SPXC vs. LECO, NNBR, VLTO, KSPI, BR, SYM, APTV, BAH, STX, and CPAY
Should you be buying SPX Technologies stock or one of its competitors? The main competitors of SPX Technologies include Lincoln Electric (LECO), NN (NNBR), Veralto (VLTO), Joint Stock Company Kaspi.kz (KSPI), Broadridge Financial Solutions (BR), Symbotic (SYM), Aptiv (APTV), Booz Allen Hamilton (BAH), Seagate Technology (STX), and Corpay (CPAY).
SPX Technologies (NYSE:SPXC) and Lincoln Electric (NASDAQ:LECO) are both business services companies, but which is the superior business? We will compare the two businesses based on the strength of their community ranking, risk, profitability, dividends, institutional ownership, valuation, analyst recommendations, earnings and media sentiment.
In the previous week, Lincoln Electric had 5 more articles in the media than SPX Technologies. MarketBeat recorded 9 mentions for Lincoln Electric and 4 mentions for SPX Technologies. SPX Technologies' average media sentiment score of 0.99 beat Lincoln Electric's score of 0.33 indicating that SPX Technologies is being referred to more favorably in the media.
SPX Technologies has a beta of 1.24, indicating that its stock price is 24% more volatile than the S&P 500. Comparatively, Lincoln Electric has a beta of 1.23, indicating that its stock price is 23% more volatile than the S&P 500.
Lincoln Electric has a net margin of 13.23% compared to SPX Technologies' net margin of 5.32%. Lincoln Electric's return on equity of 43.81% beat SPX Technologies' return on equity.
SPX Technologies received 4 more outperform votes than Lincoln Electric when rated by MarketBeat users. However, 59.68% of users gave Lincoln Electric an outperform vote while only 59.25% of users gave SPX Technologies an outperform vote.
92.8% of SPX Technologies shares are owned by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are owned by institutional investors. 3.5% of SPX Technologies shares are owned by company insiders. Comparatively, 2.6% of Lincoln Electric shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
SPX Technologies presently has a consensus target price of $141.00, indicating a potential upside of 1.13%. Lincoln Electric has a consensus target price of $225.29, indicating a potential upside of 14.73%. Given Lincoln Electric's higher probable upside, analysts clearly believe Lincoln Electric is more favorable than SPX Technologies.
Lincoln Electric has higher revenue and earnings than SPX Technologies. Lincoln Electric is trading at a lower price-to-earnings ratio than SPX Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Lincoln Electric beats SPX Technologies on 10 of the 18 factors compared between the two stocks.
Get SPX Technologies News Delivered to You Automatically
Sign up to receive the latest news and ratings for SPXC and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding SPXC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
SPX Technologies Competitors List
Related Companies and Tools
