
- Price
- $170.98
- Day
- +4.81%
- Mkt Cap
- $2.65B
- 52W Range
- $84.04 – $183.91
- Volume
- 161.0K
- Beta
- 1.01

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HOUSTON--(BUSINESS WIRE)-- #Canada--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Mequipco Ltd. (“Mequipco”). Founded in 1974, Mequipco is headquartered in Calgary, Alberta Canada and operates out of three locations servicing Western Canada including British Columbia, Alberta, Saskatchewan, and Manitoba. Mequipco is a leading Canadian manufacturer representative for mechanical equipment used in water and wastewater systems for municipal and industrial appli.
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HOUSTON, Texas--(BUSINESS WIRE)-- #DXPE--DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the second quarter ended June 30, 2026, on Wednesday, August 5th after the market closes. DXP will host a conference call, to be web cast live, on the Company's website (www.dxp.
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In the latest trading session, DXP Enterprises (DXPE) closed at $148.18, marking a -7.54% move from the previous day.
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In the closing of the recent trading day, DXP Enterprises (DXPE) stood at $174.81, denoting a +1.3% move from the preceding trading day.
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DXP Enterprises is executing a successful roll-up strategy, acquiring higher-margin service businesses and driving consistent margin expansion. I rate DXPE a Strong Buy with a one-year price target of $200.36, 19.72% above the July 16 close, based on EV/EBITDA valuation. DXPE's net income and EBITDA margins have risen meaningfully, outperforming both sector peers and relevant indices over the past five years.
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DXP Enterprises looks well positioned to expand its top line steadily, driven by the IPS segment and continued acquisition contributions. DXPE's margins are likely to remain resilient due to a favorable IPS mix and disciplined execution. Continued focus on expanding capabilities and accretive acquisitions supports the longer-term growth story.
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