stock is down 23.2% since reporting and currently trades at $167.70. Read our full, actionable report on IDEX here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Sign in to access your portfolio