SPX The industrial products company reported last month fourth-quarter earnings of $62.5 million, or $1.24 a share, down from year-ago earnings of $65.3 million, or $1.31. "For 2013, we estimate the full-year annualized benefit of debt pay down and share repurchase in 2012, coupled with higher assumed margins for SPX's Industrial segment (vs. our previous forecast), should fully offset the absence of Service Solutions earnings contribution," Bank of America Merrill Lynch analysts wrote in a Feb. 23 report. "We expect SPX to start shipping large transformers by 2Q12 which should drive a material profit boost in 2013 (vs. 2012 which is still pressured by ~$10mm of ramp-up costs). We maintain our Buy rating and $80 price objective." Forward Annual Dividend Yield: 1.4% Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin decreased from the prior year. SPX has average liquidity. Its Quick Ratio is 1.01, which shows the company can technically meet its short-term cash needs. In the fourth quarter, stockholders' net worth increased 6.17% from the previous year. TheStreet Ratings' price target is $86.20. The stock closed Thursday at $74.40 and has risen 23.44% year to date.