News coverage about DXP Enterprises (NASDAQ:DXPE) has trended somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. DXP Enterprises earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 46.0201628909045 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several research analysts recently issued reports on the company. Stephens set a $48.00 price objective on DXP Enterprises and gave the stock a “buy” rating in a research report on Wednesday, March 21st. BidaskClub upgraded DXP Enterprises from a “hold” rating to a “buy” rating in a research report on Tuesday, March 27th. Finally, Zacks Investment Research upgraded DXP Enterprises from a “hold” rating to a “strong-buy” rating and set a $48.00 price objective for the company in a research report on Friday, March 23rd. One analyst has rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $48.33.
Shares of DXP Enterprises stock traded up $0.36 during trading on Thursday, hitting $36.96. 12,806 shares of the company were exchanged, compared to its average volume of 123,192. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.55 and a quick ratio of 1.81. DXP Enterprises has a fifty-two week low of $24.86 and a fifty-two week high of $43.21. The company has a market capitalization of $641.21, a P/E ratio of 42.98 and a beta of 2.26.
DXP Enterprises Company Profile
DXP Enterprises, Inc engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services to energy and industrial customers in the United States. It operates through three segments: Service Centers, Supply Chain Services, and Innovative Pumping Solutions. The Service Centers segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services.
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