DXP Enterprises (NASDAQ:DXPE - Get Free Report) announced its earnings results on Monday. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.48, RTT News reports. The business had revenue of $472.94 million during the quarter. DXP Enterprises had a net margin of 3.57% and a return on equity of 17.22%. During the same quarter last year, the business earned $0.93 EPS.
DXP Enterprises Price Performance
Shares of NASDAQ DXPE traded up $10.67 during mid-day trading on Tuesday, hitting $61.59. 218,472 shares of the stock were exchanged, compared to its average volume of 103,934. DXP Enterprises has a twelve month low of $28.82 and a twelve month high of $62.56. The stock's fifty day simple moving average is $51.63 and its two-hundred day simple moving average is $50.15. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.92 and a current ratio of 2.39. The company has a market cap of $972.51 million, a P/E ratio of 16.76 and a beta of 1.60.
Insider Transactions at DXP Enterprises
In other DXP Enterprises news, CMO Paz Maestas sold 2,500 shares of DXP Enterprises stock in a transaction on Friday, August 16th. The stock was sold at an average price of $49.00, for a total value of $122,500.00. Following the completion of the transaction, the chief marketing officer now owns 619,367 shares in the company, valued at approximately $30,348,983. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 22.40% of the stock is owned by company insiders.
DXP Enterprises Company Profile
(
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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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