DXP Enterprises (NASDAQ:DXPE - Get Free Report) is expected to announce its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.89 per share and revenue of $447.00 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.
DXP Enterprises Price Performance
NASDAQ DXPE traded up $1.55 during trading on Friday, hitting $90.47. 154,942 shares of the stock traded hands, compared to its average volume of 272,401. The company has a quick ratio of 1.78, a current ratio of 2.22 and a debt-to-equity ratio of 1.29. DXP Enterprises has a 12-month low of $35.06 and a 12-month high of $107.06. The firm has a 50-day simple moving average of $94.37 and a 200-day simple moving average of $71.67. The company has a market capitalization of $1.42 billion, a P/E ratio of 23.32 and a beta of 1.67.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on DXPE. Stephens raised their target price on shares of DXP Enterprises from $65.00 to $75.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. StockNews.com cut shares of DXP Enterprises from a "buy" rating to a "hold" rating in a research note on Friday, December 20th.
View Our Latest Stock Report on DXPE
Insider Activity
In other DXP Enterprises news, insider Christopher T. Gregory sold 1,000 shares of the company's stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $73.10, for a total value of $73,100.00. Following the transaction, the insider now owns 29,606 shares of the company's stock, valued at $2,164,198.60. This represents a 3.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 22.40% of the company's stock.
About DXP Enterprises
(
Get Free Report)
DXP Enterprises, Inc, together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS).
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