DXP Enterprises, Inc. (DXPE)

NASDAQ: DXPE · IEX Real-Time Price · USD
50.47
+0.32 (0.64%)
Apr 19, 2024, 4:00 PM EDT - Market closed
0.64%
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]

Sector Industrials
IPO Date Dec 27, 1996
Employees 2,837
Stock Exchange NASDAQ
Ticker Symbol DXPE
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for DXPE stock is "Buy" and the 12-month stock price forecast is $55.0.

Price Target
$55.0
(8.98% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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 ...

6 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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...

11 months ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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.

1 year ago - Business Wire

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...

1 year ago - Business Wire