DXP Enterprises (DXPE) Expected to Announce Earnings on Thursday

DXP Enterprises (NASDAQ:DXPE) is expected to release its earnings data before the market opens on Thursday, March 6th. Analysts expect DXP Enterprises to post earnings of $0.89 per share and revenue of $447.00 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

DXP Enterprises Stock Performance

DXP Enterprises stock opened at $81.82 on Wednesday. The company has a quick ratio of 1.78, a current ratio of 2.22 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $1.28 billion, a PE ratio of 21.09 and a beta of 1.67. The firm has a fifty day simple moving average of $94.50 and a two-hundred day simple moving average of $72.32. DXP Enterprises has a twelve month low of $35.06 and a twelve month high of $107.06.

Analyst Upgrades and Downgrades

Several research firms have weighed in on DXPE. Stephens boosted their price target on shares of DXP Enterprises from $65.00 to $75.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. StockNews.com downgraded shares of DXP Enterprises from a “buy” rating to a “hold” rating in a research note on Friday, December 20th.

DXP Enterprises Company Profile

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).