DXP Enterprises Stock Price, News & Analysis (NASDAQ:DXPE)

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

DXP Enterprises Inc (NASDAQ:DXPE) announced its quarterly earnings results on Tuesday, August, 6th. The industrial products company reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.65 by $0.08. The industrial products company earned $333.30 million during the quarter, compared to analysts' expectations of $331.07 million. DXP Enterprises had a return on equity of 12.86% and a net margin of 3.19%. The business's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.61 earnings per share. View DXP Enterprises' Earnings History.

DXP Enterprises is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for DXP Enterprises.

3 brokerages have issued 12 month target prices for DXP Enterprises' stock. Their predictions range from $47.00 to $52.00. On average, they expect DXP Enterprises' share price to reach $48.6667 in the next year. This suggests a possible upside of 33.9% 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.

Press coverage about DXPE stock has trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. DXP Enterprises earned a news impact score of -1.3 on InfoTrie's scale. They also gave media headlines 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 near future. View News Stories for DXP Enterprises.

DXP Enterprises saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 531,800 shares, an increase of 16.5% from the July 31st total of 456,300 shares. Based on an average trading volume of 80,200 shares, the short-interest ratio is currently 6.6 days. Approximately 3.3% of the company's shares are sold short. View DXP Enterprises' Current Options Chain.

Some companies that are related to DXP Enterprises include II-VI (IIVI), Horiba (HRIBF), Welbilt (WBT), Belden (BDC), Greif (GEF.B), Chart Industries (GTLS), AlarmCom (ALRM), Verra Mobility (VRRM), Franklin Electric (FELE), Redrow (RDW), Adelaide Brighton (ABC), Worthington Industries (WOR), Applied Industrial Technologies (AIT), ESCO Technologies (ESE) and Bodycote (BYPLF).

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

DXP Enterprises' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.20%), Van Berkom & Associates Inc. (6.47%), Vanguard Group Inc. (5.76%), Stephens Inc. AR (3.40%), King Luther Capital Management Corp (2.70%) and Invesco Ltd. (1.97%). 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 AlphaOne Investment Services LLC, Citadel Advisors LLC, Invesco Ltd., Panagora Asset Management Inc., Acadian Asset Management LLC, Vanguard Group Inc., Zacks Investment Management and Allianz Asset Management GmbH. View Insider Buying and Selling for DXP Enterprises.

DXPE stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Wells Fargo & Company MN, BlackRock Inc., Renaissance Technologies LLC, Shaker Investments LLC OH, Keybank National Association OH, Los Angeles Capital Management & Equity Research Inc. and Victory Capital Management Inc.. 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 $36.35.

DXP Enterprises has a market capitalization of $640.12 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.