DXP Enterprises (NASDAQ:DXPE) Stock

DXP Enterprises

DXP Enterprises Inc is a distributor of products and services to industrial customers in the United States, Canada, Mexico, and Dubai. The company's reportable segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. It generates maximum revenue from the Service Centers segment. The company offers pumping solutions, supply chain services and maintenance, repair, operating and production services for rotating equipment, bearings and power transmissions, industrial supplies and safety products. DXP Enterprises serves the General Industrial, Oil & Gas, Food & Beverage, Water & Wastewater, Chemical, Transportation, Aerospace & Other.

DXPE

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The industrials sector has been in a period of contraction for most of 2023 and 2024, with sharply mixed performance among different companies during that time. Some firms have thrived, like power management giant Eaton

3 Best Industrials Sector Picks for Long-Term Investors in 2025

DXP Enterprises Inc

Stephens &amp; Co. analyst Tommy Moll maintains DXP Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) with a Overweight and raises the price target from $65 to $75.

News

Price Target

Analyst Ratings

Stephens & Co. Maintains Overweight on DXP Enterprises, Raises Price Target to $75

U.S. stocks were higher, with the Dow Jones index gaining around 300 points on Tuesday.
Shares of Emerson Electric Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) rose sharply during Monday's session after the company reported better-than-expected fourth-quarter financial results and issued FY25 adjusted EPS guidance above estimates. Also, the company announced it increased return of capital to shareholders with plans to repurchase <a href="https://www.benzinga.com/news/earnings/24/11/41748679/emerson-electric-gains-on-q4-earnings-beat-and-fy25-growth-forecast-eyes-aspentech-buyout">approximately $2B in FY25.</a>
Net sales growth of 13% year over year to $4.62 billion, beating the consensus of $4.57 billion. Underlying sales were up 4%, and underlying orders increased by 2% in the quarter. Adjusted EPS improved 15% to $1.48, beating the consensus of $1.47.
Emerson Electric shares jumped 6.6% to $117.01 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Vimeo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMEO#NASDAQ">VMEO</a>) shares jumped 42.7% to $6.86 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance above estimates.</li>
<li>Gogo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) gained 29.3% to $8.47 after the company reported better-than-expected third-quarter financial results.</li>
<li>Astera Labs Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) rose 29.1% to $90.14 after the company reported better-than-expected third-quarter EPS and sales.</li>
<li>Aris Water Solutions Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARIS#NYSE">ARIS</a>) gained 25.8% to $20.84 following strong quarterly results.</li>
<li>Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) gained 22.4% to $50.70 after the company reported better-than-expected third-quarter financial results and issued guidance above consensus estimates.</li>
<li>UFP Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFPT#NASDAQ">UFPT</a>) rose 20.7% to $335.00 after the company reported better-than-expected third-quarter financial results.</li>
<li>Lindblad Expeditions Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIND#NASDAQ">LIND</a>) gained 20.6% to $11.28 after the company reported better-than-expected third-quarter financial results.</li>
<li>DXP Enterprises Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) gained 18.7% to $60.45 following strong quarterly results.</li>
<li>Century Aluminum Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) gained 17.7% to $20.66 following upbeat quarterly earnings.</li>
<li>Payoneer Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYO#NASDAQ">PAYO</a>) climbed 16% to $9.88 after the company reported better-than-expected quarterly EPS and sales and raised its FY24 revenue guidance.</li>
<li>Cushman &amp; Wakefield PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWK#NYSE">CWK</a>) gained 13.2% to $14.88 after the company reported better-than-expected quarterly adjusted EPS results.</li>
<li>Ingredion Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INGR#NYSE">INGR</a>) rose 12.6% to $150.97 following upbeat earnings.</li>
<li>Primoris Services Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRIM#NYSE">PRIM</a>) gained 10.5% to $71.11 following strong quarterly earnings.</li>
<li>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) rose 9.1% to $293.34.</li>
<li>Cummins Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) gained 8.7% to $353.91 after the company reported better-than-expected third-quarter financial results.</li>
<li>Nomura Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMR#NYSE">NMR</a>) rose 7.3% to $5.64 following second-quarter results.</li>
<li>Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) gained 6.8% to $149.00 after the company reported better-than-expected quarterly financial results.</li>
</ul>
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41744659/jim-cramer-says-he-cant-recommend-this-major-automaker-ceva-is-way-too-high">Jim Cramer Says He Can&#8217;t Recommend This Major Automaker, Ceva Is &#8216;Way Too High&#8217;</a></li>
</ul>

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Emerson Electric Posts Better-Than-Expected Results, Joins Palantir Technologies, DXP Enterprises, Cummins, Apollo Global Management And Other Big Stocks Moving Higher On Tuesday

<h3>Gainers</h3>
<ul>
<li>Zoomcar Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) stock moved upwards by 129.5% to $9.25 during Tuesday's regular session. The market value of their outstanding shares is at $7.0 million. </li>
<li>Aris Water Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARIS#NYSE">ARIS</a>) stock increased by 26.26% to $20.91. The market value of their outstanding shares is at $639.1 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Agrify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGFY#NASDAQ">AGFY</a>) shares rose 24.84% to $3.92. The market value of their outstanding shares is at $5.2 million. </li>
<li>Li-Cycle Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LICY#NYSE">LICY</a>) stock moved upwards by 22.71% to $3.35. The company's market cap stands at $77.7 million. </li>
<li>DXP Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) shares rose 20.64% to $61.43. The company's market cap stands at $969.9 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>WANG &amp; LEE Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLGS#NASDAQ">WLGS</a>) shares increased by 17.45% to $3.23. The market value of their outstanding shares is at $48.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>JELD-WEN Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JELD#NYSE">JELD</a>) shares declined by 28.5% to $10.11 during Tuesday's regular session. The market value of their outstanding shares is at $854.5 million. The company's, Q3 earnings came out yesterday. </li>
<li>Vast Renewables (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) stock decreased by 23.27% to $5.18. The company's market cap stands at $155.2 million. </li>
<li>Hudson Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HDSN#NASDAQ">HDSN</a>) shares decreased by 22.4% to $5.89. The market value of their outstanding shares is at $268.0 million. The company's, Q3 earnings came out yesterday. </li>
<li>Commercial Vehicle Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGI#NASDAQ">CVGI</a>) shares fell 21.76% to $2.41. The company's market cap stands at $83.1 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Hyster Yale (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HY#NYSE">HY</a>) shares declined by 18.12% to $51.33. The market value of their outstanding shares is at $898.2 million. As per the news, the Q3 earnings report came out today. </li>
<li>1847 Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#AMEX">EFSH</a>) stock declined by 15.04% to $0.25. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Tuesday's Intraday Session

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DXP Enterprises shares are trading higher after the company reported better-than-expected Q3 financial results.

DXP Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) reported quarterly earnings of $1.27 per share which beat the analyst consensus estimate of $0.95 by 33.68 percent. The company reported quarterly sales of $472.900 million which beat the analyst consensus estimate of $443.000 million by 6.75 percent. This is a 12.80 percent increase over sales of $419.249 million the same period last year.

Earnings

Earnings Beats

DXP Enterprises Q3 2024 Adj. EPS $1.27 Beats $0.95 Estimate, Sales $472.900M Beat $443.000M Estimate

DXP Enterprises Closes Refinancing Of Senior Secured Term Loan B And Raises Additional $105M, Bringing Total Borrowings To $649.5M; Reduces Borrowing Margin By 100 Basis Points; Plans To Use Proceeds For Debt Repayment, Acquisitions, And General Corporate Purposes; Maintains Flexibility To Support Accelerating Growth Strategy And Reinvestment Plans

Momentum investing is essentially an exception to the idea of &quot;buying low and selling high.&quot; Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that &quot;buying high and selling higher&quot; is the way to make far more money in lesser time.
Who doesn&#39;t like betting on fast-moving trending stocks? But determining the right entry point isn&#39;t easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score&nbsp;helps identify great momentum stocks by paying close attention to trends in a stock&#39;s price or earnings, our &#39;Fast-Paced Momentum at a Bargain&#39; screen comes handy in spotting fast-moving stocks that are still attractively priced.
DXP Enterprises (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dxpe#NASDAQ">DXPE</a>) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:
A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 0.7%, the stock of this industrial products supplier is certainly well-positioned in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. DXPE meets this criterion too, as the stock gained 2.8% over the past 12 weeks.
Moreover, the momentum for DXPE is fast paced, as the stock currently has a beta of 1.6. This indicates that the stock moves 60% higher than the market in either direction.
Given this price performance, it is no surprise that DXPE has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped DXPE earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That&#39;s because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up.
Most importantly, despite possessing fast-paced momentum features, DXPE is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. DXPE is currently trading at 0.47 times its sales. In other words, investors need to pay only 47 cents for each dollar of sales.
So, DXPE appears to have plenty of room to run, and that too at a fast pace.
<a href="https://www.zacks.com/stock/news/2336334/fast-paced-momentum-stock-dxp-enterprises-dxpe-is-still-trading-at-a-bargain?cid=CS-BENZ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2336334">To read this article on Zacks.com click here.</a>

Small Cap

Fast-Paced Momentum Stock DXP Enterprises Is Still Trading at a Bargain

<ul>
<li>Furthers and continues to scale DXP's National Water &amp; Wastewater efforts</li>
<li>Establishes presence in Texas and Oklahoma</li>
<li>Attractive Margins and Cash Flow</li>
</ul>
DXP Enterprises, Inc. (NASDAQ:<a href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) today announced that it has completed the acquisition of Hartwell Environmental Corporation ("Hartwell"). Founded in 1976, Hartwell is headquartered in Tomball, Texas and operates out of three locations servicing the Texas, Oklahoma and surrounding markets.
Hartwell is a leading manufacturer's representative of pumps, controls and process equipment focused on serving the water and wastewater industry. DXP funded the acquisition with cash from the balance sheet.

DXP Enterprises Announces Acquisition Of Hartwell Environmental Corporation; No Financial Terms Disclosed

DXP Enterprises, Inc. (NASDAQ:<a href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) today announced that its Board of Directors authorized a new stock repurchase program (the "program") under which up to $85.0 million or 2.5 million shares of its outstanding common stock may be acquired in the open market over the next 24 months at the discretion of management. This is after the successful completion of the previous program, whereby, the Company completed the repurchase of $85 million or 2.8 million shares, under the 2-year program which began in December of 2022.
The shares under the new program may be purchased from time to time at prevailing market prices, through open market or privately negotiated transactions, depending upon market conditions. There is no guarantee as to the exact number of shares that will be repurchased, and DXP may discontinue the program at any time management determines additional purchases are not warranted. As of June 30, 2024, DXP had approximately 16.7 million diluted weighted average shares outstanding.

Buybacks

DXP Enterprises Announces New Share Repurchase Program Under Which Up To $85M Or 2.5M Shares Of Its Outstanding Common Stock May Be Acquired In The Open Market Over The Next 2 Years

DXP Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) reported quarterly earnings of $1.02 per share which beat the analyst consensus estimate of $0.80 by 27.5 percent. The company reported quarterly sales of $445.60 million which beat the analyst consensus estimate of $434.00 million by 2.67 percent. This is a 4.10 percent increase over sales of $428.04 million the same period last year.

DXP Enterprises Q2 2024 Adj EPS $1.02 Beats $0.80 Estimate, Sales $445.60M Beat $434.00M Estimate

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Shares of companies within the broader industrial sector are trading higher following Core Retail Sales and Retail Sales economic data. Also, strength may be due to trader optimism that the Fed will cut rates.

DXP Enterprises Sees Q1 2024 Adj. EPS $0.74 Down From $0.95 YoY; Revenue $412.6M Down From $424.3M YoY

DXP Enterprises shares are trading higher after the company reported better-than-expected Q4 adjusted EPS results.

U.S. stocks were higher, with the Dow Jones index gaining more than 150 points on Thursday.
Shares of American Eagle Outfitters, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aeo#NYSE">AEO</a>) rose during Thursday&rsquo;s session after the company reported better-than-expected fourth-quarter earnings and issued strong three-year <a href="https://www.benzinga.com/quote/AEO/earnings">revenue outlook strategy</a>.
American Eagle Outfitters posted adjusted earnings of 61 cents per share, beating market estimates of 50 cents per share. The company&rsquo;s quarterly sales came in at $1.68 billion versus estimates of $1.66 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
American Eagle shares gained 5.4% to $24.72 on Thursday.
Here are some other big stocks recording gains in today&rsquo;s session.
<ul>
<li>MoneyLion Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ml#NYSE">ML</a>) rose 28.3% to $67.43 following strong quarterly sales.</li>
<li>CompoSecure, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmpo#NASDAQ">CMPO</a>) jumped 27.5% to $5.99 as the company reported better-than-expected fourth-quarter financial results on Wednesday.</li>
<li>Rush Street Interactive, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rsi#NYSE">RSI</a>) surged 25.6% to $6.77 as the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for 2024.</li>
<li>OneSpan Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ospn#NASDAQ">OSPN</a>) rose 24.9% to $11.97 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crbp#NASDAQ">CRBP</a>) gained 23.2% to $41.35.</li>
<li>Enhabit, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ehab#NASDAQ">EHAB</a>) surged 21.9% to $9.58 following strong quarterly results.</li>
<li>Rentokil Initial plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rto#NYSE">RTO</a>) climbed 19.2% to $32.94 after the company reported better-than-expected FY23 financial results.</li>
<li>Wave Life Sciences Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wve#NYSE">WVE</a>) rose 18.8% to $7.47. HC Wainwright &amp; Co. analyst Andrew Fein maintained WAVE Life Sciences with a Buy and raised the price target from $8 to $15.</li>
<li>The Honest Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hnst#NASDAQ">HNST</a>) gained 18.5% to $3.7301 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Dave Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dave#NYSE">DAVE</a>) gained 18.2% to $37.38.</li>
<li>The Chemours Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cc#NYSE">CC</a>) rose 16.5% to $25.67.</li>
<li>Arhaus, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/arhs#NASDAQ">ARHS</a>) climbed 15.2% to $14.77 following upbeat quarterly results.</li>
<li>AudioEye, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aeye#NASDAQ">AEYE</a>) shares rose 13.8% to $7.89 after the company reported mixed fourth-quarter financial results and issued guidance.</li>
<li>Kronos Worldwide, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kro#NYSE">KRO</a>) rose 13.5% to $9.82 following upbeat quarterly results.</li>
<li>OrthoPediatrics Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kids#NASDAQ">KIDS</a>) gained 13.1% to $ 30.45 following upbeat quarterly earnings.</li>
<li>Avangrid, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/agr#NYSE">AGR</a>) rose 12.7% to $36.15 after the company announced that the Unaffiliated Committee of its Board of Directors received a non-binding proposal from Iberdrola to acquire all common shares that it or its affiliates do not own for $34.25 in cash per share.</li>
<li>John Wiley &amp; Sons, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wly#NYSE">WLY</a>) surged 11.5% to $36.92 following better-than-expected quarterly results.</li>
<li>E2open Parent Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/etwo#NYSE">ETWO</a>) rose 10.5% to $4.4750. E2open announced initiation of a strategic review.</li>
<li>DXP Enterprises, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dxpe#NASDAQ">DXPE</a>) gained 9.3% to $38.31 after reporting a fourth-quarter profit..</li>
<li>Novo Nordisk A/S (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nvo#NYSE">NVO</a>) gained 8.6% to $ 135.51 after the company announced that a Phase 1 trial of its experimental drug Amycretin showed that participants lost 13.1% of their weight after 12 weeks.</li>
<li>ASE Technology Holding Co., Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/asx#NYSE">ASX</a>) rose 8% to $ 11.46.</li>
<li>Burlington Stores, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/burl#NYSE">BURL</a>) gained 7% to $220.15 after the company reported better-than-expected fourth-quarter financial results and issued FY24 adjusted EPS guidance.</li>
<li>The Kroger Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kr#NYSE">KR</a>) climbed 6.9% to $53.99 after the company reported fourth-quarter EPS above estimates.</li>
<li>Yext, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/yext#NYSE">YEXT</a>) shares rose 6.1% to $6.32 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Tronox Holdings plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/trox#NYSE">TROX</a>) rose 5.8% to $15.88.</li>
</ul>
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American Eagle Reports Upbeat Earnings, Joins Kroger, Burlington Stores And Other Big Stocks Moving Higher On Thursday

DXP Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) reported its Q4 earnings results on Thursday, March 7, 2024 at 09:15 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
DXP Enterprises beat estimated earnings by 847.0000000000001%, reporting an EPS of $1.12 versus an estimate of $-0.15.
Revenue was up $749 thousand from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company missed on EPS by $0.03 which was followed by a 7.000000000000001% drop in the share price the next day.
Here's a look at DXP Enterprises's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.96</td>
<td>1.09</td>
<td>0.56</td>
<td>0.16</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.93</td>
<td>1.06</td>
<td>0.95</td>
<td>0.50</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>432.00M</td>
<td>475.00M</td>
<td>475.00M</td>
<td>348.00M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>419.25M</td>
<td>428.04M</td>
<td>424.27M</td>
<td>406.30M</td>
</tr>
</tbody>
</table>

To track all earnings releases for DXP Enterprises <a href="https://www.benzinga.com/quote/DXPE/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DXP Enterprises: Q4 Earnings Insights

DXP Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) reported quarterly earnings of $1.120 per share which beat the analyst consensus estimate of $(0.150) by 846.67 percent. The company reported quarterly sales of $407.044 million which missed the analyst consensus estimate of $411.000 million by 0.96 percent. This is a 0.18 percent increase over sales of $406.295 million the same period last year.

Earnings Misses

DXP Enterprises Q4 2023 Adj EPS $1.120 Beats $(0.150) Estimate, Sales $407.044M Miss $411.000M Estimate

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Earnings Scheduled For March 7, 2024

DXP Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) is set to give its latest quarterly earnings report on Thursday, 2024-03-07. Here's what investors need to know before the announcement.
Analysts estimate that DXP Enterprises will report an earnings per share (EPS) of $-0.15. 
DXP Enterprises bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company missed EPS by $0.03, which was followed by a 6.52% drop in the share price the next day.
Here's a look at DXP Enterprises's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.96</td>
<td>1.09</td>
<td>0.56</td>
<td>0.16</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.93</td>
<td>1.06</td>
<td>0.95</td>
<td>0.50</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-7.000000000000001%</td>
<td>-15.0%</td>
<td>6.0%</td>
<td>-2.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1709744472_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of DXP Enterprises were trading at $35.63 as of March 05. Over the last 52-week period, shares are up 23.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/DXPE/earnings">To track all earnings releases for DXP Enterprises visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Preview Of DXP Enterprises's Earnings

<ul>
<li>Complements DXP's rotating equipment division</li>
<li>Adds scale, new geography, and enhanced capabilities</li>
<li>Continues to Accelerate End Market Diversification</li>
</ul>

DXP Enterprises Announces Acquisition Of Pro-Seal; Terms Not Disclosed

<h3>Understanding Value Stocks</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Benzinga Insights has compiled a list of value stocks in the industrials sector that may be worth watching:</h2>
<ol>
<li>Pangaea Logistics Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANL#NASDAQ">PANL</a>) - P/E: 9.57</li>
<li>Eastman Kodak (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KODK#NYSE">KODK</a>) - P/E: 5.01</li>
<li>DXP Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) - P/E: 9.7</li>
<li>Air Transport Services Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATSG#NASDAQ">ATSG</a>) - P/E: 9.65</li>
<li>Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) - P/E: 5.6</li>
</ol>
Most recently, Pangaea Logistics Solns reported earnings per share at $0.32, whereas in Q2 earnings per share sat at $0.1. Its most recent dividend yield is at 6.62%, which has increased by 0.91% from 5.71% in the previous quarter.
This quarter, Eastman Kodak experienced a decrease in earnings per share, which was $0.32 in Q2 and is now $0.0. DXP Enterprises has reported Q3 earnings per share at $0.93, which has decreased by 12.26% compared to Q2, which was 1.06. Air Transport Services Gr saw a decrease in earnings per share from 0.57 in Q2 to $0.32 now. Delta Air Lines's earnings per share for Q4 sits at $1.28, whereas in Q3, they were at 2.03. Its most recent dividend yield is at 1.09%, which has increased by 0.14% from 0.95% in the previous quarter.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

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A Look Into Industrials Sector Value Stocks

Press Releases

DXP Enterprises, Inc. Reports First Quarter 2024 Results

DXP Enterprises, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call

DXP Enterprises, Inc. Reports Second Quarter 2024 Results

DXP Enterprises, Inc. Announces New Share Repurchase Program

DXP Enterprises, Inc. Announces Acquisition of Hartwell Environmental Corporation

DXP Enterprises, Inc. Refinances Existing Debt and Raises an Incremental $105M to Drive Growth

DXP Enterprises, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call

DXP Enterprises, Inc. Reports Third Quarter 2024 Results

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