In the latest trading session, DXP Enterprises (DXPE) closed at $54.86, marking a +0.31% move from the previous day. This move lagged the S&P 500's daily gain of 0.77%. Elsewhere, the Dow saw an upswing of 0.47%, while the tech-heavy Nasdaq appreciated by 0.87%. The industrial products supplier's shares have seen an increase of 9.62% over the last month, surpassing the Industrial Products sector's gain of 8.52% and the S&P 500's gain of 4.87%. Investors will be eagerly watching for the performance of DXP En ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate re ...

The most recent trading session ended with DXP Enterprises (DXPE) standing at $53.36, reflecting a +0.87% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.42% for the day. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq added 0.38%. Shares of the industrial products supplier have depreciated by 3.82% over the course of the past month, underperforming the Industrial Products sector's gain of 6.17% and the S&P 500's gain of 2.06%. Invest ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 26th: DXP Enterprises, Inc. (DXPE) : This company that engages in distributing maintenance, repair, and operating products, equipment, and services to industrial customers has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.7% over the last 60 days. DXP's shares gained 14.5% over the last three months compared with the S&P 500's advance of ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate re ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a ...

DXP Enterprises, Inc. (NASDAQ:DXPE) Q2 2024 Earnings Conference Call August 9, 2024 11:30 AM ET Company Participants Kent Yee - Chief Financial Officer David Little - Chairman & Chief Executive Officer Conference Call Participants Max Kane - Stephens Operator Thank you for standing by. My name is John, and I'll be your conference operator today. At this time, I would like to welcome everyone to the DXP Enterprise's Second Quarter 2024 Earnings Release and Conference Call. All lines have been placed in mute ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from __________ to __________ Commission file number 0-21513 DXP Enterprises, Inc. (Exact name of registrant as specified in its charter) Texas 76-0509661 (State ...

NEWS RELEASE CONTACT: Kent Yee Senior Vice President, CFO 713-996-4700 www.dxpe.com DXP ENTERPRISES, INC. REPORTS SECOND QUARTER 2024 RESULTS • $49.9 million in cash • $445.6 million in sales, an 8.0 percent sequential and 4.1 percent year-over-year increase • GAAP diluted EPS of $1.00 • $48.2 million in earnings before interest, taxes, depreciation & amortization and other non-cash charges ("Adjusted EBITDA") • Free Cash Flow of $30.0 million for the six months ended June 30, 2024 • Completed four acquisit ...