Is SPX Technologies, Inc. (SPXC) Stock Outpacing Its Business Services Peers This Year?

Company Performance - SPX Technologies (SPXC) has achieved a year-to-date performance increase of approximately 48.2%, significantly outperforming the average return of 8.4% for the Business Services sector [4] - The Zacks Consensus Estimate for SPXC's full-year earnings has increased by 3.3% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [3] Industry Ranking - SPX Technologies is part of the Technology Services industry, which consists of 171 companies and currently ranks 88 in the Zacks Industry Rank. This industry has seen an average gain of 20.4% year-to-date, with SPXC outperforming this average [5] - The Business Services group, which includes SPX Technologies, ranks 5 within the Zacks Sector Rank, which encompasses 16 different groups [2] Comparison with Peers - Envestnet (ENV), another company in the Business Services sector, has returned 27.2% year-to-date and also holds a Zacks Rank of 2 (Buy) [4][5] - The Financial Transaction Services industry, to which Envestnet belongs, is ranked 84 and has experienced a 6% increase this year [6]