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DXP Enterprises (DXPE) Stock Sinks As Market Gains: Here's Why
DXPEDXP Enterprises(DXPE) ZACKS·2025-01-28 23:56

Group 1 - DXP Enterprises (DXPE) ended the recent trading session at $98.97, showing a -1.89% change from the previous day's closing price, underperforming compared to the S&P 500's daily gain of 0.92% [1] - Over the past month, shares of DXP Enterprises have gained 22.9%, significantly outperforming the Industrial Products sector's gain of 3.83% and the S&P 500's gain of 0.81% [1] Group 2 - Analysts and investors are closely monitoring DXP Enterprises ahead of its upcoming earnings disclosure, with recent changes in analyst estimates indicating a favorable outlook on the company's business health and profitability [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [4] Group 3 - DXP Enterprises has a Forward P/E ratio of 23.41, which is lower than the industry average Forward P/E of 23.86, indicating that DXP Enterprises is trading at a discount compared to its peers [5] - The Manufacturing - General Industrial industry, which includes DXP Enterprises, currently ranks in the bottom 28% of all industries, with a Zacks Industry Rank of 182 [5][6]