Grandeur Peak Global Advisors LLC Has $1.88 Million Holdings in XPEL, Inc. $XPEL

Key Points

• Grandeur Peak Global Advisors increased its XPEL position by 366% in the second quarter, purchasing 29,705 additional shares and bringing its holdings to approximately $1.88 million. Institutional investors and hedge funds collectively own 75.08% of XPEL.
• Analysts maintain a generally positive outlook, with XPEL receiving a “Moderate Buy” consensus rating and an average price target of $65.00; B. Riley raised its target from $55 to $65.
• XPEL reported quarterly EPS of $0.68, exceeding estimates of $0.60, while revenue rose 14.7% year over year to $143.05 million. Shares opened at $49.76, compared with a 12-month range of $31.50 to $55.91.

Grandeur Peak Global Advisors LLC raised its position in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 366.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,822 shares of the company's stock after purchasing an additional 29,705 shares during the period. Grandeur Peak Global Advisors LLC owned 0.14% of XPEL worth $1,876,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Wasatch Advisors LP increased its holdings in XPEL by 5.0% in the second quarter. Wasatch Advisors LP now owns 3,947,310 shares of the company's stock worth $141,708,000 after buying an additional 188,368 shares during the last quarter. BlackRock Inc. acquired a new stake in XPEL in the second quarter valued at approximately $190,144,000. Vanguard Group Inc. grew its position in XPEL by 4.5% in the fourth quarter. Vanguard Group Inc. now owns 1,751,046 shares of the company's stock worth $87,395,000 after acquiring an additional 74,822 shares in the last quarter. Alta Fox Capital Management LLC grew its position in XPEL by 2,392.9% in the fourth quarter. Alta Fox Capital Management LLC now owns 1,442,638 shares of the company's stock worth $72,002,000 after acquiring an additional 1,384,769 shares in the last quarter. Finally, SCS Capital Management LLC acquired a new position in shares of XPEL during the 2nd quarter worth $61,580,000. 75.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on XPEL shares. Freedom Capital raised shares of XPEL from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 7th. B. Riley Financial increased their target price on shares of XPEL from $55.00 to $65.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Finally, Weiss Ratings raised XPEL from a "hold (c)" rating to a "hold (c+)" rating in a research report on Monday, August 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $65.00.

XPEL Stock Performance

Shares of XPEL stock opened at $49.76 on Monday. XPEL, Inc. has a 12 month low of $31.50 and a 12 month high of $55.91. The company has a market cap of $1.37 billion, a PE ratio of 25.26 and a beta of 1.09. The company has a quick ratio of 1.14, a current ratio of 2.61 and a debt-to-equity ratio of 0.14. The business's 50 day moving average is $47.18 and its two-hundred day moving average is $45.63.

XPEL (NASDAQ:XPEL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.08. XPEL had a net margin of 10.77% and a return on equity of 18.98%. The business had revenue of $143.05 million during the quarter, compared to the consensus estimate of $135.09 million. During the same period in the prior year, the firm earned $0.59 EPS. XPEL's quarterly revenue was up 14.7% compared to the same quarter last year. Equities analysts predict that XPEL, Inc. will post 2.12 EPS for the current year.

XPEL 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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