DXP Enterprises - DXPE Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DXP Enterprises in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DXPE shares.
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1 equities research analysts have issued 1-year price objectives for DXP Enterprises' stock. Their DXPE share price forecasts range from $40.00 to $40.00. On average, they predict the company's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 52.5% from the stock's current price.
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DXP Enterprises' stock was trading at $27.55 on January 1st, 2023. Since then, DXPE shares have decreased by 4.8% and is now trading at $26.23.
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The company is scheduled to release its next quarterly earnings announcement on Friday, March 24th 2023.
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DXP Enterprises, Inc. (NASDAQ:DXPE) posted its quarterly earnings data on Wednesday, December, 8th. The industrial products company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.45 by $0.09. The industrial products company had revenue of $289.49 million for the quarter. DXP Enterprises had a trailing twelve-month return on equity of 11.54% and a net margin of 3.01%.

ETFs with the largest weight of DXP Enterprises (NASDAQ:DXPE) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap 600 Pure Value ETF (RZV), First Trust Dow Jones Select Microcap Index Fund (FDM), iShares US Small Cap Value Factor ETF (SVAL), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Global X U.S. Infrastructure Development ETF (PAVE), Invesco S&P SmallCap Industrials ETF (PSCI) and Invesco S&P SmallCap 600 Equal Weight ETF (EWSC).

DXP Enterprises issued an update on its FY 2022 earnings guidance on Monday, March, 20th. The company provided EPS guidance of $1.92-$2.07 for the period, compared to the consensus earnings per share estimate of $2.30. The company issued revenue guidance of $1.40 billion-$1.46 billion, compared to the consensus revenue estimate of $1.42 billion.

108 employees have rated DXP Enterprises Chief Executive Officer David R. Little on Glassdoor.com. David R. Little has an approval rating of 62% among the company's employees. This puts David R. Little in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other DXP Enterprises investors own include Actinium Pharmaceuticals (ATNM), Delcath Systems (DCTHD), General Electric (GE), Gilead Sciences (GILD), Pfizer (PFE), Seadrill (SDRL), Exelixis (EXEL), General Motors (GM), Groupon (GRPN) and KeyCorp (KEY).

DXP Enterprises trades on the NASDAQ under the ticker symbol "DXPE."

DXP Enterprises' stock is owned by many different institutional and retail investors. Top institutional investors include American Century Companies Inc. (5.92%), Dimensional Fund Advisors LP (5.03%), Mirae Asset Global Investments Co. Ltd. (2.29%), Medina Value Partners LLC (1.93%), Nantahala Capital Management LLC (1.80%) and Geode Capital Management LLC (1.58%). Insiders that own company stock include Christopher T Gregory, David C Vinson, David R Little, Gene Padgett, Joseph R Mannes, Kent Nee Hung Yee and Timothy P Halter.
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Shares of DXPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DXPE stock can currently be purchased for approximately $26.23.

DXP Enterprises (NASDAQ:DXPE) has a market capitalization of $492.07 million and generates $1.11 billion in revenue each year. The industrial products company earns $16.50 million in net income (profit) each year or $2.11 on an earnings per share basis.

The company employs 1,577 workers across the globe.

DXP Enterprises' mailing address is 5301 Hollister, Houston TX, 77040. The official website for the company is www.dxpe.com. The industrial products company can be reached via phone at (713) 996-4700 or via fax at 713-996-4701.