SPX Corporation (SPW): Today's Featured Industrial Goods Winner
(
) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.5%. By the end of trading, SPX Corporation rose 40 cents (0.5%) to $74.60 on average volume. Throughout the day, 533,201 shares of SPX Corporation exchanged hands as compared to its average daily volume of 690,700 shares. The stock ranged in a price between $73.79-$75 after having opened the day at $74.39 as compared to the previous trading day's close of $74.20. Other companies within the Industrial Goods sector that increased today were:
(
), up 9.5%,
(
), up 9.1%,
(
), up 8.6%, and
Integrated Electrical Services
(
), up 7.1%.
SPX Corporation provides flow technology products, test and measurement products, thermal equipment and services, and industrial products and services worldwide. SPX Corporation has a market cap of $3.76 billion and is part of the
industry. The company has a P/E ratio of 22.2, above the average industrial industry P/E ratio of 22.1 and above the S&P 500 P/E ratio of 17.7. Shares are up 23.1% year to date as of the close of trading on Thursday. Currently there are eight analysts that rate SPX Corporation a buy, no analysts rate it a sell, and one rates it a hold.
TheStreet Ratings rates SPX Corporation as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.
- You can view the full SPX Ratings Report.
On the negative front,
Wowjoint Holdings
(
BWOW
), down 13.2%,
(
), down 11.1%,
(
), down 10.7%, and
(
), down 6.2%, were all losers within the industrial goods sector with
(
) being today's industrial goods sector loser.
- Use our industrial goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider
(
) while those bearish on the industrial goods sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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