Alert: Positive Investment/Fundamental Signals (9/11/24)-DXP Enterprises Inc (NASDAQ: DXPE)

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DXP Enterprises Inc (NASDAQ: DXPE) has recently enjoyed important positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Recent meaningful positive changes in investment behavior have benefitted DXP Enterprises Inc (NASDAQ: DXPE): the stock’s recent price rise disrupted its longer term downtrend.

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

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Current PriceTarget Research Rating

Reflecting future returns on capital that are 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 B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. DXP Enterprises has a neutral Appreciation Score of 53 but a very high Power Rating of 86, triggering the Positive Value Trend Rating.

Recent Price Action

DXP Enterprises Inc (NASDAQ: DXPE) stock declined slightly by -0.4% on 9/11/24. The stock closed at $47.98. NORMAL trading volume accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -10.5% during the last week.

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