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

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

DXP Enterprises Inc (NASDAQ:DXPE) issued its quarterly earnings results on Wednesday, November, 6th. The industrial products company reported $0.71 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 analyst estimates of $323.44 million. DXP Enterprises had a net margin of 3.51% and a return on equity of 13.87%. The firm's revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 EPS. 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 target prices 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 year. This suggests a possible upside of 24.0% 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.

Headlines about DXPE stock have trended very negative this week, InfoTrie reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. DXP Enterprises earned a daily sentiment score of -3.8 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for DXP Enterprises.

DXP Enterprises saw a increase in short interest in December. As of December 31st, there was short interest totalling 546,700 shares, an increase of 17.9% from the December 15th total of 463,700 shares. Based on an average daily volume of 66,600 shares, the short-interest ratio is currently 8.2 days. Approximately 3.4% 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), Beacon Roofing Supply (BECN), Aircastle (AYR), WESCO International (WCC), 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), Home Depot (HD), Netflix (NFLX), UnitedHealth Group (UNH), Delcath Systems (DCTHD), Applied Materials (AMAT), Advanced Micro Devices (AMD), CVS Health (CVS) and Seadrill (SDRL).

DXP Enterprises' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.03%). Company insiders that own DXP Enterprises stock include Christopher T Gregory, Cletus Davis, David C Vinson, David R Little, John Jay Jeffery and Kent Nee Hung Yee. View Institutional Ownership Trends for DXP Enterprises.

DXPE stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. 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.

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 $39.25.

DXP Enterprises has a market capitalization of $690.80 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.