How to Buy Dxp Enterprises Stock
Dxp Enterprises Inc
DXP Enterprises, Inc. , together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services to the energy and industrial customers primarily in the United States and Canada.
Dxp Enterprises stock last closed at $51.81, up 4.31% from the previous day, and has increased 97.15% in one year. It has overperformed other stocks in the Industrial Distribution industry by 0.68 percentage points. Dxp Enterprises stock is currently +134.86% from its 52-week low of $22.06, and -9.71% from its 52-week high of $57.38.
There are currently 16.18M shares of DXPE outstanding. The market capitalization of DXPE is $838.30M. In the last 24 hours, 75,926 DXPE shares were traded.
How to Buy Dxp Enterprises Stock
Wondering how to invest in Dxp Enterprises stock? Here's how.
- Decide where to buy Dxp Enterprises stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Dxp Enterprises stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- Analyze Dxp Enterprises stock: The Dxp Enterprises ticker symbol is DXPE. Is Dxp Enterprises stock a good investment? Should you buy shares of DXPE? How do DXPE's underlying business fundamentals look? Do top analysts think Dxp Enterprises is a good buy? Why has DXPE's stock price moved recently? (Hint: Our stock research tools can help you decide if DXPE is a good stock to buy).
- Place your DXPE trade: Decide if you will purchase DXPE shares at the current market price or use a limit order to purchase DXPE stock at a given price.
- Keep tabs on your investment in DXPE: Create a watchlist to the latest updates on your position in Dxp Enterprises stock.
Step 1: Decide where to buy Dxp Enterprises stock
You need a brokerage account in order to access the NASDAQ market and buy DXPE shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
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- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you can invest in DXPE today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have created your account on app for stock, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details depositing funds into your investment account.
Step 4: Analyze Dxp Enterprises stock
Once you have chosen the best place to buy Dxp Enterprises stock, it's important to evaluate their stock prior to investing, so you can comprehend the risk as well as the upside.
Overview of key DXPE info
Fundamentals of DXPE
WallStreetZen was designed to help average investors do better fundamental analysis quickly.
You can see all of the due diligence checks on DXPE's stock page.
Is DXPE stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DXPE's intrinsic value.
Using relative valuations measures:
- DXPE could be undervalued based on its P/E ratio of 12.73x, relative to Industrial Distribution industry P/E ratio of 517.48x
- DXPE may be undervalued based on its P/B ratio of 2.2x, relative to Industrial Distribution industry P/B ratio of 6.8x
- DXPE could be overvalued based on its PEG ratio of 1.31x
You can do additional valuation research on DXPE's stock here.
How do DXPE Financials look?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the DXPE balance sheet.
- DXPE profit margin has gone up from 3.2% to 4.1% in the past year.
- There are more short-term assets than long-term liabilities on the DXPE balance sheet.
Negative Financial Indicators:
- DXPE earnings of $140.08M is not sufficient to cover its interest payments.
- DXPE has a relatively high debt to equity ratio of 2.09.
- Total DXPE debt is higher than 5 years ago, relative to shareholder equity.
- DXPE's operating cash flow of $106.22M allows it to safely service it's debt of $575.97M.
DXPE Trading Indicators
DXPE Performance Metrics
Last year, DXPE earnings were $68.72M. During the last five year, DXPE's earnings have grown by 13.3% per year. This was faster than the Industrial Distribution industry average of 11.88%.
Last year, DXPE revenue was $1.68B. During the past five year, DXPE's revenue has increased by 6.61% per year. This was slower than the Industrial Distribution industry average of 23.43%.
You can analyze DXPE's earnings and revenue performance here.
What are DXPE executives and large shareholders up to?
In the last year, insiders at DXPE have sold more shares than they have bought.
David R. Little, Chairman CEO of DXPE, was the latest DXPE insider to sell. They sold $1,990,051.74 worth of DXPE shares on Mar 28, 2024.
Get more info about who owns DXPE shares here.
Can I rely on DXPE as an income stream?
No, Dxp Enterprises doesn't provide an income stream by paying out dividends.
What others are saying about DXPE
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your DXPE trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open button and your broker will execute the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in DXPE
Now that you own some DXPE stock, you'll want to stay up-to-date on your investment.
Start a watchlist to see the latest developments about your DXPE stock.
DXPE Feed
How to Buy Stock in Dxp Enterprises
To summarize, here are the 6 steps you need to take to buy Dxp Enterprises stock right now:
- Decide where to buy Dxp Enterprises stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Dxp Enterprises stock
- Place your DXPE trade
- Keep tabs on your investment in DXPE
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your new investment in Dxp Enterprises, create your watchlist below.
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