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

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

DXP Enterprises Inc (NASDAQ:DXPE) released its earnings results on Tuesday, August, 6th. The industrial products company reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.65 by $0.08. The industrial products company had revenue of $333.30 million for the quarter, compared to analyst estimates of $331.07 million. DXP Enterprises had a return on equity of 12.86% and a net margin of 3.19%. The company's revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.61 EPS. 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 Wall Street analysts have issued 12 month price objectives for DXP Enterprises' stock. Their forecasts range from $47.00 to $52.00. On average, they expect DXP Enterprises' stock price to reach $48.6667 in the next twelve months. This suggests a possible upside of 32.7% 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.

Media headlines about DXPE stock have been trending somewhat negative recently, according to InfoTrie. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. DXP Enterprises earned a coverage optimism score of -1.3 on InfoTrie's scale. They also gave media coverage 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 effect on the stock's share price in the immediate future. View News Stories for DXP Enterprises.

DXP Enterprises saw a increase in short interest in 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 daily volume of 80,200 shares, the days-to-cover ratio is currently 6.6 days. Approximately 3.3% of the shares of the stock are sold short. View DXP Enterprises' Current Options Chain.

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

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 variety of of retail and institutional investors. Top institutional shareholders 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 $36.67.

DXP Enterprises has a market capitalization of $645.76 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.