DXP Enterprises(DXPE)

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Best Value Stocks to Buy for May 10th
Zacks Investment Research· 2024-05-10 13:51
Here are two stocks with buy rank and strong value characteristics for investors to consider today, May 10th: DXP Enterprises (DXPE) : This company which is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada, Mexico and Dubai, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13% over the last 60 days.DXP Enterprises has a price-to- ...
DXP Enterprises(DXPE) - 2024 Q1 - Quarterly Report
2024-05-09 18:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Texas 76-0509661 5301 Hollister, Houston, Texas 77040 (Address of principal executive offices, including zip code) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 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 ...
DXP Enterprises(DXPE) - 2024 Q1 - Quarterly Results
2024-05-09 17:08
NEWS RELEASE CONTACT: Kent Yee Senior Vice President, CFO www.dxpe.com THE INDUSTRIAL DISTRIBUTION EXPERTS DXP ENTERPRISES, INC. REPORTS FIRST QUARTER 2024 RESULTS Houston, TX – May 8, 2024 – DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the first quarter ended March 31, 2024. The following are results for the three months ended March 31, 2024, compared to the three months ended March 31, 2023 and December 31, 2023, where appropriate. A reconciliation of ...
Is DXP Enterprises (DXPE) Stock Undervalued Right Now?
Zacks Investment Research· 2024-04-22 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental a ...
Here's Why DXP Enterprises (DXPE) Fell More Than Broader Market
Zacks Investment Research· 2024-04-12 23:21
In the latest trading session, DXP Enterprises (DXPE) closed at $54.02, marking a -1.62% move from the previous day. This move lagged the S&P 500's daily loss of 1.46%. Elsewhere, the Dow lost 1.24%, while the tech-heavy Nasdaq lost 1.63%.The industrial products supplier's stock has climbed by 12.61% in the past month, exceeding the Industrial Products sector's gain of 3.91% and the S&P 500's gain of 1.6%.The investment community will be closely monitoring the performance of DXP Enterprises in its forthcomi ...
DXP Enterprises (DXPE) Upgraded to Strong Buy: Here's What You Should Know
Zacks Investment Research· 2024-04-04 17:02
DXP Enterprises (DXPE) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.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 changin ...
Should Value Investors Buy DXP Enterprises (DXPE) Stock?
Zacks Investment Research· 2024-04-04 14:41
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.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 ...
Despite Fast-paced Momentum, DXP Enterprises (DXPE) Is Still a Bargain Stock
Zacks Investment Research· 2024-04-04 13:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."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 po ...
Here's Why Momentum in DXP Enterprises (DXPE) Should Keep going
Zacks Investment Research· 2024-04-04 13:51
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.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...
DXP Enterprises (DXPE) Beats Stock Market Upswing: What Investors Need to Know
Zacks Investment Research· 2024-03-21 22:51
The latest trading session saw DXP Enterprises (DXPE) ending at $53.23, denoting a +1.95% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.32% for the day. Elsewhere, the Dow gained 0.68%, while the tech-heavy Nasdaq added 0.2%.The industrial products supplier's shares have seen an increase of 52.08% over the last month, surpassing the Industrial Products sector's gain of 7.87% and the S&P 500's gain of 5.11%.Market participants will be closely following the ...