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How to Buy Spx Technologies Stock

Spx Technologies Inc

Spx Technologies is a specialty industrial machinery company located in North Carolina, United States, which is part of the Industrials sector, and is traded under the ticker SPXC on the NYSE exchange.

Spx Technologies stock last closed at $121.81, down 0.6% from the previous day, and has increased 88.62% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.62 percentage points. Spx Technologies stock is currently +99.39% from its 52-week low of $61.09, and -2.4% from its 52-week high of $124.81.

As of Apr 30, 2024, there are 45.69M SPXC shares outstanding. The market capitalization of SPXC is $5.57B. In the last 24 hours, 329,951 SPXC shares were traded.

How to Buy Spx Technologies Stock

Not sure how to invest in Spx Technologies stock? Here's how.
  1. Choose where to buy Spx Technologies stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Spx Technologies stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Pick your payment method and add your info.
  4. Analyze Spx Technologies stock: The Spx Technologies ticker symbol is SPXC. Is Spx Technologies stock a good investment? Should you buy shares of SPXC? How do SPXC's underlying business fundamentals look? Do top analysts think Spx Technologies is a good buy? Why has SPXC's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if SPXC is a good stock to buy).
  5. Place your SPXC trade: Decide if you will purchase SPXC shares at the current market price or use a limit order to buy SPXC stock at a given price.
  6. Monitor your investment in SPXC: Create a watchlist to watch your new investment in Spx Technologies shares.

Step 1: Choose where to buy Spx Technologies stock

You will need a brokerage account in order to access the NYSE market and buy SPXC shares.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can buy SPXC stock today.

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Step 3: Deposit funds into your brokerage account

Now that you've opened your account on the best stock broker app, you can securely and quickly fund your account:

Watch the tutorial below for more details depositing money into your new brokerage account.

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Step 4: Analyze Spx Technologies stock

After you have figured out the best place to buy Spx Technologies stock, it's very important to analyze their stock before you buy, so you actually comprehend the risk as well as the upside.

Spx Technologies quick stats

SPXC Price
$121.81
1w %
1.2%
1y %
88.62%
5y %
233.73%
P/E
61.83x
P/B
4.66x
P/S
3.19x
PEG
101.87x
Revenue
$1.74B
Earnings
$89.90M
Fore. Rev. Growth
13.03%
Fore. Earn. Growth
N/A
Market Cap
$5.57B
Next Earnings
May 8, 2024
Next Dividend
N/A

Fundamentals of SPXC

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on SPXC's stock page.

Is SPXC stock overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge SPXC's true value.

Using relative valuations ratios:

  • SPXC could be overvalued based on its P/E ratio of 61.83x, relative to Specialty Industrial Machinery industry P/E ratio of 31.86x
  • SPXC could be undervalued based on its P/B ratio of 4.66x, relative to Specialty Industrial Machinery industry P/B ratio of 5.08x
  • SPXC could be overvalued based on its PEG ratio of 101.87x

You can do additional valuation research on SPXC's stock here.

SPXC Financials at a glance

Passed Health Checks:

  • Total SPXC debt is lower than 5 years ago, relative to shareholder equity.
  • SPXC profit margin has gone up from 0% to 5.2% in the past year.
  • SPXC's operating cash flow of $208.50M allows it to safely service it's debt of $558.30M.
  • SPXC earnings of $158.70M is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the SPXC balance sheet.

Failed Health Checks:

  • There are more long-term liabilities than short-term assets on the SPXC balance sheet.
  • SPXC has a relatively high debt to equity ratio of 1.04.

Is SPXC stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 Wall Street analysts who give recommendations on SPXC, the consensus analyst rating on Spx Technologies is a Buy

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Spx Technologies stock forecast page.

SPXC Trading Indicators

SMA10
119.43
SMA20
120.32
SMA50
117.8
SMA100
109.06
SMA200
95.36
MACD
0.87
MACD Signal
0.83
MACD Histogram
0.05
RSI
57.49
Stochastic %K
71.33
Stochastic %D
62.63
StochRSI %K
66.62
StochRSI %D
59.43

SPXC Performance Metrics

Last year, SPXC earnings were $89.90M. During the last five year, SPXC's earnings have gone up by 0.83% per year. This was faster than the Specialty Industrial Machinery industry average of -0.5%.

Last year, SPXC revenue was $1.74B. Over the past 5 year, SPXC's revenue has increased by 2.85% per year. This was slower than the Specialty Industrial Machinery industry average of 3.81%.

Dive into SPXC's earnings and revenue performance here.

Who is buying/selling SPXC?

In the past 12 months, executives and large shareholders at SPXC have bought more shares than they have sold.

John William Swann Iii, PRES. DETECTION MEASUREMENT of SPXC, was the latest SPXC insider to sell. They sold $1,300,124.00 worth of SPXC shares on Mar 20, 2024.

Get more info about who owns SPXC stock here.

Can I rely on SPXC as an income stream?

No, Spx Technologies doesn't provide an income stream by paying out dividends.

Get analysis from other traders

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Step 5: Place your SPXC trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price, place a limit order.

Hit the Open button and your broker will execute your order.

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Step 6: Monitor your investment in SPXC

Now that you own some SPXC stock, you'll want to keep up with your shares.

Put SPXC on a watchlist to see the latest developments about your SPXC stock.

SPXC Feed

How to Buy Stock in Spx Technologies

To summarize, here are the 6 steps to buy Spx Technologies stock:

  1. Choose where to buy Spx Technologies stock
  2. Open your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Spx Technologies stock
  5. Place your SPXC trade
  6. Monitor your investment in SPXC

If you require a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your new investment in Spx Technologies, get started below.

NYSE: SPXC
$121.81-0.74 (-0.6%)
Updated Apr 30, 2024
Open eToro Account
NYSE: SPXC
$121.81-0.74 (-0.6%)
Updated Apr 30, 2024
Open eToro Account

FAQ

How much does it cost to buy one Spx Technologies share?

As of Apr 30, 2024, it costs $121.81 to buy one share of Spx Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.082 shares of SPXC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Spx Technologies stock?

According to 2 Wall Street analysts who monitor Spx Technologies, their consensus recommendation is to buy Spx Technologies stock.

What is the best way to buy Spx Technologies stock?

One way to place an order for Spx Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.