Stock To Watch: DXP Enterprises, Inc. (NASDAQ:DXPE)


The leading market experts have placed a mean price target of $17.00 on DXP Enterprises, Inc. (NASDAQ:DXPE) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.05 a share for the upcoming quarter and $-0.30 for the current fiscal.

Technical View

The technical analysis of DXP Enterprises, Inc. plainly substantiates that the 50-day moving average of DXP Enterprises, Inc. is $16.32, and stock is trading $10.44 points away or +64.02% from its 50-day moving average of $16.32. Further it is trading $10.28 or +62.39% away its 200-day moving average of $16.48. DXP Enterprises, Inc. (NASDAQ:DXPE) 52-week high is $34.49 and the 52-week low is $12.67.

This explains if the stock moves $-7.73, it will post a 52-week high. In event of +111.21% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of DXP Enterprises, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, DXP Enterprises, Inc. (NASDAQ:DXPE) ratio came in at N/A.

The stock last ended the trading session at $26.76 and registered a market cap of $386.12M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. DXP Enterprises, Inc. (NASDAQ:DXPE) PEG ratio is at -2.91.

1 Chart Pattern Every Investor Should Know

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