DXP Enterprises (DXPE) Given Coverage Optimism Score of 0.04

News articles about DXP Enterprises (NASDAQ:DXPE) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DXP Enterprises earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 47.5506649823712 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of DXP Enterprises (NASDAQ DXPE) opened at $27.37 on Friday. DXP Enterprises has a 12 month low of $24.86 and a 12 month high of $42.00. The company has a market capitalization of $468.36, a PE ratio of 27.48 and a beta of 2.65. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.79 and a current ratio of 2.51.

DXP Enterprises (NASDAQ:DXPE) last announced its quarterly earnings results on Thursday, November 2nd. The industrial products company reported $0.16 EPS for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.06). The firm had revenue of $251.90 million for the quarter, compared to analyst estimates of $250.42 million. DXP Enterprises had a net margin of 1.83% and a return on equity of 6.87%. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.02 earnings per share. sell-side analysts anticipate that DXP Enterprises will post 0.72 EPS for the current fiscal year.

Separately, Zacks Investment Research cut DXP Enterprises from a “buy” rating to a “hold” rating in a research report on Tuesday, September 26th. Two analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $42.00.

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About DXP Enterprises

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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