DXP Enterprises (NASDAQ:DXPE) is scheduled to release its earnings data after the market closes on Thursday, March 7th. Analysts expect DXP Enterprises to post earnings of $0.40 per share for the quarter.
NASDAQ:DXPE opened at $33.33 on Wednesday. The firm has a market capitalization of $647.81 million, a P/E ratio of 38.76 and a beta of 2.44. DXP Enterprises has a 12-month low of $26.95 and a 12-month high of $49.50. The company has a quick ratio of 1.80, a current ratio of 2.65 and a debt-to-equity ratio of 0.80.
DXPE has been the subject of a number of recent research reports. Zacks Investment Research upgraded DXP Enterprises from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a report on Thursday, February 7th. BidaskClub upgraded DXP Enterprises from a “strong sell” rating to a “sell” rating in a report on Wednesday, February 20th. Stephens reiterated a “buy” rating and issued a $49.00 target price on shares of DXP Enterprises in a report on Wednesday, November 14th. Sidoti decreased their target price on DXP Enterprises from $61.00 to $52.00 and set a “buy” rating for the company in a report on Tuesday, February 26th. Finally, ValuEngine lowered DXP Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, December 15th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $46.33.
About DXP Enterprises
DXP Enterprises, Inc engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services to energy and industrial customers in the United States. It operates through three segments: Service Centers, Supply Chain Services, and Innovative Pumping Solutions. The Service Centers segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services.
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