XPEL (NASDAQ:XPEL) Stock Price Up 6% – Should You Buy?

XPEL, Inc. (NASDAQ:XPELGet Free Report) shares rose 6% during mid-day trading on Tuesday . The stock traded as high as $45.64 and last traded at $44.3750. Approximately 425,460 shares traded hands during trading, an increase of 70% from the average daily volume of 250,425 shares. The stock had previously closed at $41.85.

Analysts Set New Price Targets

XPEL has been the subject of several recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of XPEL in a research note on Friday, March 27th. Freedom Capital downgraded XPEL from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 7th. Finally, Zacks Research upgraded XPEL from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on XPEL

XPEL Trading Up 3.3%

The firm has a fifty day simple moving average of $43.06 and a 200 day simple moving average of $46.44. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 22.78 and a beta of 1.13.

XPEL (NASDAQ:XPELGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. The firm had revenue of $117.35 million during the quarter, compared to analysts’ expectations of $113.10 million. XPEL had a return on equity of 19.14% and a net margin of 10.82%.The company’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.31 EPS. On average, equities analysts expect that XPEL, Inc. will post 1.92 earnings per share for the current year.

Hedge Funds Weigh In On XPEL

Hedge funds have recently modified their holdings of the stock. Divisadero Street Capital Management LP boosted its position in shares of XPEL by 195.2% in the 3rd quarter. Divisadero Street Capital Management LP now owns 416,890 shares of the company’s stock worth $13,787,000 after purchasing an additional 275,651 shares during the last quarter. Alps Advisors Inc. bought a new position in shares of XPEL in the 3rd quarter worth $435,000. Public Sector Pension Investment Board boosted its position in shares of XPEL by 27.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 98,196 shares of the company’s stock worth $3,247,000 after purchasing an additional 20,970 shares during the last quarter. Schwartz Investment Counsel Inc. boosted its position in shares of XPEL by 4.8% in the 3rd quarter. Schwartz Investment Counsel Inc. now owns 912,999 shares of the company’s stock worth $30,193,000 after purchasing an additional 42,000 shares during the last quarter. Finally, Tudor Investment Corp ET AL boosted its position in shares of XPEL by 94.2% in the 3rd 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 during the last quarter. 75.08% of the stock is owned by institutional investors and hedge funds.

About XPEL

(Get Free Report)

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.

Further Reading

Receive News & Ratings for XPEL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPEL and related companies with MarketBeat.com's FREE daily email newsletter.