Prepare Yourself for Liftoff: SPX Technologies Inc (SPXC)

With 0.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.29 million shares. The 52-week range on SPXC shows that it touched its highest point at $183.83 and its lowest point at $107.23 during that stretch. It currently has a 1-year price target of $168.80. Beta for the stock currently stands at 1.28.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SPXC was up-trending over the past week, with a rise of 1.39%, but this was up by 5.18% over a month. Three-month performance dropped to -12.37% while six-month performance fell -4.23%. The stock gained 39.21% in the past year, while it has gained 3.91% so far this year. A look at the trailing 12-month EPS for SPXC yields 4.29 with Next year EPS estimates of 6.87. For the next quarter, that number is 1.18. This implies an EPS growth rate of 10.39% for this year and 11.45% for next year.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SPXC since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.60384 being high and $5.55381 being low. For SPXC, this leads to a yearly average estimate of $5.57382. Based on analyst estimates, the high estimate for the next quarter is $1.6 and the low estimate is $1.47. The average estimate for the next quarter is thus $1.54.