Group 1: Company Performance - SPX Technologies has returned 47.2% year-to-date, significantly outperforming the average return of 8.5% for Business Services companies [6] - Seagate has achieved a year-to-date return of 21.1%, also outperforming the Business Services sector [7] - SPX Technologies holds a Zacks Rank of 2 (Buy), indicating a strong earnings outlook [5][6] Group 2: Earnings Estimates - The consensus EPS estimate for Seagate has increased by 32.3% over the past three months, reflecting improved analyst sentiment [2] - SPX Technologies' full-year earnings estimate has moved 6.3% higher in the past quarter, indicating a stronger earnings outlook [6] Group 3: Industry Context - SPX Technologies is part of the Technology Services industry, which consists of 170 companies and currently ranks 87 in the Zacks Industry Rank [8] - The Technology Services industry has gained an average of 18% year-to-date, with SPX Technologies outperforming this average [8]
Is SPX Technologies, Inc. (SPXC) Outperforming Other Business Services Stocks This Year?