Is SPXC a good stock to buy right now?

Based on our 6-factor quantitative model, SPX Technologies, Inc. (SPXC) receives a "Reduce" rating with a composite score of 48.1/100. It is ranked #2,250 out of 4,446 stocks. Key factor scores: Quality 50/100, Value 53/100, Momentum 58/100. The timing signal is "Bearish". This is quantitative analysis only — not investment advice.

What is the stock rating for SPXC?

SPX Technologies, Inc. (SPXC) has a "Reduce" rating and 2-star score. The composite score of 48.1 ranks it #2,250 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is SPXC in?

SPX Technologies, Inc. operates in the Industrials sector (Machinery industry) with a market cap of $10.13 billion. It is classified as a large-cap stock.

Does SPXC pay a dividend?

SPXC does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is SPXC's P/E ratio?

SPXC has a trailing P/E ratio of 45.34x. The Industrials sector average is 28.3x. This above-average P/E reflects growth expectations or premium valuation.

How profitable is SPXC?

SPXC's quality factor score is 50/100. Gross margin: 40.8%. ROE: 9.7% vs sector average 8.9%. Margins are moderate to low, reflecting competitive market dynamics.

How is SPXC valued compared to peers?

SPXC's value factor score is 53/100 (higher = cheaper). Key multiples: P/E 45.3x, EV/EBITDA 29.8x. Valuation is roughly in line with peers.

What is SPXC's debt level?

SPXC's debt-to-equity ratio is 61%. Sector average: 70%. Moderate leverage is normal for established companies.

SPXC has a beta of 1.24, meaning it amplifies market moves. Stability score: 60/100.

Does SPXC have high short interest?

SPXC's short interest factor score is 19/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

SPXC Stock Analysis: Reduce (Score 48.1/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
SPXC	+0.20%	+9.47%	+2.37%	+7.95%	+66.62%	-	-	-
Industry Proxy XLI	-0.39%	+4.73%	+0.88%	+10.57%	+38.89%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+0.27%	+5.87%	+2.04%	+8.31%	+37.09%	-	-	-
Alpha vs Sector	+0.59%	+4.74%	+1.49%	-2.62%	+27.72%	-	-	-

Metric	SPXC	Benchmark
P/E Ratio	45.3x	+60%
EV/EBITDA	29.8x	+423%
Price / Book	4.4x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
STNG Scorpio Tankers Inc.	64	43	96	73	-	93.3%	63.1%	53.8%	-	30.0x	$3.8B	VS
TNK TEEKAY TANKERS LTD.	62	50	97	71	6.3x	91.9%	67.0%	32.8%	-	0.0x	$2.5B	VS
TEN TSAKOS ENERGY NAVIGATION LTD	61	50	86	75	7.8x	42.1%	97.8%	22.6%	-	103.0x	$1.2B	VS
HAFN Hafnia Ltd	60	42	79	77	-	439.1%	48.5%	27.0%	-	0.0x	$3.8B	VS
TPH Tri Pointe Homes, Inc.	57	50	67	66	13.6x	8.8%	47.5%	7.9%	-26.0%	50.0x	$4.0B	VS
GLDD Great Lakes Dredge & Dock CORP	57	50	69	70	16.3x	13.5%	22.2%	8.1%	14.8%	73.0x	$1.1B	VS
SOBO South Bow Corp	57	39	79	66	21.9x	48.4%	82.3%	14.9%	-	219.0x	$6.8B	VS
IMPP Imperial Petroleum Inc./Marshall Islands	54	44	98	58	2.8x	47.7%	100.0%	34.0%	-19.7%	0.0x	$156M	VS
CCO Clear Channel Outdoor Holdings, Inc.	52	48	58	69	59.3x	-	53.4%	-0.3%	7.7%	-	$1.2B	VS
IMXI International Money Express, Inc.	52	50	73	52	11.6x	25.5%	0.0%	6.4%	-9.7%	221.0x	$476M	VS
SPXC SPX Technologies, Inc.	48	50	53	58	45.3x	9.7%	40.8%	10.3%	18.3%	61.0x	$10.1B

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%	0.3%	0.2%	0.3%
Operating Margin %	0.2%	0.2%	0.2%	0.1%	0.0%	0.1%	0.1%	0.1%	0.1%	0.0%	0.0%
EBITDA Margin %	0.2%	0.2%	0.2%	0.1%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%
Net Margin %	0.1%	0.1%	0.1%	0.1%	0.0%	0.3%	0.1%	0.1%	0.1%	0.1%	-0.0%
FCF Margin %	-12.4%	-	-	-	-	-	9.8%	11.6%	6.4%	2.5%	-0.9%
ROE %	0.1%	0.1%	0.1%	0.1%	0.0%	0.4%	0.3%	0.3%	0.2%	0.3%	-0.4%
ROA %	0.1%	0.1%	0.1%	0.0%	0.0%	0.2%	0.1%	0.1%	0.0%	0.0%	-0.0%
ROIC %	10.4%	12.4%	17.6%	14.7%	3.7%	5.3%	7.7%	10.7%	11.7%	8.6%	9.1%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.4%

0.3%

0.2%

0.3%

Operating Margin %

0.2%

0.1%

0.0%

0.1%

0.0%

EBITDA Margin %

0.2%

0.1%

0.0%

0.1%

Net Margin %

0.1%

0.0%

0.3%

0.1%

-0.0%

FCF Margin %

-12.4%

9.8%

11.6%

6.4%

2.5%

-0.9%

ROE %

0.1%

0.0%

0.4%

0.3%

0.2%

0.3%

-0.4%

ROA %

0.1%

0.0%

0.2%

0.1%

0.0%

-0.0%

ROIC %

10.4%

12.4%

17.6%

14.7%

3.7%

5.3%

7.7%

10.7%

11.7%

8.6%

9.1%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$2.1B	$2.3B	$2.0B	$1.7B	$1.5B	$1.2B	$1.1B	$1.1B	$1.5B	$1.4B	$1.5B	$1.7B
	—	$1.3B	$1.2B	$1.1B	$937M	$788M	—	—	—	—	—	—
	$862M	$918M	$799M	$670M	$524M	$432M	$396M	$402M	$411M	$330M	$376M	$292M
Gross Margin	40.8%	40.5%	40.3%	38.5%	35.9%	35.4%	35.1%	35.8%	27.1%	23.2%	25.5%	17.7%
	—	$478M	$415M	$394M	$356M	$310M	—	—	—	—	—	—
Research & Development	—	$54M	$46M	$43M	$39M	$31M	—	—	—	—	—	—
Depreciation	—	—	—	—	—	—	$32M	$35M	$29M	$25M	$27M	$37M
Total Operating Expenses	—	$567M	$491M	$448M	$473M	$358M	—	—	—	—	—	—
	$329M	$350M	$308M	$222M	$51M	$74M	$97M	$114M	$108M	$60M	$52M	-$170M
EBIT	$301M	$350M	$308M	$222M	$51M	$74M	$97M	$114M	$108M	$60M	$52M	-$170M
EBITDA	$329M	$350M	$308M	$222M	$51M	$74M	$129M	$133M	$133M	$78M	$81M	-$95M
Operating Margin	15.5%	15.5%	15.5%	12.7%	3.5%	6.0%	8.6%	10.2%	7.4%	4.2%	3.5%	-7.8%
EBITDA Margin	15.6%	15.5%	15.5%	12.7%	3.5%	6.0%	11.4%	11.9%	8.6%	5.5%	5.5%	-5.5%
	—	—	—	$27M	$9M	$13M	$18M	$22M	$22M	$18M	$16M	$23M
	—	$314M	$255M	$186M	$27M	$70M	—	—	—	—	—	—
Income Tax Expense	—	$69M	$54M	$42M	$7M	$11M	$5M	$13M	$1M	-$48M	$9M	-$12M
	$216M	$244M	$201M	$90M	$200K	$425M	$198M	$131M	$81M	$89M	-$68M	-$117M
Net Margin	10.3%	10.8%	10.1%	5.2%	0.0%	34.9%	8.8%	11.6%	5.4%	6.3%	-4.6%	-7.5%
	$5.10	$5.10	$4.34	$1.97	$0.00	$9.39	$2.22	$1.61	$1.89	$2.11	$-2.05	$-2.03
Diluted EPS	$5.10	$5.03	$4.26	$1.93	$0.00	$9.15	$2.22	$1.61	$1.89	$2.11	$-2.05	$-2.03
Weighted Avg Basic	—	48M	46M	46M	45M	45M	—	—	—	—	—	—
Weighted Avg Diluted	—	49M	47M	47M	46M	46M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$2.1B

$2.3B

$2.0B

$1.7B

$1.5B

$1.2B

$1.1B

$1.5B

$1.4B

$1.5B

$1.7B

—

$1.3B

$1.2B

$1.1B

$937M

$788M

—

$862M

$918M

$799M

$670M

$524M

$432M

$396M

$402M

$411M

$330M

$376M

$292M

Gross Margin

40.8%

40.5%

40.3%

38.5%

35.9%

35.4%

35.1%

35.8%

27.1%

23.2%

25.5%

17.7%

—

$478M

$415M

$394M

$356M

$310M

—

Research & Development

—

$54M

$46M

$43M

$39M

$31M

—

Depreciation

—

$32M

$35M

$29M

$25M

$27M

$37M

Total Operating Expenses

—

$567M

$491M

$448M

$473M

$358M

—

$329M

$350M

$308M

$222M

$51M

$74M

$97M

$114M

$108M

$60M

$52M

-$170M

EBIT

$301M

$350M

$308M

$222M

$51M

$74M

$97M

$114M

$108M

$60M

$52M

-$170M

EBITDA

$329M

$350M

$308M

$222M

$51M

$74M

$129M

$133M

$78M

$81M

-$95M

Operating Margin

15.5%

12.7%

3.5%

6.0%

8.6%

10.2%

7.4%

4.2%

3.5%

-7.8%

EBITDA Margin

15.6%

15.5%

12.7%

3.5%

6.0%

11.4%

11.9%

8.6%

5.5%

-5.5%

—

$27M

$9M

$13M

$18M

$22M

$18M

$16M

$23M

—

$314M

$255M

$186M

$27M

$70M

—

Income Tax Expense

—

$69M

$54M

$42M

$7M

$11M

$5M

$13M

$1M

-$48M

$9M

-$12M

$216M

$244M

$201M

$90M

$200K

$425M

$198M

$131M

$81M

$89M

-$68M

-$117M

Net Margin

10.3%

10.8%

10.1%

5.2%

0.0%

34.9%

8.8%

11.6%

5.4%

6.3%

-4.6%

-7.5%

$5.10

$4.34

$1.97

$0.00

$9.39

$2.22

$1.61

$1.89

$2.11

$-2.05

$-2.03

Diluted EPS

$5.10

$5.03

$4.26

$1.93

$0.00

$9.15

$2.22

$1.61

$1.89

$2.11

$-2.05

$-2.03

Weighted Avg Basic

—

48M

46M

45M

—

Weighted Avg Diluted

—

49M

47M

46M

—

SPX Technologies, Inc. (SPXC) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does SPX Technologies, Inc. Do?

SPX Corporation supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets in the United States, China, the United Kingdom, and internationally. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services cooling products and engineered air quality solutions for the HVAC, and industrial markets; and heating and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, and Williamson-Thermoflo brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, and robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Warren G-V, Cues, ULC Robotics, and Sensors & Software brands; and bus fare collection systems, communication technologies, and obstruction lighting products under the Genfare, TCI, Flash Technology, Sabik Marine, Sealite, Avlite, and ECS brand names. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. SPX Corporation was founded in 1912 and is headquartered in Charlotte, North Carolina. SPX Technologies, Inc. (SPXC) is classified as a large-cap stock in the Industrials sector, specifically within the Machinery industry. The company is led by CEO Eugene J. Lowe and employs approximately 3,300 people, headquartered in Charlotte, North Carolina. With a market capitalization of $10.1B, SPXC is one of the prominent companies in the Industrials sector.

SPX Technologies, Inc. (SPXC) Stock Rating — Reduce (April 2026)

As of April 2026, SPX Technologies, Inc. receives a Reduce rating with a composite score of 48.1/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.SPXC ranks #2,250 out of 4,446 stocks in our coverage universe. Within the Industrials sector, SPX Technologies, Inc. ranks #364 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

SPXC Stock Price and 52-Week Range

SPX Technologies, Inc. (SPXC) currently trades at $215.97. The stock gained $0.43 (0.2%) in the most recent trading session. The 52-week high for SPXC is $246.68, which means the stock is currently trading -12.4% from its annual peak. The 52-week low is $115.00, putting the stock 87.8% above its annual trough. Recent trading volume was 252K shares, suggesting relatively thin trading activity.

Is SPXC Overvalued or Undervalued? — Valuation Analysis

SPX Technologies, Inc. (SPXC) carries a value factor score of 53/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 45.34x, compared to the Industrials sector average of 28.33x — a premium of 60%. The price-to-book ratio stands at 4.38x, versus the sector average of 2.23x. The price-to-sales ratio is 4.64x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, SPXC trades at 29.79x EV/EBITDA, versus 5.70x for the sector. The EV/EBIT multiple is 32.57x.

Overall, SPXC's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

SPX Technologies, Inc. Profitability — ROE, Margins, and Quality Score

SPX Technologies, Inc. (SPXC) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 9.7%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 6.0% versus the sector average of 3.3%.

On a margin basis, SPX Technologies, Inc. reports gross margins of 40.8%, compared to 35.8% for the sector. The operating margin is 15.5% (sector: 6.2%). Net profit margin stands at 10.3%, versus 3.9% for the average Industrials stock. Revenue growth is running at 18.3% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

SPXC Debt, Balance Sheet, and Financial Health

SPX Technologies, Inc. has a debt-to-equity ratio of 61.0%, compared to the Industrials sector average of 70.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 2.48x, indicating strong short-term liquidity. Total debt on the balance sheet is $502M. Cash and equivalents stand at $229M.

SPXC has a beta of 1.24, meaning it is more volatile than the broader market — a $10,000 investment in SPXC would be expected to move 24.2% more than the S&P 500 on any given day. The stability factor score for SPX Technologies, Inc. is 60/100, reflecting average volatility within the normal range for its sector.

SPX Technologies, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, SPX Technologies, Inc. reported revenue of $2.11B and earnings per share (EPS) of $5.10. Net income for the quarter was $216M. Gross margin was 40.8%. Operating income came in at $329M.

In FY 2025, SPX Technologies, Inc. reported revenue of $2.27B and earnings per share (EPS) of $5.10. Net income for the quarter was $244M. Gross margin was 40.5%. Revenue grew 14.2% year-over-year compared to FY 2024. Operating income came in at $350M.

In Q3 2025, SPX Technologies, Inc. reported revenue of $593M and earnings per share (EPS) of $1.30. Net income for the quarter was $63M. Gross margin was 40.4%. Revenue grew 22.6% year-over-year compared to Q3 2024. Operating income came in at $97M.

In Q2 2025, SPX Technologies, Inc. reported revenue of $552M and earnings per share (EPS) of $1.12. Net income for the quarter was $52M. Gross margin was 41.4%. Revenue grew 10.2% year-over-year compared to Q2 2024. Operating income came in at $87M.

Over the past 8 quarters, SPX Technologies, Inc. has demonstrated a growth trajectory, with revenue expanding from $501M to $2.11B. Investors analyzing SPXC stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

SPXC Dividend Yield and Income Analysis

SPX Technologies, Inc. (SPXC) does not currently pay a dividend. This is common among growth-oriented companies in the Machinery industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.

SPXC Momentum and Technical Analysis Profile

SPX Technologies, Inc. (SPXC) has a momentum factor score of 58/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 26/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 19/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

SPXC vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, SPX Technologies, Inc. (SPXC) ranks #364 out of 752 stocks based on the Blank Capital composite score. This places SPXC in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing SPXC against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full SPXC vs S&P 500 (SPY) comparison to assess how SPX Technologies, Inc. stacks up against the broader market across all factor dimensions.

SPXC Next Earnings Date

No upcoming earnings date has been announced for SPX Technologies, Inc. (SPXC) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy SPXC? — Investment Thesis Summary

The quantitative profile for SPX Technologies, Inc. suggests caution. Low volatility (stability score 60/100) reduces downside risk.

In summary, SPX Technologies, Inc. (SPXC) earns a Reduce rating with a composite score of 48.1/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on SPXC stock.

Related Resources for SPXC Investors

Explore more research and tools: SPXC vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare SPXC head-to-head with peers: SPXC vs SOBO, SPXC vs TEN, SPXC vs GLDD.

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SPX Technologies, Inc. (SPXC) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does SPX Technologies, Inc. Do?

SPX Technologies, Inc. (SPXC) Stock Rating — Reduce (April 2026)

SPXC Stock Price and 52-Week Range

Is SPXC Overvalued or Undervalued? — Valuation Analysis

SPX Technologies, Inc. Profitability — ROE, Margins, and Quality Score

SPXC Debt, Balance Sheet, and Financial Health

SPX Technologies, Inc. Revenue and Earnings History — Quarterly Trend

SPXC Dividend Yield and Income Analysis

SPXC Momentum and Technical Analysis Profile

SPXC vs Competitors — Industrials Sector Ranking and Peer Comparison

SPXC Next Earnings Date

Should You Buy SPXC? — Investment Thesis Summary

Related Resources for SPXC Investors

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