DXP Enterprises, Inc (NASDAQ:DXPE) price on Friday, March 21, fall -0.84% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $87.00.
A look at the stock’s price movement, the close in the last trading session was $87.74, moving within a range at $84.705 and $87.14. The beta value (5-Year monthly) was 1.661 while the PE ratio in trailing twelve months stood at 20.57. Turning to its 52-week performance, $107.06 and $43.25 were the 52-week high and 52-week low respectively. Overall, DXPE moved -8.34% over the past month.
DXP Enterprises, Inc’s market cap currently stands at around $1.37 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-05.
Analysts have a consensus estimate of 477M for the company’s revenue for the quarter, with a low and high estimate of 477M and 477M respectively. The average forecast suggests up to a 15.60% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.98B, representing a 9.82% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DXPE is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
DXPE’s current price about 2.43% and -7.25% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.93, while 7-day volatility ratio is 4.08% and 5.69% in the 30-day chart. Further, DXP Enterprises, Inc (DXPE) has a beta value of 1.27, and an average true range (ATR) of 4.72.
If we refocus on DXP Enterprises, Inc (NASDAQ:DXPE), historical trading data shows that trading volumes averaged 0.19 over the past 10 days and 244.85K over the past 3 months. The company’s latest data on shares outstanding shows there are 15.70 million shares.
The 19.00% of DXP Enterprises, Inc’s shares are in the hands of company insiders while institutional holders own 75.53% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.57 million on 2025-02-28, giving us a short ratio of 2.58. The data shows that as of 2025-02-28 short interest in DXP Enterprises, Inc (DXPE) stood at 572.0 of shares outstanding, with shares short falling to 0.66 million registered in 2025-01-31. Current price change has pushed the stock 5.31% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DXPE stock continues to rise going into the next quarter.
