NASDAQ:DXPE - DXP Enterprises Stock Price, Forecast & News

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

DXP Enterprises Inc (NASDAQ:DXPE) announced its quarterly earnings results on Wednesday, November, 6th. The industrial products company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.10. The industrial products company earned $327.18 million during the quarter, compared to the consensus estimate of $323.44 million. DXP Enterprises had a return on equity of 13.87% and a net margin of 3.51%. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.46 earnings per share. View DXP Enterprises' Earnings History.

DXP Enterprises is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for DXP Enterprises.

3 brokers have issued 12-month price objectives for DXP Enterprises' shares. Their forecasts range from $47.00 to $52.00. On average, they expect DXP Enterprises' stock price to reach $48.67 in the next twelve months. This suggests a possible upside of 21.2% from the stock's current price. View Analyst Price Targets for DXP Enterprises.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DXP Enterprises in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DXP Enterprises.

News articles about DXPE stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. DXP Enterprises earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for DXP Enterprises.

DXP Enterprises saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 472,000 shares, an increase of 9.5% from the November 14th total of 431,100 shares. Based on an average trading volume of 66,300 shares, the days-to-cover ratio is currently 7.1 days. Approximately 2.9% of the shares of the stock are sold short. View DXP Enterprises' Current Options Chain.

Some companies that are related to DXP Enterprises include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), Air Lease (AL), MSC Industrial Direct (MSM), GATX (GATX), Applied Industrial Technologies (AIT), Aircastle (AYR), WESCO International (WCC), Beacon Roofing Supply (BECN), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES) and MRC Global (MRC).

Based on aggregate information from My MarketBeat watchlists, some companies that other DXP Enterprises investors own include Actinium Pharmaceuticals (ATNM), Walt Disney (DIS), Delcath Systems (DCTHD), Netflix (NFLX), Home Depot (HD), UnitedHealth Group (UNH), CVS Health (CVS), AT&T (T), Verizon Communications (VZ) and Advanced Micro Devices (AMD).

DXP Enterprises' stock is owned by a number of of retail and institutional investors. Top institutional investors include Stephens Inc. AR (3.39%), State Street Corp (2.56%), Rhumbline Advisers (0.31%), California Public Employees Retirement System (0.23%), Squarepoint Ops LLC (0.20%) and Municipal Employees Retirement System of Michigan (0.16%). Company insiders that own DXP Enterprises stock include Christopher T Gregory, Cletus Davis, David C Vinson, David R Little, John Jay Jeffery, Kent Nee Hung Yee and Todd Hamlin. View Institutional Ownership Trends for DXP Enterprises.

DXPE stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Shaker Investments LLC OH, Municipal Employees Retirement System of Michigan, Barclays PLC and Stephens Inc. AR. Company insiders that have sold DXP Enterprises company stock in the last year include Christopher T Gregory and Kent Nee Hung Yee. View Insider Buying and Selling for DXP Enterprises.

DXPE stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, State of Alaska Department of Revenue, Zebra Capital Management LLC, California Public Employees Retirement System, Rhumbline Advisers, Voya Investment Management LLC, State of Tennessee Treasury Department and Squarepoint Ops LLC. View Insider Buying and Selling for DXP Enterprises.

Shares of DXPE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of DXPE stock can currently be purchased for approximately $40.15.

DXP Enterprises has a market capitalization of $706.64 million and generates $1.22 billion in revenue each year. The industrial products company earns $35.63 million in net income (profit) each year or $1.94 on an earnings per share basis. DXP Enterprises employs 1,576 workers across the globe.View Additional Information About DXP Enterprises.

The official website for DXP Enterprises is http://www.dxpe.com/.

DXP Enterprises' mailing address is 5301 Hollister, Houston TX, 77040. The industrial products company can be reached via phone at 713-996-4700.