DXP Enterprises, Inc. (DXPE) Reaches $26.84 After 9.00% Down Move; Alamo Group (ALG) Shorts Down By 30.17%

December 6, 2017 - By Adrian Mccoy

Alamo Group Incorporated (NYSE:ALG) had a decrease of 30.17% in short interest. ALG’s SI was 79,400 shares in December as released by FINRA. Its down 30.17% from 113,700 shares previously. With 49,900 avg volume, 2 days are for Alamo Group Incorporated (NYSE:ALG)’s short sellers to cover ALG’s short positions. The SI to Alamo Group Incorporated’s float is 0.83%. The stock increased 0.83% or $0.94 during the last trading session, reaching $113.59. About 30,144 shares traded. Alamo Group Inc. (NYSE:ALG) has risen 46.10% since December 6, 2016 and is uptrending. It has outperformed by 29.40% the S&P500.

The stock of DXP Enterprises, Inc. (NASDAQ:DXPE) is a huge mover today! The stock decreased 3.96% or $1.105 during the last trading session, reaching $26.835. About 94,177 shares traded or 13.42% up from the average. DXP Enterprises, Inc. (NASDAQ:DXPE) has risen 200.39% since December 6, 2016 and is uptrending. It has outperformed by 183.69% the S&P500.The move comes after 8 months negative chart setup for the $466.71M company. It was reported on Dec, 6 by Barchart.com. We have $24.42 PT which if reached, will make NASDAQ:DXPE worth $42.00 million less.

Investors sentiment increased to 2.05 in 2017 Q2. Its up 0.25, from 1.8 in 2017Q1. It is positive, as 9 investors sold DXP Enterprises, Inc. shares while 31 reduced holdings. 33 funds opened positions while 49 raised stakes. 12.75 million shares or 0.05% less from 12.75 million shares in 2017Q1 were reported. National Bank Of New York Mellon Corp accumulated 200,529 shares. Ls Inv Ltd Liability Com, a Michigan-based fund reported 532 shares. Louisiana State Employees Retirement invested 0.01% of its portfolio in DXP Enterprises, Inc. (NASDAQ:DXPE). Geode Capital Management Limited Liability owns 126,537 shares. Aqr Mngmt Ltd Llc owns 0% invested in DXP Enterprises, Inc. (NASDAQ:DXPE) for 39,073 shares. Great West Life Assurance Can has invested 0% in DXP Enterprises, Inc. (NASDAQ:DXPE). Peak6 Invests L P has invested 0% in DXP Enterprises, Inc. (NASDAQ:DXPE). Grp Inc Inc owns 0% invested in DXP Enterprises, Inc. (NASDAQ:DXPE) for 11,772 shares. 22,036 were accumulated by Pinebridge Invs Ltd Partnership. Comerica Natl Bank reported 0% stake. Falcon Point Cap stated it has 34,827 shares. 24,815 are owned by Bogle Inv Management Limited Partnership De. Brandes Investment Prtn L P owns 0% invested in DXP Enterprises, Inc. (NASDAQ:DXPE) for 8,079 shares. Renaissance Techs Limited Liability Corporation owns 0% invested in DXP Enterprises, Inc. (NASDAQ:DXPE) for 107,400 shares. Victory Capital Mngmt has invested 0% of its portfolio in DXP Enterprises, Inc. (NASDAQ:DXPE).

Analysts await DXP Enterprises, Inc. (NASDAQ:DXPE) to report earnings on March, 30. They expect $0.11 earnings per share, down 73.81% or $0.31 from last year’s $0.42 per share. DXPE’s profit will be $1.91 million for 60.99 P/E if the $0.11 EPS becomes a reality. After $0.16 actual earnings per share reported by DXP Enterprises, Inc. for the previous quarter, Wall Street now forecasts -31.25% negative EPS growth.

DXP Enterprises, Inc. engages in distributing maintenance, repair, and operating products, equipment, and services to energy and industrial clients in the United States. The company has market cap of $466.71 million. It operates through three divisions: Service Centers, Supply Chain Services, and Innovative Pumping Solutions. It has a 31.2 P/E ratio. The Service Centers segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services.

Since June 9, 2017, it had 0 insider purchases, and 1 sale for $182,179 activity. Shares for $182,179 were sold by WEHRLE RICHARD J on Monday, June 12. Rizzuti Edward sold $16,729 worth of stock. Another trade for 8,500 shares valued at $770,015 was sold by GEORGE ROBERT H. Shares for $86,212 were sold by Malone Dan Edward on Friday, June 9.

Alamo Group Inc. designs, manufactures, and sells agricultural equipment and infrastructure maintenance equipment for governmental and industrial use worldwide. The company has market cap of $1.32 billion. It operates through three divisions: Agricultural, Industrial, and European. It has a 27.22 P/E ratio. The firm offers hydraulically-powered and tractor-mounted mowers, such as boom-mounted mowers; cutters and replacement parts for heavy-duty and intensive use applications; and heavy duty tractors-and truck-mounted mowing, and vegetation maintenance equipment and parts.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Twitter Auto Publish Powered By : XYZScripts.com