The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outsideaudited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, DXP Enterprises possesses a Zacks Rank of #5 (Strong Sell). Market participants will be closely following the financial results of DXP Enterprises in its upcoming release. Our research reveals that these estimate ...

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Shares of the industrial products supplier have appreciated by 11.86% over the course of the past month, outperforming the Industrial Products sector's gain of 3.98% and the S&P 500's gain of 1.96%. Investors might also notice recent changes to analyst estimates ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 29: DXP Enterprises, Inc. (DXPE) : Thisindustrial distributor company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13% over the last 60 days. DXP Enterprises' shares gained 39.5% over the last three months compared with the S&P 500's advance of 0.2%. The company possesses a Momentum Score of B. Engie SA (ENGIY) : This energy company has a Zac ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, May 29: Navios Maritime Partners L.P. (NMM) : This dry bulk shipping company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days. Navios Maritime has a price-to-earnings ratio (P/E) of 3.21 compared with 11.60 for the industry. The company possesses a Value Score of A. See the full list of top ranked stocks here. Learn m ...

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is DXP Enterprises (DXPE) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. DXP Enterprises is a member of our Industrial Products group, which includes 221 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the ave ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. 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 revisions, ...

Howmet Aerospace (HWM) : This company which engages in providing engineered solutions for customers in the transportation and aerospace (both defense and commercial) industries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days. Howmet Aerospace's shares gained 31.5% over the last three month compared with the S&P 500's gain of 6.8%. The company possesses a Momentum Score of B. DXP Enterprises (DXPE) : This compan ...

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. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...

DXP Enterprises, Inc. (NASDAQ:DXPE) Q1 2024 Results Conference Call May 9, 2024 11:30 AM ET Company Participants Kent Yee - Chief Financial Officer David Little - Chairman & Chief Executive Officer Conference Call Participants Cole Couzens - Stephens Inc. Operator Thank you for standing by, and welcome to the DXP Enterprises First Quarter Earnings Call. [Operator Instructions] a reminder that this conference is being recorded. Now I would like to turn the call over to Kent Yee, Chief Financial Officer. Kent ...

DXP Enterprises (DXPE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a chang ...