Company Performance - DXP Enterprises (DXPE) closed at $88.29, down 1.8% from the previous trading session, underperforming the S&P 500's loss of 0.5% [1] - Over the past month, DXP Enterprises' shares have decreased by 15.38%, significantly trailing the Industrial Products sector's loss of 6.92% and the S&P 500's loss of 0.47% [1] Earnings and Analyst Estimates - The upcoming earnings release of DXP Enterprises is highly anticipated by investors, with recent changes to analyst estimates indicating evolving near-term business trends [2] - Positive estimate revisions are interpreted as a favorable sign for the company's business outlook [2][3] Zacks Rank and Valuation - DXP Enterprises currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining stagnant over the past month [4] - The company has a Forward P/E ratio of 20.86, which is a discount compared to the industry's average Forward P/E of 23.15 [5] - The Manufacturing - General Industrial industry, part of the Industrial Products sector, has a Zacks Industry Rank of 141, placing it in the bottom 44% of over 250 industries [5]

Company Performance - DXP Enterprises (DXPE) closed at $101.90, with a +0.25% change from the previous day, outperforming the S&P 500's daily loss of 0.27% [1] - Over the past month, shares of DXP Enterprises have appreciated by 5.7%, surpassing the Industrial Products sector's gain of 3.78% and the S&P 500's gain of 4.27% [1] Earnings and Analyst Estimates - The investment community is closely monitoring DXP Enterprises' forthcoming earnings report, with a focus on any recent changes to analyst estimates [2] - Upward revisions in estimates indicate analysts' positivity towards the company's business operations and profit generation capabilities [2] Valuation and Ranking - DXP Enterprises has a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining stagnant over the past month [4] - The company is currently traded at a Forward P/E ratio of 23.58, which is a premium compared to the industry's average Forward P/E of 23.27 [4] Industry Context - The Manufacturing - General Industrial industry, part of the Industrial Products sector, has a Zacks Industry Rank of 160, placing it in the bottom 37% of over 250 industries [5] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [5]

Core Viewpoint - DXP Enterprises, Inc. (DXPE) has experienced significant stock performance, with shares trading above $100 and a 113.5% increase over the past six months, outperforming both the S&P 500 and industry peers [1][2][3]. Stock Performance - The stock closed at $102.44, nearing its 52-week high of $107.06 [1] - Over the last six months, DXPE's stock surged 113.5%, compared to the S&P 500's growth of 13.5% and the industry's 9.5% [2]. Market Sentiment - DXPE is trading above its 50-day and 200-day moving averages, indicating strong upward momentum and price stability, reflecting positive market sentiment [4][5]. Growth Drivers - The Service Centers segment grew approximately 8% year over year in Q3 2024, driven by strong demand for MRO products and contributions from acquisitions [7]. - The Innovative Pumping Solutions segment saw a 52% revenue increase in Q3, supported by a strong project pipeline in energy and water markets [9]. - The company expects to recognize revenues from large project wins in energy and water markets starting Q1 2025, supported by a healthy backlog [10]. Acquisitions - Recent acquisitions, including Arroyo Process Equipment, Burt Gurney & Associates, and MaxVac Inc., are expected to enhance DXPE's product offerings and market reach [11][12]. Financial Challenges - The company faces high operating costs, with cost of sales increasing by 11.3% year over year in Q3 2024, and selling, general, and administrative expenses rising by 18.7% [13]. - Long-term debt stood at $519.3 million, with a debt-to-capital ratio of 56.34%, significantly higher than the industry average [15]. Valuation Concerns - DXPE's forward P/E ratio is 23.77X, above the industry average of 21.59X and higher than peers like The Middleby Corporation at 17.10X, indicating potential vulnerability to market sentiment shifts [17]. Earnings Estimates - Consensus earnings estimate for 2024 is $4.07 per share, reflecting a slight decline of 0.5% year over year [20]. Overall Outlook - The company is well-positioned for growth due to strong performance in key segments, but faces challenges from rising operating expenses, high debt levels, and premium stock valuation [21].

Group 1 - DXP Enterprises (DXPE) ended the recent trading session at $98.97, showing a -1.89% change from the previous day's closing price, underperforming compared to the S&P 500's daily gain of 0.92% [1] - Over the past month, shares of DXP Enterprises have gained 22.9%, significantly outperforming the Industrial Products sector's gain of 3.83% and the S&P 500's gain of 0.81% [1] Group 2 - Analysts and investors are closely monitoring DXP Enterprises ahead of its upcoming earnings disclosure, with recent changes in analyst estimates indicating a favorable outlook on the company's business health and profitability [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [4] Group 3 - DXP Enterprises has a Forward P/E ratio of 23.41, which is lower than the industry average Forward P/E of 23.86, indicating that DXP Enterprises is trading at a discount compared to its peers [5] - The Manufacturing - General Industrial industry, which includes DXP Enterprises, currently ranks in the bottom 28% of all industries, with a Zacks Industry Rank of 182 [5][6]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1][2]. Company Overview: DXP Enterprises (DXPE) - DXP Enterprises currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [3]. - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [4]. Performance Metrics - Over the past week, DXP Enterprises' shares increased by 3.49%, outperforming the Zacks Manufacturing - General Industrial industry, which rose by 1.01% [6]. - In a longer timeframe, DXP's shares have risen by 98.11% over the past three months and 204.96% over the past year, significantly outperforming the S&P 500's gains of 3.88% and 24.54%, respectively [7]. - The average 20-day trading volume for DXP Enterprises is 292,081 shares, indicating a bullish trend when combined with rising stock prices [8]. Earnings Outlook - Recent earnings estimate revisions for DXP Enterprises show one upward revision for the full year, increasing the consensus estimate from $3.56 to $4.07 over the past 60 days [10]. - For the next fiscal year, there has been one upward revision with no downward revisions, indicating a positive earnings outlook [10]. Conclusion - Given the strong performance metrics and positive earnings outlook, DXP Enterprises is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling investment option [12].

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] Group 2: DXP Enterprises (DXPE) Analysis - DXP Enterprises has shown significant price momentum, with a four-week price change of 22.9%, indicating growing investor interest [4] - The stock has gained 98.1% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - DXPE has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [6] - The stock has received a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - DXPE is trading at a Price-to-Sales ratio of 0.91, indicating it is reasonably valued at 91 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides DXPE, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to various investing styles, aimed at outperforming the market [9]

Company Performance - DXP Enterprises (DXPE) closed at $104.21, reflecting a +1.61% increase from the previous day, outperforming the S&P 500's gain of 0.61% [1] - Over the last month, DXP Enterprises' shares have increased by 25.55%, significantly surpassing the Industrial Products sector's gain of 5.08% and the S&P 500's gain of 2.08% [1] Earnings and Analyst Estimates - The investment community is closely monitoring the upcoming earnings performance of DXP Enterprises, with recent changes in analyst estimates indicating optimism about the company's business and profitability [2] - Positive estimate revisions are linked to stock price performance, suggesting that analysts' outlooks can influence market behavior [3] Zacks Rank and Valuation - DXP Enterprises currently holds a Zacks Rank of 1 (Strong Buy), which has historically delivered an average annual return of +25% since 1988 [4] - The Forward P/E ratio for DXP Enterprises is 23.8, which is a discount compared to the industry's average Forward P/E of 23.97 [5] Industry Context - The Manufacturing - General Industrial industry, part of the Industrial Products sector, has a Zacks Industry Rank of 188, placing it in the bottom 26% of over 250 industries [5] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the competitive landscape within the industry [6]

Core Viewpoint - DXP Enterprises, Inc. (DXPE) has demonstrated significant stock performance, with shares increasing 97.2% over the past six months, outperforming both the Zacks sub-industry and the S&P 500 [1][2][3] Company Performance - The stock is currently trading at $102.67, just 0.9% below its 52-week high of $103.61, and is above both its 50-day and 200-day moving averages, indicating strong upward momentum and market confidence [1][4][5] - The Service Centers segment has shown approximately 8% year-over-year growth in Q3 2024, driven by healthy demand for MRO products and integrated services [7] - The Innovative Pumping Solutions segment has experienced a 52% revenue increase in Q3 2024, supported by project-related work in energy and water markets [10] Competitive Position - DXP Enterprises has outperformed competitors such as Ingersoll Rand Inc. and Xylem Inc., which have seen stock declines of 8.1% and 14.2%, respectively, over the same period [2] Growth Drivers - The company has secured large projects in energy and water markets, expecting revenue recognition starting Q1 2025, and is focused on executing its backlog and modest volume growth across various sectors [11] - Recent acquisitions, including Burt Gurney & Associates and MaxVac Inc., have expanded the company's market reach and capabilities, contributing 6% to sales in Q3 [12] Financial Outlook - The Zacks Consensus Estimate for DXPE's 2025 earnings has risen by 11.7% to $4.31 per share, indicating a year-over-year growth of 5.9% [14] - Despite a forward P/E ratio of 23.82X, higher than the industry average of 21.49X and peer Flowserve Corporation's 19.62X, the company maintains positive analyst sentiment and growth prospects [15][19] Conclusion - DXP Enterprises is well-positioned for growth due to robust performance across its service segments and a healthy backlog, making it an attractive option for potential investors [18][19]

Core Insights - Investors seeking high returns should consider stocks with robust liquidity levels, as this promotes business growth and indicates a company's ability to meet debt obligations [1][2] - Four top-ranked stocks recommended for portfolio inclusion are DXP Enterprises, Inc. (DXPE), Ubiquiti Inc. (UI), HubSpot, Inc. (HUBS), and EverQuote, Inc. (EVER) [2][10] Liquidity Measures - **Current Ratio**: Measures current assets relative to current liabilities; a ratio below 1 indicates more liabilities than assets, while a range of 1-3 is ideal [4] - **Quick Ratio**: Indicates a company's ability to pay short-term obligations, with a desirable ratio of more than 1 [5] - **Cash Ratio**: The most conservative measure, focusing on cash and cash equivalents relative to current liabilities; a ratio greater than 1 is desirable but may indicate inefficiency [6] Screening Parameters - Asset utilization is included as a screening criterion, measuring total sales over the last 12 months against the average total assets; a higher ratio than the industry average indicates efficiency [7] - Stocks are further screened using a proprietary Growth Style Score to ensure they have solid growth potential [8] - Stocks must have liquidity ratios between 1 and 3, asset utilization above the industry average, a Zacks Rank of 1, and a Growth Score of A or B to qualify [9] Company Highlights - **DXP Enterprises, Inc. (DXPE)**: Revenue increased by 12.8% year-over-year to $472.9 million, benefiting from acquisitions and moderating inflation [11][12] - **Ubiquiti Inc. (UI)**: Strong first-quarter fiscal 2025 results with earnings estimates of $7.30 per share, driven by growth in the Enterprise Technology segment [14][15] - **HubSpot, Inc. (HUBS)**: Focus on expanding customer base and product updates, with earnings estimates of $8.00 per share for 2024 [16][17] - **EverQuote, Inc. (EVER)**: Total revenues increased by 163% year-over-year to $144.5 million, supported by a strong financial profile and focus on core markets [18][19]

DXP Enterprises (DXPE) closed at $91.38 in the latest trading session, marking a +0.43% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.16% for the day. Meanwhile, the Dow experienced a rise of 0.86%, and the technology-dominated Nasdaq saw a decrease of 0.38%.Heading into today, shares of the industrial products supplier had gained 14.31% over the past month, outpacing the Industrial Products sector's loss of 8.81% and the S&P 500's loss of 2.2% in that time.The invest ...