Alert: Positive Investment/Fundamental Signals (4/1/24)-DXP Enterprises Inc (NASDAQ: DXPE)


DXP Enterprises Inc (NASDAQ: DXPE) has benefited from extremely important positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.

Recent notable positive changes in investment behavior have benefitted DXP Enterprises Inc (NASDAQ: DXPE): positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, DXPE is expected to continue to be an important Value Builder.

DXP Enterprises has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. DXP Enterprises has a neutral Appreciation Score of 50 but a good Power Rating of 76, leading to the High Neutral Value Trend Rating.

Recent Price Action

DXP Enterprises Inc (NASDAQ: DXPE) stock closed at $53.71 on 4/1/24 after a slight decline of -0.04%. NORMAL trading volume accompanied the decline. The stock has risen 0.9% during the last week and has been strong relative to the market over the last nine months.

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