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 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.61 by $0.10. The industrial products company had revenue of $327.18 million for the quarter, compared to analysts' expectations of $323.44 million. DXP Enterprises had a net margin of 3.51% and a return on equity of 13.87%. The company's revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company posted $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 brokerages have issued twelve-month target prices for DXP Enterprises' shares. Their forecasts range from $47.00 to $52.00. On average, they anticipate DXP Enterprises' stock price to reach $48.67 in the next twelve months. This suggests a possible upside of 31.7% 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 headlines about DXPE stock have been trending extremely negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. DXP Enterprises earned a news impact score of -4.5 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for DXP Enterprises.

DXP Enterprises saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 546,700 shares, an increase of 17.9% from the December 31st total of 463,700 shares. Based on an average trading volume of 64,800 shares, the short-interest ratio is presently 8.4 days. Approximately 3.4% of the shares of the stock are short sold. 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), AT&T (T), Walt Disney (DIS), Enterprise Products Partners (EPD), Invesco (IVZ), Pfizer (PFE), Home Depot (HD), Verizon Communications (VZ), Netflix (NFLX) and Freeport-McMoRan (FCX).

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%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). 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.

DXPE stock was purchased by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank . 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 $36.96.

DXP Enterprises has a market capitalization of $650.50 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.