XPEL, Inc. (NASDAQ:XPEL – Get Free Report)’s share price dropped 6.7% during trading on Wednesday . The stock traded as low as $46.70 and last traded at $46.6650. Approximately 108,637 shares changed hands during trading, a decline of 57% from the average session volume of 254,534 shares. The stock had previously closed at $50.04.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on XPEL shares. Zacks Research raised XPEL from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Freedom Capital cut shares of XPEL from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of XPEL in a research note on Wednesday, June 24th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, XPEL has an average rating of “Hold”.
Check Out Our Latest Analysis on XPEL
XPEL Stock Up 1.1%
XPEL (NASDAQ:XPEL – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. The company had revenue of $117.35 million for the quarter, compared to analyst estimates of $113.10 million. XPEL had a return on equity of 19.14% and a net margin of 10.82%.XPEL’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same period last year, the company earned $0.31 earnings per share. On average, research analysts forecast that XPEL, Inc. will post 1.92 EPS for the current fiscal year.
Institutional Investors Weigh In On XPEL
A number of institutional investors have recently added to or reduced their stakes in XPEL. Divisadero Street Capital Management LP lifted its holdings in XPEL by 195.2% during the third quarter. Divisadero Street Capital Management LP now owns 416,890 shares of the company’s stock valued at $13,787,000 after purchasing an additional 275,651 shares in the last quarter. Tudor Investment Corp ET AL increased its stake in shares of XPEL by 94.2% during the third quarter. Tudor Investment Corp ET AL now owns 93,804 shares of the company’s stock worth $3,102,000 after purchasing an additional 45,501 shares in the last quarter. Alta Fox Capital Management LLC increased its stake in shares of XPEL by 2,392.9% during the fourth quarter. Alta Fox Capital Management LLC now owns 1,442,638 shares of the company’s stock worth $72,002,000 after purchasing an additional 1,384,769 shares in the last quarter. Intech Investment Management LLC raised its position in shares of XPEL by 114.9% during the 4th quarter. Intech Investment Management LLC now owns 51,538 shares of the company’s stock worth $2,572,000 after purchasing an additional 27,559 shares during the last quarter. Finally, Wasatch Advisors LP raised its position in shares of XPEL by 0.8% during the 1st quarter. Wasatch Advisors LP now owns 3,844,574 shares of the company’s stock worth $170,161,000 after purchasing an additional 30,074 shares during the last quarter. Institutional investors and hedge funds own 75.08% of the company’s stock.
XPEL Company Profile
XPEL, Inc is a leading manufacturer and distributor of advanced protective films and coatings for automotive, marine, aviation, and architectural applications. The company’s core products include paint protection film (PPF), window tinting film, and ceramic coatings designed to shield surfaces from scratches, environmental contaminants, and UV damage. XPEL’s flagship PPF, known for its self-healing properties, is engineered to maintain a vehicle’s factory finish by resisting swirl marks, stone chips, and acid rain.
Beyond automotive protection, XPEL has expanded its offerings to include protective films for electronics and architectural surfaces, providing solutions that enhance durability and prolong the life of high-value assets.
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