DXP Enterprises (DXPE) Stock Price, News & Analysis

Company Overview

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). The SC segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services. It offers a range of MRO products in the rotating equipment, bearing, power transmission, hose, fluid power, metal working, fastener, industrial supply, safety products, and safety services categories. This segment serves customers in the oil and gas, food and beverage, petrochemical, transportation, other general industrial, mining, construction, chemical, municipal, agriculture, and pulp and paper industries. The SCS segment manages procurement and inventory vinventory optimization and management, storeroom management, transaction consolidation and control, vendor oversight and procurement cost optimization, productivity improvement, and customized reporting services. Its programs include SmartAgreement, a procurement solution for various MRO categories; SmartBuy, an on-site or centralized MRO procurement solution; SmartSource, an on-site procurement and storeroom management solution; SmartStore, an e-Catalog solution; SmartVend, an industrial dispensing solution; and SmartServ, an integrated service pump solution. The IPS segment fabricates and assembles custom-made pump packages; remanufactures pumps; and manufactures branded private label pumps. DXP Enterprises, Inc. was founded in 1908 and is based in Houston, Texas.

Key Stats

• Today's Range: $76.49 to $80.33
• 50-Day Range: $48.51 to $80.82
• 52-Week Range: $30.08 to $82.33
• Volume: 1.55 million shs
• Average Volume: 117,827 shs
• Market Capitalization: $1.24 billion
• P/E Ratio: 20.33
• Dividend Yield: N/A
• Price Target: $75.00
• Consensus Rating: Buy

DXP Enterprises Stock Analysis - MarketRank™

DXP Enterprises scored higher than 39% of companies evaluated by MarketBeat, and ranked 130th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

DXP Enterprises has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

DXP Enterprises has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.90%

Earnings Growth

Earnings for DXP Enterprises are expected to grow by 5.90% in the coming year, from $4.07 to $4.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of DXP Enterprises is 20.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of DXP Enterprises is 20.33, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.08.

Price to Book Value per Share Ratio

DXP Enterprises has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.09% of the float of DXP Enterprises has been sold short.

Short Interest Ratio / Days to Cover

DXP Enterprises has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in DXP Enterprises has recently increased by 17.44%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

DXP Enterprises does not currently pay a dividend.

Dividend Growth

DXP Enterprises does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.09% of the float of DXP Enterprises has been sold short.

Short Interest Ratio / Days to Cover

DXP Enterprises has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in DXP Enterprises has recently increased by 17.44%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.92

News Sentiment

DXP Enterprises has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for DXP Enterprises this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for DXPE on MarketBeat in the last 30 days.

MarketBeat Follows

4 people have added DXP Enterprises to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, DXP Enterprises insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $73,100.00 in company stock.

Percentage Held by Insiders

22.40% of the stock of DXP Enterprises is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

74.82% of the stock of DXP Enterprises is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DXPE Stock Analysis - Frequently Asked Questions

How have DXPE shares performed this year?

DXP Enterprises' stock was trading at $33.70 on January 1st, 2024. Since then, DXPE stock has increased by 134.1% and is now trading at $78.88.
View the best growth stocks for 2024 here.

How were DXP Enterprises' earnings last quarter?

DXP Enterprises, Inc. (NASDAQ:DXPE) posted its earnings results on Monday, November, 4th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.48. The industrial products company had revenue of $472.94 million for the quarter. DXP Enterprises had a net margin of 3.75% and a trailing twelve-month return on equity of 18.74%.

Does DXP Enterprises have any subsidiaries?

DXP Enterprises subsidiaries include Turbo Machinery Repair Inc, Application Specialties Inc, Cortech Engineering, Tool Supply, Machinery Tooling & Supply LLC, B27 LLC, Tool-Tech Industrial Machine & Supply, and more.

Who are DXP Enterprises' major shareholders?

DXP Enterprises' top institutional shareholders include FMR LLC (4.95%), Pacer Advisors Inc. (4.72%), State Street Corp (3.32%) and Geode Capital Management LLC (1.92%). Insiders that own company stock include David R Little, Paz Maestas, Kent Nee Hung Yee, Todd Hamlin, Christopher T Gregory and David C Vinson.
View institutional ownership trends.

How do I buy shares of DXP Enterprises?

Shares of DXPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of DXP Enterprises own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DXP Enterprises investors own include American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Industrial machinery & equipment
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NASDAQ:DXPE
• CUSIP: 23337740
• CIK: 1020710
• Web: www.dxpe.com
• Phone: (713) 996-4700
• Fax: 713-996-4701
• Employees: 1,723
• Year Founded: 1908

Price Target and Rating

• Average Stock Price Target: $75.00
• High Stock Price Target: $75.00
• Low Stock Price Target: $75.00
• Potential Upside/Downside: -4.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.88
• Trailing P/E Ratio: 20.33
• Forward P/E Ratio: 19.38
• P/E Growth: N/A
• Net Income: $68.81 million
• Net Margins: 3.75%
• Pretax Margin: 4.43%
• Return on Equity: 18.74%
• Return on Assets: 6.05%

Debt

• Debt-to-Equity Ratio: 1.29
• Current Ratio: 2.22
• Quick Ratio: 1.78

Sales & Book Value

• Annual Sales: $1.74 billion
• Price / Sales: 0.71
• Cash Flow: $6.37 per share
• Price / Cash Flow: 12.38
• Book Value: $23.54 per share
• Price / Book: 3.35

Miscellaneous

• Outstanding Shares: 15,695,000
• Free Float: 12,179,000
• Market Cap: $1.24 billion
• Optionable: Optionable
• Beta: 1.70