Spirax-Sarco Engineering plc (SPXSY) Research
Spirax-Sarco Engineering plc delivers specialized engineering solutions across three primary domains: industrial and commercial steam infrastructure, electrical heating and temperature regulation, and advanced pump and fluid handling technologies. Within its steam division, the company supplies comprehensive systems covering condensate management, precise controls, and thermal energy solutions. These are applied in various functions such as heating, curing, cleaning, sterilization, generating hot water, space heating, and humidification processes. Its electrical heating segment features a range of products, including industrial heaters, integrated systems, heat tracing solutions, and diverse component technologies, all designed for managing temperature in industrial processes. Furthermore, Spirax-Sarco provides specialized fluid transfer technologies, encompassing peristaltic and other niche pumps, along with related components like tubing and advanced filling systems, particularly for single-use applications. A wide array of sectors benefit from its offerings, including the food and beverage industry, pharmaceuticals and biotechnology, oil and gas, chemicals, healthcare, power generation, building management, mining and precious metals, water and wastewater treatment, pulp and paper manufacturing, and original equipment manufacturers (OEMs). Sales are conducted both directly to customers and through an established network of distributors. Its operational footprint spans Europe, the Middle East, Africa, the Asia Pacific region, and the Americas. Established in 1888, Spirax-Sarco Engineering plc maintains its corporate headquarters in Cheltenham, United Kingdom.
Market snapshot
- Symbol
- SPXSY
- Price
- $47.85
- Day change
- +1.23%
- Market cap
- $5.2B
- P/E ratio
- 31.83x
- 52-week range
- 38.99-54.08
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Analyst price target
- $70.00
Peer companies
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