$0.62 EPS Expected for SPX Corporation (SPXC)

February 14, 2018 - By Stephen Andrade

 $0.62 EPS Expected for SPX Corporation (SPXC)

Analysts expect SPX Corporation (NYSE:SPXC) to report $0.62 EPS on February, 22.They anticipate $0.07 EPS change or 10.14 % from last quarter’s $0.69 EPS. SPXC’s profit would be $26.42M giving it 12.10 P/E if the $0.62 EPS is correct. After having $0.36 EPS previously, SPX Corporation’s analysts see 72.22 % EPS growth. The stock increased 0.37% or $0.11 during the last trading session, reaching $30.01. About 231,023 shares traded or 26.69% up from the average. SPX Corporation (NYSE:SPXC) has risen 75.20% since February 14, 2017 and is uptrending. It has outperformed by 58.50% the S&P500.

SPX Corporation (NYSE:SPXC) Ratings Coverage

Among 4 analysts covering SPX FLOW (NYSE:SPXC), 3 have Buy rating, 1 Sell and 0 Hold. Therefore 75% are positive. SPX FLOW had 10 analyst reports since September 29, 2015 according to SRatingsIntel. Credit Suisse initiated SPX Corporation (NYSE:SPXC) rating on Tuesday, September 29. Credit Suisse has “Neutral” rating and $15.0 target. The stock of SPX Corporation (NYSE:SPXC) has “Underperform” rating given on Thursday, October 1 by RBC Capital Markets. The firm has “Outperform” rating given on Thursday, October 1 by Robert W. Baird. The firm has “Buy” rating by UBS given on Thursday, June 2. The rating was initiated by Susquehanna on Tuesday, September 29 with “Neutral”. The company was maintained on Friday, November 3 by UBS. The rating was upgraded by Credit Suisse on Monday, March 28 to “Outperform”.

SPX Corporation supplies infrastructure equipment serving the heating and ventilation , detection and measurement, power transmission and generation, and industrial markets in the United States, China, South Africa, the United Kingdom, and internationally. The company has market cap of $1.28 billion. It operates through three divisions: HVAC, Detection and Measurement, and Engineered Solutions. It currently has negative earnings. The HVAC segment engineers, designs, makes, installs, and services cooling products for the HVAC and industrial markets, as well as boilers, comfort heating, and ventilation products for the residential and commercial markets.

Another recent and important SPX Corporation (NYSE:SPXC) news was published by Streetinsider.com which published an article titled: “Form 4 SPX CORP For: Jan 12 Filed by: Mason Brian G.” on January 16, 2018.

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