Lombard Odier Asset Management Europe Ltd Acquires New Shares in XPEL, Inc. $XPEL

Key Points

• Lombard Odier Asset Management Europe initiated a position in XPEL, purchasing 70,233 shares worth approximately $3.48 million, or about 0.25% of the company. Institutional investors collectively own 75.08% of XPEL.
• Analyst sentiment improved, with B. Riley raising its price target to $65 and Freedom Capital upgrading the stock to “strong buy.” XPEL has a consensus “Moderate Buy” rating and a $65 average target price.
• XPEL exceeded quarterly expectations, reporting $0.68 in EPS versus $0.60 expected and revenue of $143.05 million versus $135.09 million. Revenue increased 14.7% year over year, while the stock recently opened at $49.76.

Lombard Odier Asset Management Europe Ltd bought a new position in XPEL, Inc. (NASDAQ:XPEL - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 70,233 shares of the company's stock, valued at approximately $3,484,000. Lombard Odier Asset Management Europe Ltd owned about 0.25% of XPEL as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of XPEL. Wasatch Advisors LP grew its stake in shares of 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 acquiring an additional 188,368 shares during the period. BlackRock Inc. bought a new position in XPEL during the second quarter valued at approximately $190,144,000. Vanguard Group Inc. lifted its position in XPEL by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 1,751,046 shares of the company's stock valued at $87,395,000 after purchasing an additional 74,822 shares during the period. Alta Fox Capital Management LLC boosted its holdings 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 purchasing an additional 1,384,769 shares during the last quarter. Finally, SCS Capital Management LLC purchased a new stake in XPEL in the second quarter worth approximately $61,580,000. Institutional investors own 75.08% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. B. Riley Financial boosted their target price on shares of XPEL from $55.00 to $65.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Freedom Capital upgraded XPEL from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 7th. Finally, Weiss Ratings raised XPEL from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $65.00.

XPEL Stock Performance

XPEL opened at $49.76 on Friday. The company's 50 day moving average is $47.18 and its 200 day moving average is $45.67. The company has a current ratio of 2.61, a quick ratio of 1.14 and a debt-to-equity ratio of 0.14. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 25.26 and a beta of 1.09. XPEL, Inc. has a 12-month low of $31.50 and a 12-month high of $55.91.

XPEL (NASDAQ:XPEL - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.68 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 analysts' expectations of $135.09 million. XPEL had a net margin of 10.77% and a return on equity of 18.98%. The firm's revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.59 earnings per share. On average, equities research 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source