NASDAQ:DXPEDXP Enterprises Stock Price, Forecast & News

$24.41

+2.75 (+12.70 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$22.71

Now: $24.41▼

$25.10

50-Day Range

$11.87

MA: $14.95▼

$21.66

52-Week Range

$10.44

Now: $24.41▼

$43.94

Volume223,851 shs

Average Volume123,760 shs

Market Capitalization$432.59 million

P/E Ratio13.05

Dividend YieldN/A

Beta2.8

DXP Enterprises, Inc. engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services to energy and industrial customers in the United States. It operates in three segments: Service Centers, Supply Chain Services, and Innovative Pumping Solutions. The Service Centers segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services. It offers rotating equipment, bearing, power transmission, hose, fluid power, metal working, fastener, industrial supply, and safety products and services; and field safety supervision, in-house and field repair, and predictive maintenance services. This segment serves the oil and gas, food and beverage, petrochemical, transportation, other general industry, mining, construction, chemical, municipal, agriculture, and pulp and paper industries. The Supply Chain Services segment manages procurement and inventory management solutions; and offers inventory optimization and management, store room management, transaction consolidation and control, vendor oversight and procurement cost optimization, productivity improvement, and customized reporting services. This segment's programs include SmartAgreement, a procurement solution for various MRO categories; SmartBuy, an on-site or centralized MRO procurement solution; SmartSource, an on-site procurement and storeroom management solution; SmartStore, an e-catalog solution; SmartVend, an industrial dispensing solution; and SmartServ, an integrated service pump solution. The Innovative Pumping Solutions segment provides pump packages comprising diesel and electric driven firewater, pipeline booster, potable water, pigging, lease automatic custody transfer charge unit, chemical injection wash down unit, seawater lift, jockey, condensate, cooling water, and seawater/produced water injection pump packages. The company was founded in 1908 and is based in Houston, Texas.

Beat the Market (BTM) Rank^™

1.5 Analyst's Opinion

Consensus Rating
DXP Enterprises has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.00, DXP Enterprises has a potential downside of 22.2% from its current price of $24.41.
Amount of Analyst Coverage
DXP Enterprises has only been the subject of 2 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
DXP Enterprises has received 227 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
DXP Enterprises has received 300 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
DXP Enterprises has received 56.93% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about DXP Enterprises and other stocks. Vote “Outperform” if you believe DXPE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DXPE will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
DXP Enterprises does not currently pay a dividend.
Dividend Growth
DXP Enterprises does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DXP Enterprises insiders have bought more of their company's stock than they have sold. Specifically, they have bought $122,500.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.40% of the stock of DXP Enterprises is held by insiders.
Percentage Held by Institutions
74.90% of the stock of DXP Enterprises is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for DXP Enterprises are expected to grow by 4.27% in the coming year, from $1.64 to $1.71 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DXP Enterprises is 13.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of DXP Enterprises is 13.05, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 23.89.
Price to Book Value per Share Ratio
DXP Enterprises has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.92 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Industrial machinery & equipment

Sub-IndustryTrading Companies & Distributors

SectorIndustrial Products

Current SymbolNASDAQ:DXPE

Previous Symbol

CUSIP23337740

CIK1020710

Webwww.dxpe.com

Phone713-996-4700

Debt

Debt-to-Equity Ratio0.80

Current Ratio2.79

Quick Ratio1.87

Price-To-Earnings

Trailing P/E Ratio13.05

Forward P/E Ratio14.88

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.27 billion

Price / Sales0.34

Cash Flow$4.29 per share

Price / Cash Flow5.69

Book Value$19.59 per share

Price / Book1.25

Profitability

EPS (Most Recent Fiscal Year)$1.96

Net Income$36.03 million

Net Margins2.74%

Return on Equity10.06%

Return on Assets4.36%

Miscellaneous

Employees2,747

Outstanding Shares17,722,000

Market Cap$432.59 million

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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DXP Enterprises (NASDAQ:DXPE) Frequently Asked Questions

How has DXP Enterprises' stock been impacted by COVID-19 (Coronavirus)?

DXP Enterprises' stock was trading at $16.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DXPE shares have increased by 50.4% and is now trading at $24.41. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of DXP Enterprises?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DXP Enterprises in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for DXP Enterprises.

When is DXP Enterprises' next earnings date?

DXP Enterprises is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for DXP Enterprises.

How were DXP Enterprises' earnings last quarter?

DXP Enterprises Inc (NASDAQ:DXPE) issued its quarterly earnings data on Friday, May, 8th. The industrial products company reported $0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.20 by $0.11. The industrial products company earned $300.98 million during the quarter, compared to the consensus estimate of $278.70 million. DXP Enterprises had a return on equity of 10.06% and a net margin of 2.74%. View DXP Enterprises' earnings history.

What price target have analysts set for DXPE?

2 brokers have issued twelve-month price objectives for DXP Enterprises' shares. Their forecasts range from $18.00 to $20.00. On average, they expect DXP Enterprises' stock price to reach $19.00 in the next year. This suggests that the stock has a possible downside of 22.2%. View analysts' price targets for DXP Enterprises.

Has DXP Enterprises been receiving favorable news coverage?

Headlines about DXPE stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. DXP Enterprises earned a media sentiment score of 0.7 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutDXP Enterprises.

Who are some of DXP Enterprises' key competitors?

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

What other stocks do shareholders of DXP Enterprises own?

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

Who are DXP Enterprises' key executives?

DXP Enterprises' management team includes the following people:

Mr. David R. Little, Chairman, Pres & CEO (Age 67)
Mr. Kent Yee, Sr. VP of Fin., CFO & Sec. (Age 44)
Mr. Chris Gregory, Sr. VP of Information Technology & Chief Information Officer (Age 43)
Mr. John J. Jeffery, Sr. VP of Supply Chain Services, Marketing & Information Technology (Age 51)
Mr. Todd Hamlin, Sr. VP of Sales (Age 47)

What is DXP Enterprises' stock symbol?

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

Who are DXP Enterprises' major shareholders?

DXP Enterprises' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.54%), Van Berkom & Associates Inc. (5.56%), State Street Corp (2.93%), JPMorgan Chase & Co. (1.73%), Invesco Ltd. (1.42%) and Geode Capital Management LLC (1.38%). Company insiders that own DXP Enterprises stock include Christopher T Gregory, Cletus Davis, David C Vinson, David R Little, Kent Nee Hung Yee and Timothy P Halter. View institutional ownership trends for DXP Enterprises.

Which institutional investors are selling DXP Enterprises stock?

DXPE stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Van Berkom & Associates Inc., Deutsche Bank AG, Nuveen Asset Management LLC, Wells Fargo & Company MN, Victory Capital Management Inc., Victory Capital Management Inc., and UBS Group AG. View insider buying and selling activity for DXP Enterprises.

Which institutional investors are buying DXP Enterprises stock?

DXPE stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Morgan Stanley, Morgan Stanley, State Street Corp, Engineers Gate Manager LP, Geode Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., and BlackRock Inc.. View insider buying and selling activity for DXP Enterprises.

How do I buy shares of 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.

What is DXP Enterprises' stock price today?

One share of DXPE stock can currently be purchased for approximately $24.41.

How big of a company is DXP Enterprises?

DXP Enterprises has a market capitalization of $432.59 million and generates $1.27 billion in revenue each year. The industrial products company earns $36.03 million in net income (profit) each year or $1.96 on an earnings per share basis. DXP Enterprises employs 2,747 workers across the globe.

What is DXP Enterprises' official website?

The official website for DXP Enterprises is www.dxpe.com.

How can I contact DXP Enterprises?

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

This page was last updated on 6/6/2020 by MarketBeat.com Staff