Group 1 - SentinelOne has underperformed the market in 2023, with a year-to-date performance of -19%, while the S&P 500 has gained +12% [1] - The analysis emphasizes the importance of quantitative methods for identifying undervalued stocks across various industries [1] Group 2 - The author has been investing since 2013 and has gained knowledge from extensive reading on stock market strategies [1]

Group 1 - SPX Technologies, Inc. generates nearly 20% of its revenues outside the U.S. [1] - The company operates as a global entity with production, distribution, and service in over 16 countries [1]

Core Viewpoint - SPX Technologies, Inc. has announced a public offering of 2,659,575 shares of its common stock at a price of $188.00 per share, aiming to raise approximately $500 million in gross proceeds before expenses [1]. Group 1: Offering Details - The offering consists of shares sold entirely by SPX, with an additional 30-day option for underwriters to purchase up to 398,936 additional shares [1]. - The expected closing date for the offering is around August 14, 2025, pending customary closing conditions [1]. Group 2: Underwriters - BofA Securities, J.P. Morgan, and Wells Fargo Securities are serving as joint book-running managers for the offering [2]. - TD Cowen and Truist Securities are also acting as book-running managers, with several other firms participating as co-managers [2]. Group 3: Regulatory Information - The shares are being offered under an effective automatic shelf registration statement previously filed with the U.S. Securities and Exchange Commission (SEC) [3]. - A prospectus supplement and accompanying prospectus will be filed with the SEC and made available on their website [3]. Group 4: Company Overview - SPX Technologies, Inc. is a diversified global supplier of engineered products and technologies, with a strong presence in the HVAC and detection and measurement markets [5]. - The company is headquartered in Charlotte, North Carolina, and employs over 4,300 people across more than 16 countries [5].

Company Overview - SPX Technologies, Inc. is a diversified global supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets [5] - The company is based in Charlotte, North Carolina, and employs over 4,300 individuals across more than 16 countries [5] - SPX is publicly traded on the New York Stock Exchange under the ticker symbol "SPXC" [5] Public Offering Details - SPX announced its intention to offer and sell $500 million of shares of its common stock in an underwritten public offering [1] - The company plans to grant underwriters a 30-day option to purchase up to an additional $75 million of shares [1] - The offering is subject to market conditions, and there is no assurance regarding the completion or terms of the offering [1] Underwriters - BofA Securities, J.P. Morgan, and Wells Fargo Securities are acting as joint book-running managers for the proposed offering [2] - TD Cowen and Truist Securities are also involved as book-running managers for the offering [2] Regulatory Compliance - The shares are being offered pursuant to an effective automatic shelf registration statement previously filed with the U.S. Securities and Exchange Commission (SEC) [3] - A preliminary prospectus supplement and accompanying prospectus will be filed with the SEC, detailing the terms of the offering [3]

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the use of a specific screening strategy to find stocks with strong fundamentals and positive price momentum [1][2][3]. Group 1: Stock Performance - SPX Technologies (SPXC) has shown a solid price increase of 29.2% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 17.1% in the last four weeks, suggesting that the upward trend is still intact [5]. - SPXC is currently trading at 91.7% of its 52-week high-low range, indicating a potential breakout opportunity [5]. Group 2: Fundamental Strength - SPXC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like SPXC that have the fundamental strength to sustain their recent price trends [3]. - The article suggests that there are multiple stocks passing through this screening process, providing additional investment opportunities for trend-focused investors [8].

Industry Overview - The Technology Services industry ranks within the top 40% of Zacks Ranked Industries and is expected to outperform the market over the next three to six months [1][8] - The industry is mature with strong demand for services, leading to significant growth in the first half of 2025, which is likely to continue in the second half [1][3] Market Trends - The global shift toward digitization is creating opportunities in markets such as 5G, blockchain, and artificial intelligence (AI) [3] - Companies are rapidly adopting generative AI, machine learning (ML), and data science to gain competitive advantages [3][4] - There is robust demand for multi-cloud-enabled software solutions as businesses transition from legacy platforms to modern cloud-based infrastructure [3] Company Highlights Coherent Corp. (COHR) - Coherent is positioned in the industrial, communications, electronics, and instrumentation markets, offering diversified applications [7] - Expected revenue and earnings growth rates for the current year are 11.5% and 29.3%, respectively, with a 4.1% improvement in the Zacks Consensus Estimate for current-year earnings over the last 30 days [9] Vimeo Inc. (VMEO) - Vimeo provides cloud-based video software solutions, including video hosting, management, and analytics [10][11] - Expected revenue and earnings growth rates for the next year are 6.2% and over 100%, respectively, with no change in the Zacks Consensus Estimate for next-year earnings over the last 60 days [12] Skillsoft Corp. (SKIL) - Skillsoft offers personalized learning experiences and operates in two segments: Talent Development Solutions and Global Knowledge [13][14] - Expected revenue and earnings growth rates for the current year are 1.2% and -157%, respectively, with a 54.8% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [15] Vontier Corp. (VNT) - Vontier focuses on transportation and mobility solutions, operating through three segments: Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions [16] - Expected revenue and earnings growth rates for the current year are 0.1% and 9%, respectively, with a 2.9% improvement in the Zacks Consensus Estimate for current-year earnings over the last seven days [17] SPX Technologies Inc. (SPXC) - SPX Technologies is a diversified supplier in the HVAC and detection and measurement markets, operating in two segments [18] - Expected revenue and earnings growth rates for the current year are 12.7% and 17%, respectively, with a 3.2% improvement in the Zacks Consensus Estimate for current-year earnings over the last seven days [19]

Core Viewpoint - SPX Technologies has shown strong stock performance, with a 13.5% increase over the past month and a 34.9% rise since the beginning of the year, outperforming both the Zacks Business Services sector and the Zacks Technology Services industry [1][2]. Financial Performance - The company has consistently exceeded earnings expectations, reporting an EPS of $1.65 against a consensus estimate of $1.45 in its last earnings report [2]. - For the current fiscal year, SPX Technologies is projected to achieve earnings of $6.53 per share on revenues of $2.23 billion, reflecting a 17.03% increase in EPS and a 12.55% increase in revenues [3]. - The next fiscal year forecasts earnings of $7.3 per share on revenues of $2.38 billion, indicating year-over-year changes of 11.91% and 6.43%, respectively [3]. Valuation Metrics - SPX Technologies currently trades at a valuation of 30.1X current fiscal year EPS estimates, which is above the peer industry average of 20.7X [7]. - On a trailing cash flow basis, the stock trades at 25.7X compared to the peer group's average of 11.6X [7]. - The company has a PEG ratio of 1.67, which does not place it among the top value stocks [7]. Zacks Rank and Style Scores - SPX Technologies holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [8]. - The stock has a Value Score of D, while its Growth and Momentum Scores are A and B, respectively, resulting in a combined VGM Score of B [6][9].

Core Insights - SPX reported strong Q2 2025 results with adjusted EPS of $1.65, exceeding analyst estimates of $1.45, and GAAP revenue of $552.4 million, surpassing expectations of $546.69 million, reflecting double-digit growth year-over-year [1][2] - The company has raised its full-year 2025 guidance, anticipating revenue between $2.225 to $2.275 billion and adjusted EBITDA of $485 to $510 million, driven by strong demand and operational momentum [9] Financial Performance - Adjusted EPS increased by 16.2% year-over-year from $1.42 in Q2 2024 to $1.65 in Q2 2025 [2] - GAAP revenue rose by 10.2% from $501.3 million in Q2 2024 to $552.4 million in Q2 2025 [2] - Adjusted EBITDA improved to $126.7 million, reflecting a 16.4% increase from $108.9 million in Q2 2024 [2] - Adjusted free cash flow decreased by 35.9% from $57.9 million in Q2 2024 to $37.1 million in Q2 2025 [2] Segment Performance - HVAC segment revenue grew by 5.7% to $376.7 million, while detection and measurement revenue surged by 21.3% to $175.7 million, with 14.9% of this growth attributed to the acquisition of KTS [2][5] - Segment income margin for HVAC was 25.4%, up nearly two percentage points from the previous year, while detection and measurement margin slipped to 22.8% [6] Strategic Focus - SPX is concentrating on product innovation and expansion in high-growth markets, particularly in HVAC solutions for data centers and green buildings [4] - The company is integrating recent acquisitions, Sigma & Omega and KTS, to enhance its product offerings and market reach [6] Guidance and Future Outlook - Full-year 2025 guidance includes HVAC revenue of $1.50–$1.53 billion and detection and measurement revenue of $725–745 million, with segment income margins projected at 24.75% and 23.0%, respectively [9] - Management emphasized the importance of monitoring organic growth trends in HVAC and successful integration of KTS in detection and measurement [10]

Core Insights - SPX Technologies reported revenue of $552.4 million for the quarter ended June 2025, reflecting a year-over-year increase of 10.2% [1] - The company's EPS for the quarter was $1.65, up from $1.42 in the same quarter last year, exceeding the consensus estimate of $1.45 by 13.79% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $547.05 million, resulting in a surprise of 0.98% [1] Revenue Breakdown - Detection & Measurement segment generated revenues of $175.7 million, exceeding the average estimate of $166.2 million by analysts, marking a year-over-year increase of 21.3% [4] - HVAC segment revenues were reported at $376.7 million, slightly below the average estimate of $380.83 million, with a year-over-year change of 5.7% [4] Segment Income - Detection & Measurement segment income was $40 million, surpassing the average estimate of $37.45 million [4] - HVAC segment income reached $95.8 million, exceeding the average estimate of $88 million from analysts [4] Stock Performance - SPX Technologies' shares have returned 5.1% over the past month, outperforming the Zacks S&P 500 composite's return of 2.7% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Core Viewpoint - SPX Technologies reported quarterly earnings of $1.65 per share, exceeding the Zacks Consensus Estimate of $1.45 per share, marking an earnings surprise of +13.79% [1][2] Financial Performance - The company achieved revenues of $552.4 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.98% and showing an increase from $501.3 million year-over-year [2] - Over the last four quarters, SPX Technologies has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - SPX Technologies shares have increased approximately 24.6% since the beginning of the year, significantly outperforming the S&P 500's gain of 8.2% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.59 on revenues of $564.7 million, while for the current fiscal year, the estimate is $6.33 on revenues of $2.22 billion [7] - The favorable trend in estimate revisions prior to the earnings release has resulted in a Zacks Rank 2 (Buy) for SPX Technologies, indicating expected outperformance in the near future [6] Industry Context - The Technology Services industry, to which SPX Technologies belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]