Group 1 - SPX Technologies is currently outperforming its peers in the Construction sector, with a year-to-date return of approximately 49.6% compared to the sector average of 4.1% [4] - The Zacks Rank for SPX Technologies is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for SPX Technologies' full-year earnings has increased by 3.1% over the past quarter, reflecting improved analyst sentiment [4] Group 2 - SPX Technologies is part of the Building Products - Air Conditioner and Heating industry, which has seen a year-to-date gain of about 4.7% [6] - The Construction sector, which includes SPX Technologies, ranks 15 in the Zacks Sector Rank, indicating a moderate performance relative to other sectors [2] - Another notable stock in the Construction sector is Tutor Perini, which has achieved a year-to-date return of 178.5% and also holds a Zacks Rank of 2 (Buy) [5][7]
Are Construction Stocks Lagging SPX Technologies, Inc. (SPXC) This Year?