SPX Corp

Company Profile

SPX Corp had its IPO on 1985-07-01 under the ticker symbol SPXC.

The company operates in the Industrials sector and Specialty Industrial Machinery industry. SPX Corp has a staff strength of 3,300 employees.

Stock update

Shares of SPX Corp opened at $79.43 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $78.99 - $80.15, and closed at $79.78.

This is a -0.4% slip from the previous day's closing price.

A total volume of 149,154 shares were traded at the close of the day’s session.

In the last one week, shares of SPX Corp have slipped by -0.25%.

SPX Corp's Key Ratios

SPX Corp has a market cap of $3.65 billion, indicating a price to book ratio of 2.8166 and a price to sales ratio of 2.0713.

In the last 12-months SPX Corp’s revenue was $1.62 billion with a gross profit of $523.90 million and an EBITDA of $256.60 million. The EBITDA ratio measures SPX Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, SPX Corp’s operating margin was 12.89% while its return on assets stood at 5.24% with a return of equity of 5.76%.

In Q2, SPX Corp’s quarterly earnings growth was a positive 177% while revenue growth was a positive 19.6%.

SPX Corp’s PE and PEG Ratio

Forward PE

19.4932

Trailing PE

57.6259

PEG

1.0837

Its diluted EPS in the last 12-months stands at $1.39 per share while it has a forward price to earnings multiple of 19.4932 and a PEG multiple of 1.0837. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into SPX Corp’s profitability.

SPX Corp stock is trading at a EV to sales ratio of 2.2471 and a EV to EBITDA ratio of 28.3524. Its price to sales ratio in the trailing 12-months stood at 2.0713.

SPX Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.50 billion

Total Liabilities

$489.60 million

Operating Cash Flow

$-550900000.00

Capital Expenditure

$4.70 million

Dividend Payout Ratio

0%

SPX Corp ended 2024 with $2.50 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.50 billion while shareholder equity stood at $1.17 billion.

SPX Corp ended 2024 with $75.70 million in deferred long-term liabilities, $489.60 million in other current liabilities, 500000.00 in common stock, $27.20 million in retained earnings and $679.90 million in goodwill. Its cash balance stood at $87.10 million and cash and short-term investments were $87.10 million. The company’s total short-term debt was $142,500,000 while long-term debt stood at $533.10 million.

SPX Corp’s total current assets stands at $739.00 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $318.00 million compared to accounts payable of $131.00 million and inventory worth $299.60 million.

In 2024, SPX Corp's operating cash flow was $-550900000.00 while its capital expenditure stood at $4.70 million.

Comparatively, SPX Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$79.78

52-Week High

$91.935

52-Week Low

$53.19

Analyst Target Price

$94

SPX Corp stock is currently trading at $79.78 per share. It touched a 52-week high of $91.935 and a 52-week low of $91.935. Analysts tracking the stock have a 12-month average target price of $94.

Its 50-day moving average was $80.6 and 200-day moving average was $73.88 The short ratio stood at 1.94 indicating a short percent outstanding of 0%.

Around 189.8% of the company’s stock are held by insiders while 9483.4% are held by institutions.