DXP Enterprises Inc (NASDAQ: DXPE) stock enjoyed a major increase of 12.8% on 3/8/24. The shares closed at $45.22. Moreover, trading volume in this advance was exceptionally high at 401% of normal. The stock has risen 27.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
DXPE is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
DXP Enterprises has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. DXP Enterprises has a neutral Power Rating of 54 and a neutral Appreciation Score of 57, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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