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

A number of other large investors have also added to or reduced their stakes in XPEL. Allspring Global Investments Holdings LLC increased its holdings in shares of XPEL by 54.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 13,984 shares of the company's stock valued at $407,000 after acquiring an additional 4,904 shares in the last quarter. Deutsche Bank AG raised its stake in shares of XPEL by 47.9% during the 4th quarter. Deutsche Bank AG now owns 23,017 shares of the company's stock worth $919,000 after buying an additional 7,459 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of XPEL by 18.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 55,115 shares of the company's stock worth $2,201,000 after buying an additional 8,484 shares during the period. Bridges Investment Management Inc. raised its stake in shares of XPEL by 111.3% during the 1st quarter. Bridges Investment Management Inc. now owns 52,823 shares of the company's stock worth $1,552,000 after buying an additional 27,826 shares during the period. Finally, BNP Paribas Financial Markets acquired a new position in shares of XPEL during the 4th quarter worth approximately $514,000. 75.08% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on XPEL. Zacks Research raised XPEL to a "strong sell" rating in a research note on Friday, August 8th. Wall Street Zen raised XPEL from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Sell".

XPEL Price Performance

NASDAQ XPEL traded up $0.14 during mid-day trading on Thursday, hitting $35.90. The stock had a trading volume of 183,968 shares, compared to its average volume of 138,831. The firm's 50 day moving average is $36.02 and its 200 day moving average is $33.86. XPEL, Inc. has a twelve month low of $24.25 and a twelve month high of $47.23. The stock has a market capitalization of $993.35 million, a price-to-earnings ratio of 20.40 and a beta of 1.67.

XPEL (NASDAQ:XPEL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.59 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $118.37 million. During the same period in the prior year, the company earned $0.54 EPS. The firm's revenue was up 13.5% compared to the same quarter last year. As a group, equities research analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current year.

XPEL Company Profile

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.