DXP Enterprises (DXPE) Sees a More Significant Dip Than Broader Market: Some Facts to Know

DXP Enterprises (DXPE) closed the most recent trading day at $88.29, moving -1.8% from the previous trading session. This change lagged the S&P 500's daily loss of 0.5%. On the other hand, the Dow registered a gain of 0.08%, and the technology-centric Nasdaq decreased by 1.21%.Shares of the industrial products supplier witnessed a loss of 15.38% over the previous month, trailing the performance of the Industrial Products sector with its loss of 6.92% and the S&P 500's loss of 0.47%.The upcoming earnings release of DXP Enterprises will be of great interest to investors.Investors might also notice recent changes to analyst estimates for DXP Enterprises. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, DXP Enterprises holds a Zacks Rank of #3 (Hold).From a valuation perspective, DXP Enterprises is currently exchanging hands at a Forward P/E ratio of 20.86. This denotes a discount relative to the industry's average Forward P/E of 23.15.The Manufacturing - General Industrial industry is part of the Industrial Products sector. With its current Zacks Industry Rank of 141, this industry ranks in the bottom 44% of all industries, numbering over 250.The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DXP Enterprises, Inc. (DXPE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks