DXP Enterprises (DXPE) Projected to Post Quarterly Earnings on Thursday

DXP Enterprises (NASDAQ:DXPE) will likely be issuing its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.89 per share and revenue of $447.00 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

DXP Enterprises Stock Performance

NASDAQ:DXPE opened at $86.36 on Tuesday. The firm’s 50 day moving average is $94.50 and its two-hundred day moving average is $72.09. DXP Enterprises has a fifty-two week low of $35.06 and a fifty-two week high of $107.06. 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 cap of $1.36 billion, a P/E ratio of 22.26 and a beta of 1.67.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Stephens raised their target price on shares of DXP Enterprises from $65.00 to $75.00 and gave the company 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).