DXP Enterprises (DXPE) Given Daily Media Sentiment Rating of 0.03
Press coverage about DXP Enterprises (NASDAQ:DXPE) has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. DXP Enterprises earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 47.8829296657532 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of research analysts recently weighed in on DXPE shares. Zacks Investment Research raised DXP Enterprises from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Thursday, July 27th. BidaskClub lowered DXP Enterprises from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $42.00.
DXP Enterprises (NASDAQ DXPE) opened at $25.79 on Friday. DXP Enterprises has a 52-week low of $24.86 and a 52-week high of $42.00. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.79 and a current ratio of 2.51. The firm has a market capitalization of $448.53, a P/E ratio of 26.92 and a beta of 2.72.
DXP Enterprises (NASDAQ:DXPE) last issued its earnings results on Thursday, November 2nd. The industrial products company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.06). DXP Enterprises had a net margin of 1.83% and a return on equity of 6.87%. The business had revenue of $251.90 million for the quarter, compared to analysts’ expectations of $250.42 million. During the same quarter in the prior year, the business posted $0.02 earnings per share. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. equities analysts forecast that DXP Enterprises will post 0.72 earnings per share for the current year.
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DXP Enterprises Company Profile
DXP Enterprises, Inc (DXP) is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers. The Company operates through three segments: Service Centers, Supply Chain Services and Innovative Pumping Solutions. The Service Centers segment provides MRO products, equipment and services, including technical expertise and logistics capabilities to industrial customers.
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