SPX Corp (SPXC) Earns Daily News Sentiment Rating of 0.11
Media headlines about SPX Corp (NASDAQ:SPXC) have been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. SPX Corp earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.1755149992537 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of SPX Corp from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. BidaskClub raised shares of SPX Corp from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 30th.
SPX Corp (SPXC) traded down 0.17% during mid-day trading on Tuesday, reaching $29.58. 181,550 shares of the company were exchanged. The stock’s 50-day moving average price is $25.53 and its 200-day moving average price is $25.30. SPX Corp has a 1-year low of $15.49 and a 1-year high of $30.37. The stock’s market capitalization is $1.26 billion.
SPX Corp (NASDAQ:SPXC) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.44 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.09. SPX Corp had a negative return on equity of 15.86% and a negative net margin of 2.37%. The business had revenue of $349.70 million during the quarter, compared to the consensus estimate of $354.84 million. During the same period in the previous year, the company posted $0.33 earnings per share. The business’s revenue for the quarter was down 5.8% on a year-over-year basis. On average, equities research analysts anticipate that SPX Corp will post $1.75 EPS for the current fiscal year.
SPX Corp Company Profile
SPX Corporation is a global supplier of infrastructure equipment. The Company operates through three segments: HVAC; Detection and Measurement, and Engineered Solutions. The HVAC solutions offered by its businesses include package cooling towers, residential and commercial boilers, heating and ventilation products.
Receive News & Stock Ratings for SPX Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPX Corp and related stocks with our FREE daily email newsletter.