DXP Enterprises, Inc (NASDAQ: DXPE) is 2.58% higher on its value in year-to-date trading and has touched a low of $30.08 and a high of $86.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DXPE stock was last observed hovering at around $81.31 in the last trading session, with the day’s gains setting it 3.44%.
Currently trading at $84.75, the stock is 4.26% and 16.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.38 million and changing 4.23% at the moment leaves the stock 51.00% off its SMA200. DXPE registered 169.30% gain for a year compared to 6-month gain of 92.00%. The firm has a 50-day simple moving average (SMA 50) of $72.6688 and a 200-day simple moving average (SMA200) of $56.12435.
The stock witnessed a 10.09% loss in the last 1 month and extending the period to 3 months gives it a 61.09%, and is 2.58% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.97% over the week and 3.86% over the month.
DXP Enterprises, Inc (DXPE) has around 2837 employees, a market worth around $1.33B and $1.74B in sales. Current P/E ratio is 21.85 and Fwd P/E is 19.66. Profit margin for the company is 3.74%. Distance from 52-week low is 181.75% and -2.18% from its 52-week high. The company has generated returns on investments over the last 12 months (6.80%).
with sales reaching $447M over the same period.The EPS is expected to shrink by -0.49% this year, but quarterly earnings will post 5.92% year-over-year. Quarterly sales are estimated to grow 9.82% in year-over-year returns.
241.0 institutions hold shares in DXP Enterprises, Inc (DXPE), with institutional investors hold 95.91% of the company’s shares. The shares outstanding are 15.69M, and float is at 12.72M with Short Float at 5.45%. Institutions hold 77.84% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.04 million shares valued at $93.49 million. The investor’s holdings represent 12.6457 of the DXPE Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 1.13 million shares valued at $51.84 million to account for 7.0126 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.02 million shares representing 6.316 and valued at over $46.69 million, while PACER ADVISORS, INC. holds 4.4361 of the shares totaling 0.72 million with a market value of $32.8 million.
DXP Enterprises, Inc (DXPE) Insider Activity
The most recent transaction is an insider sale by Gregory Christopher T, the company’s CIO. SEC filings show that Gregory Christopher T sold 1,000 shares of the company’s common stock on Dec 03 ’24 at a price of $73.10 per share for a total of $73096.0. Following the sale, the insider now owns 29606.0 shares.
Still, SEC filings show that on Sep 20 ’24, Gregory Christopher T (Officer) Proposed Sale 2,000 shares at an average price of $53.89 for $0.11 million. The insider now directly holds shares of DXP Enterprises, Inc (DXPE).
