DXP Enterprises traded at $181.51 this Wednesday May 6th, increasing $2.25 or 1.26 percent since the previous trading session. Looking back, over the last four weeks, DXP Enterprises gained 25.70 percent. Over the last 12 months, its price rose by 104.45 percent. Looking ahead, we forecast DXP Enterprises to be priced at 165.39 by the end of this quarter and at 155.28 in one year, according to Trading Economics global macro models projections and analysts expectations.
DXP Enterprises, Inc. is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and services to energy and industrial customers. The Company’s segments include Service Centers (SC), Supply Chain Services (SCS) and Innovative Pumping Solutions (IPS). The SC segment is engaged in providing MRO products, equipment and services, including technical capabilities and logistics capabilities to energy and industrial customers with the ability to provide same-day delivery. The SCS segment manages all or part of a customer's supply chain, including procurement and inventory management. The SCS segment provides fully outsourced MRO solutions for sourcing MRO products. The IPS segment provides integrated, custom pump skid packages, pump remanufacturing and manufactures branded private label pumps to meet the capital equipment needs of its global customer base. It operates from approximately 168 locations in over 35 states in the United States.