News articles about DXP Enterprises (NASDAQ:DXPE) have been trending somewhat negative recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. DXP Enterprises earned a media sentiment score of -0.02 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 47.9758359028898 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- FY2017 EPS Estimates for DXP Enterprises, Inc. (DXPE) Cut by Analyst (americanbankingnews.com)
- DXP Enterprises, Inc. – Value Analysis (NASDAQ:DXPE) : November 8, 2017 (finance.yahoo.com)
- DXP Enterprises, Inc. breached its 50 day moving average in a Bearish Manner : DXPE-US : November 8, 2017 (finance.yahoo.com)
- DXP Enterprises misses 3Q profit forecasts (finance.yahoo.com)
- DXP Enterprises, Inc. breached its 50 day moving average in a Bearish Manner : DXPE-US : November 6, 2017 (finance.yahoo.com)
Several equities research analysts have recently issued reports on DXPE shares. BidaskClub downgraded shares of DXP Enterprises from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Zacks Investment Research downgraded shares of DXP Enterprises from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $42.00.
Shares of DXP Enterprises (NASDAQ DXPE) opened at $26.61 on Friday. DXP Enterprises has a 52 week low of $24.00 and a 52 week high of $42.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.56 and a current ratio of 0.82. The firm has a market cap of $462.80, a price-to-earnings ratio of 27.15 and a beta of 2.73.
DXP Enterprises (NASDAQ:DXPE) last posted its quarterly earnings results on Thursday, November 2nd. The industrial products company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.06). DXP Enterprises had a return on equity of 6.92% and a net margin of 1.83%. The business had revenue of $251.90 million for the quarter, compared to analyst estimates of $250.42 million. During the same quarter in the prior year, the firm earned $0.02 EPS. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. equities analysts forecast that DXP Enterprises will post 0.72 EPS for the current fiscal year.
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About DXP Enterprises
DXP Enterprises, Inc (DXP) is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers. The Company operates through three segments: Service Centers, Supply Chain Services and Innovative Pumping Solutions. The Service Centers segment provides MRO products, equipment and services, including technical expertise and logistics capabilities to industrial customers.
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