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NASDAQ:DXPE

DXP Enterprises (DXPE) Stock Price, News & Analysis

DXP Enterprises logo
$68.11 -0.34 (-0.50%)
(As of 11/20/2024 ET)

About DXP Enterprises Stock (NASDAQ:DXPE)

Key Stats

Today's Range
$67.31
$68.34
50-Day Range
$48.51
$71.89
52-Week Range
$28.82
$73.75
Volume
68,594 shs
Average Volume
131,826 shs
Market Capitalization
$1.07 billion
P/E Ratio
17.55
Dividend Yield
N/A
Price Target
$75.00
Consensus Rating
Buy

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.

DXP Enterprises Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
65th Percentile Overall Score

DXPE MarketRank™: 

DXP Enterprises scored higher than 65% of companies evaluated by MarketBeat, and ranked 106th 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.

  • 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.

  • Read more about DXP Enterprises' stock forecast and price target.
  • Earnings Growth

    Earnings for DXP Enterprises are expected to grow by 8.43% in the coming year, from $3.56 to $3.86 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of DXP Enterprises is 17.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of DXP Enterprises is 17.55, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.31.

  • Price to Book Value per Share Ratio

    DXP Enterprises has a P/B Ratio of 2.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about DXP Enterprises' valuation and earnings.
  • Percentage of Shares Shorted

    3.57% 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 4.3.
  • Change versus previous month

    Short interest in DXP Enterprises has recently decreased by 14.32%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    DXP Enterprises does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    3.57% 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 4.3.
  • Change versus previous month

    Short interest in DXP Enterprises has recently decreased by 14.32%, indicating that investor sentiment is improving significantly.
  • MarketBeat Follows

    Only 1 people have added DXP Enterprises to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • 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 $106,420.00 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.

  • Read more about DXP Enterprises' insider trading history.
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DXPE Stock News Headlines

DXP Enterprises Reports Robust Q3 2024 Results
2025 AI Stock Picks: 2 Hidden Gems Under $10/Share
The AI sector continues to make waves as we move into 2025, and now is a prime opportunity to get involved—without stretching your budget! We’ve just uncovered 2 promising AI stocks trading for under $10/share, and they’re positioned for impressive growth in the coming months.
DXP Enterprises price target raised to $75 from $65 at Stephens
DXP Enterprises Completes Two Acquisitions
See More Headlines

DXPE Stock Analysis - Frequently Asked Questions

DXP Enterprises' stock was trading at $33.70 on January 1st, 2024. Since then, DXPE shares have increased by 102.1% and is now trading at $68.11.
View the best growth stocks for 2024 here
.

DXP Enterprises, Inc. (NASDAQ:DXPE) issued its quarterly earnings data on Monday, November, 4th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, beating 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%.

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

DXP Enterprises' top institutional investors 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, David C Vinson and Christopher T Gregory.
View institutional ownership trends
.

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.

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
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/06/2025

Industry, Sector and Symbol

Industry
Industrial machinery & equipment
Sub-Industry
Trading Companies & Distributors
Current Symbol
NASDAQ:DXPE
CUSIP
23337740
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
+10.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$68.81 million
Pretax Margin
4.43%

Debt

Sales & Book Value

Annual Sales
$1.74 billion
Cash Flow
$6.44 per share
Book Value
$23.54 per share

Miscellaneous

Free Float
12,179,000
Market Cap
$1.07 billion
Optionable
Optionable
Beta
1.60

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This page (NASDAQ:DXPE) was last updated on 11/21/2024 by MarketBeat.com Staff
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