Should I buy or sell DXP Enterprises stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DXP Enterprises in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DXPE shares. View DXPE analyst ratings or view top-rated stocks .

What is DXP Enterprises' stock price target for 2024?

1 analysts have issued 12 month target prices for DXP Enterprises' shares. Their DXPE share price targets range from $55.00 to $55.00. On average, they predict the company's share price to reach $55.00 in the next year. This suggests a possible upside of 9.7% from the stock's current price. View analysts price targets for DXPE or view top-rated stocks among Wall Street analysts .

How have DXPE shares performed in 2024?

DXP Enterprises' stock was trading at $33.70 at the beginning of 2024. Since then, DXPE stock has increased by 48.8% and is now trading at $50.15. View the best growth stocks for 2024 here .

When is DXP Enterprises' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our DXPE earnings forecast .

How were DXP Enterprises' earnings last quarter?

DXP Enterprises, Inc. (NASDAQ:DXPE) issued its quarterly earnings results on Thursday, March, 7th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter. The industrial products company earned $407.04 million during the quarter. DXP Enterprises had a trailing twelve-month return on equity of 19.30% and a net margin of 4.10%. During the same period in the previous year, the company posted $0.50 earnings per share.

What ETFs hold DXP Enterprises' stock?

ETFs with the largest weight of DXP Enterprises (NASDAQ:DXPE) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM) and Invesco S&P SmallCap 600 Pure Value ETF (RZV) . First Trust Dow Jones Select Microcap Index Fund (FDM) .

What is David R. Little's approval rating as DXP Enterprises' CEO?

108 employees have rated DXP Enterprises Chief Executive Officer David R. Little on Glassdoor.com . David R. Little has an approval rating of 62% among the company's employees. This puts David R. Little in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of DXP Enterprises own?

Based on aggregate information from My MarketBeat watchlists, some companies that other DXP Enterprises investors own include Actinium Pharmaceuticals (ATNM) , Delcath Systems (DCTHD) , General Electric (GE) , Gilead Sciences (GILD) , Pfizer (PFE) , Seadrill (SDRL) , Exelixis (EXEL) , General Motors (GM) , Groupon (GRPN) and KeyCorp (KEY) .

Who are DXP Enterprises' major shareholders?

DXP Enterprises' stock is owned by a variety of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.33%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Christopher T Gregory , David C Vinson, David R Little , Kent Nee Hung Yee , Paz Maestas and Todd Hamlin. 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 .

Does DXP Enterprises have any subsidiaries?

The following companies are subsidiares of DXP Enterprises: Alaska Pump & Supply Inc, Application Specialties Inc, Austin and Denholm Industrial Sales Alberta, B27 LLC, Best Equipment Service and Sales Company LLC, Best Holdings LLC, Cortech Engineering, DXP Canada Enterprises Ltd., DXP Holdings Inc., HSE Integrated Ltd, IPS, Integrated Flow Solutions LLC, Jerzy Supply, Machinery Tooling & Supply LLC, Natpro, PMI Investment LLC, PMI Operating Company Ltd., Pump – PMI LLC, Tool Supply, Tool-Tech Industrial Machine & Supply, Tucker Tool Co., and Turbo Machinery Repair Inc. Read More

NASDAQ:DXPE

DXP Enterprises (DXPE) Stock Price, News & Analysis

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$50.15

-0.33 (-0.65%)

(As of 04/18/2024 ET)

Compare

Today's Range: $49.98
▼
$51.56
50-Day Range: $33.00
▼
$56.49
52-Week Range: $22.06
▼
$57.38

Volume: 77,040 shs
Average Volume: 80,369 shs
Market Capitalization: $811.43 million

P/E Ratio: 12.93
Dividend Yield: N/A
Price Target: $55.00

Get DXP Enterprises alerts:

DXP Enterprises MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 9.7% Upside
$55.00 Price Target
Short Interest: Healthy
4.72% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$491,400 Sold Last Quarter
Proj. Earnings Growth: 11.76%
From $3.57 to $3.99 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.32 out of 5 stars

Industrial Products Sector

116th out of 163 stocks

Industrial Machinery & Equipment Industry

4th out of 4 stocks

1.5

Analyst's Opinion

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 received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.72% 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 7.7.
Change versus previous month
Short interest in DXP Enterprises has recently decreased by 1.06%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
DXP Enterprises does not currently pay a dividend.
Dividend Growth
DXP Enterprises does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DXPE.

2.3

News and Social Media Coverage

News Sentiment
DXP Enterprises has a news sentiment score of 0.22. 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 lower news sentiment than the 0.60 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 1 news article for DXP Enterprises this week, compared to 2 articles on an average week.
Search Interest
3 people have searched for DXPE on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
6 people have added DXP Enterprises to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

4.2

Company Ownership

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 $491,400.00 in company stock.
Percentage Held by Insiders
22.10% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for DXP Enterprises are expected to grow by 11.76% in the coming year, from $3.57 to $3.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DXP Enterprises is 12.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of DXP Enterprises is 12.93, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.29.
Price to Book Value per Share Ratio
DXP Enterprises has a P/B Ratio of 2.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About DXP Enterprises Stock (NASDAQ:DXPE)

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.

DXPE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DXPE Stock News Headlines

March 19, 2024 | insidertrades.com

DXP Enterprises, Inc. (NASDAQ:DXPE) CMO Paz Maestas Sells 10,000 Shares

April 4, 2024 | seekingalpha.com

DXP Enterprises: The Upside Potential Is Starting To Look Limited (Rating Downgrade)

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March 28, 2024 | tmcnet.com

FlexPath DXP Creates First-Ever Credit Prequalification with Just a Phone Number - Files Patent

March 22, 2024 | finance.yahoo.com

Institutional investors have a lot riding on DXP Enterprises, Inc. (NASDAQ:DXPE) with 71% ownership

March 20, 2024 | finance.yahoo.com

DXPE Apr 2024 50.000 put

March 15, 2024 | finance.yahoo.com

DXP Enterprises (DXPE) Stock Moves -0.39%: What You Should Know

March 8, 2024 | finance.yahoo.com

Q4 2023 DXP Enterprises Inc Earnings Call

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March 8, 2024 | finance.yahoo.com

DXP Enterprises, Inc. (NASDAQ:DXPE) Q4 2023 Earnings Call Transcript

March 8, 2024 | finance.yahoo.com

DXP Enterprises Full Year 2023 Earnings: EPS Beats Expectations

March 8, 2024 | finance.yahoo.com

DXP Enterprises Inc (DXPE) Reports Solid Fiscal 2023 Results with Notable Growth in Sales and ...

March 7, 2024 | markets.businessinsider.com

DXP Enterprises Inc. hosts conference call for investors

March 7, 2024 | benzinga.com

DXP Enterprises: Q4 Earnings Insights

March 7, 2024 | washingtonpost.com

DXP Enterprises: Q4 Earnings Snapshot

March 7, 2024 | finance.yahoo.com

DXP Enterprises Reports Fourth Quarter and Fiscal 2023 Results

March 7, 2024 | finance.yahoo.com

DXPE Aug 2024 30.000 call

March 7, 2024 | finance.yahoo.com

DXPE Mar 2024 40.000 call

March 6, 2024 | markets.businessinsider.com

DXP Enterprises earnings: here's what Wall Street expects

March 6, 2024 | benzinga.com

A Preview Of DXP Enterprises's Earnings

March 5, 2024 | businesswire.com

DXP Enterprises, Inc. Announces Acquisition of Pro-Seal, Inc.

March 4, 2024 | businesswire.com

DXP Sets Date for 2023 Fourth Quarter and Year End Earnings Release and Conference Call

February 20, 2024 | finance.yahoo.com

DXP Enterprises (DXPE) Declines More Than Market: Some Information for Investors

February 16, 2024 | finance.yahoo.com

DXPE Mar 2024 35.000 call

February 16, 2024 | investorplace.com

Contrarian Calling: 3 Undervalued Stocks Poised to Breakout by June

February 14, 2024 | finance.yahoo.com

Investors Will Want DXP Enterprises' (NASDAQ:DXPE) Growth In ROCE To Persist

February 5, 2024 | msn.com

DXP Enterprises announces acquisition of Kappe Associates

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

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: $55.00
High Stock Price Target: $55.00
Low Stock Price Target: $55.00
Potential Upside/Downside: +9.7%
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: 12.93
Forward P/E Ratio: 14.05
P/E Growth: N/A
Net Income: $68.81 million
Net Margins: 4.10%
Pretax Margin: 5.18%
Return on Equity: 19.30%
Return on Assets: 6.66%

Debt

Debt-to-Equity Ratio: 1.37
Current Ratio: 2.89
Quick Ratio: 2.43

Sales & Book Value

Annual Sales: $1.68 billion
Price / Sales: 0.48
Cash Flow: $6.24 per share
Price / Cash Flow: 8.04
Book Value: $23.54 per share
Price / Book: 2.13

Miscellaneous

Outstanding Shares: 16,180,000
Free Float: 12,604,000
Market Cap: $811.43 million
Optionable: Optionable
Beta: 1.72

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Key Executives

Mr. David R. Little (Age 72)
Chairman of the Board, President & CEO
Comp: $2.2M
Mr. Kent Yee (Age 49)
Senior VP of Corporate Development, CFO, Secretary & Director
Comp: $508.89k
Mr. Nicholas Little (Age 42)
Senior VP & COO
Comp: $510.39k
Mr. Paz Maestas (Age 44)
Senior VP and Chief Marketing & Technology Officer
Comp: $461.91k
Mr. Christopher T. Gregory (Age 48)
Senior VP, Chief Information Technology Officer & Chief Information Officer
Comp: $467.99k
Mr. David Molero Santos (Age 42)
VP & Chief Accounting Officer
Mr. David C. Vinson Sr. (Age 73)
Senior Vice President of Operations
Comp: $231.57k
Mr. John J. Jeffery (Age 56)
Senior Vice President of Supply Chain Services & Marketing
Comp: $266.65k
Mr. Wick Stephen Norbert
VP & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DXPE Stock Analysis - Frequently Asked Questions

Should I buy or sell DXP Enterprises stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DXP Enterprises in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DXPE shares.
View DXPE analyst ratings or view top-rated stocks.
What is DXP Enterprises' stock price target for 2024?: 1 analysts have issued 12 month target prices for DXP Enterprises' shares. Their DXPE share price targets range from $55.00 to $55.00. On average, they predict the company's share price to reach $55.00 in the next year. This suggests a possible upside of 9.7% from the stock's current price.
View analysts price targets for DXPE or view top-rated stocks among Wall Street analysts.
How have DXPE shares performed in 2024?: DXP Enterprises' stock was trading at $33.70 at the beginning of 2024. Since then, DXPE stock has increased by 48.8% and is now trading at $50.15.
View the best growth stocks for 2024 here.
When is DXP Enterprises' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our DXPE earnings forecast.
How were DXP Enterprises' earnings last quarter?: DXP Enterprises, Inc. (NASDAQ:DXPE) issued its quarterly earnings results on Thursday, March, 7th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter. The industrial products company earned $407.04 million during the quarter. DXP Enterprises had a trailing twelve-month return on equity of 19.30% and a net margin of 4.10%. During the same period in the previous year, the company posted $0.50 earnings per share.
What ETFs hold DXP Enterprises' stock?: ETFs with the largest weight of DXP Enterprises (NASDAQ:DXPE) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM) and Invesco S&P SmallCap 600 Pure Value ETF (RZV).First Trust Dow Jones Select Microcap Index Fund (FDM).

What is David R. Little's approval rating as DXP Enterprises' CEO?: 108 employees have rated DXP Enterprises Chief Executive Officer David R. Little on Glassdoor.com. David R. Little has an approval rating of 62% among the company's employees. This puts David R. Little in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of DXP Enterprises own?: Based on aggregate information from My MarketBeat watchlists, some companies that other DXP Enterprises investors own include Actinium Pharmaceuticals (ATNM), Delcath Systems (DCTHD), General Electric (GE), Gilead Sciences (GILD), Pfizer (PFE), Seadrill (SDRL), Exelixis (EXEL), General Motors (GM), Groupon (GRPN) and KeyCorp (KEY).
Who are DXP Enterprises' major shareholders?: DXP Enterprises' stock is owned by a variety of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.33%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Christopher T Gregory, David C Vinson, David R Little, Kent Nee Hung Yee, Paz Maestas and Todd Hamlin.
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.
Does DXP Enterprises have any subsidiaries?: The following companies are subsidiares of DXP Enterprises: Alaska Pump & Supply Inc, Application Specialties Inc, Austin and Denholm Industrial Sales Alberta, B27 LLC, Best Equipment Service and Sales Company LLC, Best Holdings LLC, Cortech Engineering, DXP Canada Enterprises Ltd., DXP Holdings Inc., HSE Integrated Ltd, IPS, Integrated Flow Solutions LLC, Jerzy Supply, Machinery Tooling & Supply LLC, Natpro, PMI Investment LLC, PMI Operating Company Ltd., Pump – PMI LLC, Tool Supply, Tool-Tech Industrial Machine & Supply, Tucker Tool Co., and Turbo Machinery Repair Inc.
Read More

This page (NASDAQ:DXPE) was last updated on 4/19/2024 by MarketBeat.com Staff

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DXP Enterprises (DXPE) Stock Price, News & Analysis

DXP Enterprises MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About DXP Enterprises Stock (NASDAQ:DXPE)

DXPE Stock Price History

DXPE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

DXPE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™