Legal & General Group Plc acquired a new stake in XPEL, Inc. (NASDAQ:XPEL - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 54,936 shares of the company's stock, valued at approximately $2,725,000. Legal & General Group Plc owned about 0.20% of XPEL as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently modified their holdings of XPEL. Polar Asset Management Partners Inc. acquired a new position in XPEL during the 1st quarter valued at about $5,400,000. SCS Capital Management LLC bought a new position in XPEL during the second quarter valued at about $61,580,000. JB Capital Partners LP acquired a new position in shares of XPEL in the 2nd quarter worth approximately $1,240,000. Dimensional Fund Advisors LP increased its holdings in shares of XPEL by 16.9% in the first quarter. Dimensional Fund Advisors LP now owns 472,643 shares of the company's stock valued at $20,911,000 after buying an additional 68,295 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of XPEL by 103.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 122,584 shares of the company's stock worth $5,426,000 after purchasing an additional 62,344 shares during the period. 75.08% of the stock is owned by hedge funds and other institutional investors.
XPEL Trading Up 1.1%
NASDAQ:XPEL opened at $51.45 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.61 and a quick ratio of 1.14. XPEL, Inc. has a one year low of $31.50 and a one year high of $55.91. The company has a market cap of $1.42 billion, a PE ratio of 26.12 and a beta of 1.13. The firm has a 50-day moving average of $47.46 and a 200-day moving average of $45.54.
XPEL (NASDAQ:XPEL - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.08. The business had revenue of $143.05 million during the quarter, compared to the consensus estimate of $135.09 million. XPEL had a return on equity of 18.98% and a net margin of 10.77%.The company's quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.59 EPS. As a group, equities research analysts expect that XPEL, Inc. will post 2.12 EPS for the current fiscal year.
Wall Street Analyst Weigh In
XPEL has been the topic of several recent analyst reports. Freedom Capital raised XPEL from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 7th. B. Riley Financial upped their price target on XPEL from $55.00 to $65.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of XPEL from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $65.00.
View Our Latest Research Report on XPEL
XPEL Company Profile
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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.
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