PDT Partners LLC Makes New Investment in XPEL, Inc. $XPEL

Key Points

• PDT Partners LLC has acquired 8,200 shares of XPEL, Inc., valued at approximately $241,000, indicating growing institutional interest in the company.
• XPEL reported earnings of $0.59 per share for the last quarter, surpassing analysts' expectations of $0.52, with revenue increasing by 13.5% year-over-year.
• As of the latest ratings, XPEL has received mixed reviews, with Zacks Research labeling it a "strong sell," while Wall Street Zen upgraded it to a "buy," reflecting divided analyst opinions.

PDT Partners LLC purchased a new position in XPEL, Inc. (NASDAQ:XPEL - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,200 shares of the company's stock, valued at approximately $241,000.

Other institutional investors have also recently made changes to their positions in the company. Eukles Asset Management acquired a new position in XPEL during the first quarter worth $35,000. Brooklyn Investment Group boosted its stake in XPEL by 805.7% during the first quarter. Brooklyn Investment Group now owns 1,739 shares of the company's stock worth $51,000 after buying an additional 1,547 shares during the last quarter. GAMMA Investing LLC boosted its stake in XPEL by 308.2% during the first quarter. GAMMA Investing LLC now owns 3,339 shares of the company's stock worth $98,000 after buying an additional 2,521 shares during the last quarter. Victory Capital Management Inc. boosted its stake in XPEL by 12.1% during the first quarter. Victory Capital Management Inc. now owns 5,395 shares of the company's stock worth $159,000 after buying an additional 583 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new position in XPEL during the fourth quarter worth $210,000. 75.08% of the stock is owned by institutional investors and hedge funds.

XPEL Trading Up 7.8%

XPEL traded up $2.80 during mid-day trading on Monday, hitting $38.48. 304,694 shares of the stock were exchanged, compared to its average volume of 146,216. The firm's fifty day moving average is $36.15 and its two-hundred day moving average is $33.86. XPEL, Inc. has a 1-year low of $24.25 and a 1-year high of $47.23. The company has a market cap of $1.06 billion, a PE ratio of 21.86 and a beta of 1.67.

XPEL (NASDAQ:XPEL - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.07. XPEL had a return on equity of 21.17% and a net margin of 10.84%.The firm had revenue of $124.71 million for the quarter, compared to analyst estimates of $118.37 million. During the same quarter in the prior year, the company earned $0.54 EPS. XPEL's revenue was up 13.5% on a year-over-year basis. As a group, research analysts anticipate that XPEL, Inc. will post 1.73 earnings per share for the current year.

Wall Street Analyst Weigh In

XPEL has been the topic of a number of analyst reports. Wall Street Zen raised shares of XPEL from a "hold" rating to a "buy" rating in a research note on Friday. Zacks Research raised shares of XPEL to a "strong sell" rating in a research note on Friday, August 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Sell".

About XPEL

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.