Critical Survey: Aeries Technology (NASDAQ:AERT) vs. SPX Technologies (NYSE:SPXC)

SPX Technologies (NYSE:SPXC) and Aeries Technology (NASDAQ:AERT) are both business services companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, valuation, profitability, analyst recommendations, institutional ownership and dividends.

Profitability

This table compares SPX Technologies and Aeries Technology’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SPX Technologies	10.33%	18.68%	9.65%
Aeries Technology	-1.37%	N/A	-2.24%

Valuation and Earnings

This table compares SPX Technologies and Aeries Technology”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SPX Technologies	$1.98 billion	5.25	$200.50 million	$4.67	44.78
Aeries Technology	$70.20 million	0.38	-$19.71 million	($0.02)	-27.38

SPX Technologies has higher revenue and earnings than Aeries Technology. Aeries Technology is trading at a lower price-to-earnings ratio than SPX Technologies, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

SPX Technologies has a beta of 1.33, suggesting that its stock price is 33% more volatile than the S&P 500. Comparatively, Aeries Technology has a beta of -0.35, suggesting that its stock price is 135% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and target prices for SPX Technologies and Aeries Technology, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SPX Technologies	0	4	6	0	2.60
Aeries Technology	1	0	0	0	1.00

SPX Technologies presently has a consensus target price of $214.14, suggesting a potential upside of 2.40%. Given SPX Technologies’ stronger consensus rating and higher possible upside, research analysts plainly believe SPX Technologies is more favorable than Aeries Technology.

Institutional & Insider Ownership

92.8% of SPX Technologies shares are owned by institutional investors. Comparatively, 99.2% of Aeries Technology shares are owned by institutional investors. 3.3% of SPX Technologies shares are owned by company insiders. Comparatively, 76.9% of Aeries Technology shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

SPX Technologies beats Aeries Technology on 12 of the 14 factors compared between the two stocks.

About SPX Technologies

SPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets worldwide. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers, heating, and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, and robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Cues, ULC Robotics, and Sensors & Software brands; transportation systems under the Genfare brand; communication technologies products under the TCI and ECS brands; and obstruction lighting products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite brands. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina.

About Aeries Technology

Aeries Technology, Inc. operates as a professional services and consulting partner in the North America, Asia Pacific, and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services. The company was founded in 2012 and is headquartered in Singapore.