Check out these key findings about DXP Enterprises, Inc (DXPE)

With 90734.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.11 million shares. During the session, the Industrial Distribution company that operates in wider Industrials sector, reached to the highest price of $74.2956 whereas the lowest price it dropped to was $72.43. The 52-week range on DXPE shows that it touched its highest point at $73.76 and its lowest point at $28.82 during that stretch. It currently has a 1-year price target of $75.00. Beta for the stock currently stands at 1.70.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DXPE was up-trending over the past week, with a rise of 7.08%, but this was up by 47.63% over a month. Three-month performance surged to 33.35% while six-month performance rose 48.56%. The stock gained 149.85% in the past year, while it has gained 116.41% so far this year. A look at the trailing 12-month EPS for DXPE yields 3.88 with Next year EPS estimates of 4.31. For the next quarter, that number is 0.89. This implies an EPS growth rate of -0.49% for this year and 5.90% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 14.93%.

Float and Shares Shorts:

At present, 16.18 million DXPE shares are outstanding with a float of 12.73 million shares on hand for trading. On 2024-11-15, short shares totaled 0.55 million, which was 352.0 higher than short shares on 1728950400. In addition to Mr. David R. Little as the firm’s Chairman of the Board, President & CEO, Mr. Nicholas Little serves as its Senior VP & COO.

Institutional Ownership:

Through their ownership of 0.7772 of DXPE’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, DXPE reported revenue of $472935000.0 and operating income of $39608000.0. The EBITDA in the recently reported quarter was $48853000.0 and diluted EPS was $1.27.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With DXPE analysts setting a high price target of 75.0 and a low target of 75.0, the average target price over the next 12 months is 75.0. Based on these targets, DXPE could surge 2.84% to reach the target high and rise by 2.84% to reach the target low. Reaching the average price target will result in a growth of 2.84% from current levels.

Analysts have provided yearly estimates in a range of $4.07 being high and $4.07 being low. For DXPE, this leads to a yearly average estimate of $4.07. The surprise factor in the prior quarter was $0.8. Based on analyst estimates, the high estimate for the next quarter is $0.96 and the low estimate is $0.96. The average estimate for the next quarter is thus $0.96.