DXP Enterprises (NASDAQ:DXPE – Get Free Report) issued its quarterly earnings results on Monday. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.48, RTT News reports. The business had revenue of $472.94 million for the quarter. DXP Enterprises had a return on equity of 17.22% and a net margin of 3.57%. During the same period last year, the company earned $0.93 EPS.
DXP Enterprises Trading Up 5.7 %
Shares of NASDAQ:DXPE traded up $3.54 during trading on Wednesday, hitting $65.13. 29,795 shares of the company’s stock were exchanged, compared to its average volume of 103,516. The company has a current ratio of 2.39, a quick ratio of 1.92 and a debt-to-equity ratio of 1.35. The firm has a market cap of $1.03 billion, a P/E ratio of 17.40 and a beta of 1.60. The firm has a 50-day moving average price of $51.81 and a two-hundred day moving average price of $50.23. DXP Enterprises has a 1-year low of $28.82 and a 1-year high of $66.00.
Insider Buying and Selling at DXP Enterprises
In other DXP Enterprises news, CMO Paz Maestas sold 2,500 shares of the stock in a transaction on Friday, August 16th. The shares were sold at an average price of $49.00, for a total value of $122,500.00. Following the sale, the chief marketing officer now directly owns 619,367 shares in the company, valued at approximately $30,348,983. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 22.40% of the company’s stock.
DXP Enterprises Company Profile
DXP Enterprises, Inc, together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS).
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