DXP Enterprises, Inc. (DXPE)
Market Cap | 816.62M |
Revenue (ttm) | 1.68B |
Net Income (ttm) | 68.72M |
Shares Out | 16.18M |
EPS (ttm) | 3.89 |
PE Ratio | 12.88 |
Forward PE | 13.76 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 69,870 |
Open | 49.84 |
Previous Close | 50.15 |
Day's Range | 49.57 - 51.30 |
52-Week Range | 22.06 - 57.38 |
Beta | 1.72 |
Analysts | Buy |
Price Target | 55.00 (+8.98%) |
Earnings Date | May 8, 2024 |
About DXPE
DXP Enterprises, Inc., together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS). The SC segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services. It offers a range of MRO products in the rotating equipment, bearing, power transmission, hose, fluid power, m... [Read more]
Financial Performance
In 2023, DXPE's revenue was $1.68 billion, an increase of 13.36% compared to the previous year's $1.48 billion. Earnings were $68.72 million, an increase of 42.98%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for DXPE stock is "Buy" and the 12-month stock price forecast is $55.0.
News
DXP Enterprises Reports Fourth Quarter and Fiscal 2023 Results
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023. The following are results for the three...
DXP Enterprises, Inc. Announces Acquisition of Pro-Seal, Inc.
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Pro-Seal, Inc. (“Pro-Seal”). Founded in 1987, Pro-Seal is headquartered in Ponti...
DXP Sets Date for 2023 Fourth Quarter and Year End Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every i...
DXP Enterprises, Inc. Announces Acquisition of Kappe Associates, Inc.
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Kappe Associates, Inc. (“Kappe”). Founded in 1946, Kappe is headquartered in Fre...
DXP Enterprises, Inc. Completes Strategic Acquisition
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Hennesy Mechanical Sales LLC. DXP funded the acquisitions with cash on the bala...
DXP Enterprises, Inc. Reports Third Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (the "Company" or "DXPE") (NASDAQ: DXPE) today announced financial results for the third quarter ended September 30, 2023. The following are results for...
DXP Sets Date for 2023 Third Quarter Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every i...
DXP Enterprises, Inc. Completes Acquisition of Alliance Pump & Mechanical Service, Inc.
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced the completion of the acquisition of Alliance Pump & Mechanical Service, Inc (“Alliance”), a leading municipal and indust...
DXP Enterprises, Inc. Refinances Existing Debt and Raises an Incremental $125M to Drive Acquisition Growth
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has closed on refinancing existing Senior Secured Term Loan B (“TLB”) borrowings and raising an incremental $125 ...
DXP Enterprises, Inc. Reports Second Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the second quarter ended June 30, 2023. The following are results for the three months ended June 3...
DXP Sets Date for 2023 Second Quarter Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every i...
DXP Enterprises, Inc. Appoints David Molero Chief Accounting Officer
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that David Molero has been appointed as DXP's new Chief Accounting Officer, effective May 22, 2023. Mr. Molero is a certi...
DXP Enterprises, Inc. Reports First Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the first quarter ended March 31, 2023. The following are results for the three months ended March ...
DXP Sets Date for 2023 First Quarter Results and Earnings Call
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every i...
DXP Enterprises Provides Update on Fiscal 2023 Q1 Financial Performance
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE), is pleased to provide shareholders with a preannouncement of DXP's financial performance for the first quarter ending March 31, 2023, wh...
DXP Enterprises, Inc. to Reschedule First Quarter 2023 Earnings Release
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE), today announced it will reschedule its first quarter 2023 earnings release and conference call previously scheduled for May 10, 2023. The...
DXP Sets Date for 2023 First Quarter Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every i...
DXP Enterprises, Inc. Completes Two Acquisitions
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Riordan Materials Corporation (“Riordan”) and Florida Valve & Equipment Corp. a...
DXP Enterprises Reports Fourth Quarter and Fiscal 2022 Results
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022. The following are results for the three...
DXP Enterprises Announces Receipt of Notice From Nasdaq Regarding Late Filing of Annual Report on Form 10-K
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE): DXP Enterprises, Inc. (the “Company”) today announced that it has received a written notice (the “Notice”) on April 3, 2023, from the Li...
DXP Enterprises Provides Update on Fiscal 2022 Financial Performance
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE), is pleased to provide shareholders with a preannouncement of DXP's financial performance for the fiscal year ending December 31, 2022, w...
DXP Enterprises, Inc. Announces New Share Repurchase Program
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that its Board of Directors authorized a new stock repurchase program (the “program”) under which up to $85.0 million o...
DXP Enterprises, Inc. Announces Raising an Incremental $105M In Term Loan B Borrowings
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has closed on raising incremental $105 million Senior Secured Term Loan B (“TLB”) borrowings that will be added...
DXP Enterprises Reports Third Quarter 2022 Results
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the third quarter ended September 30, 2022.
DXP Sets Date for 2022 Third Quarter Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every i...