Polar Asset Management Partners Inc. bought a new stake in XPEL, Inc. (NASDAQ:XPEL - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 211,000 shares of the company's stock, valued at approximately $10,466,000. Polar Asset Management Partners Inc. owned about 0.77% of XPEL as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. SCS Capital Management LLC bought a new position in XPEL in the second quarter valued at approximately $61,580,000. Dimensional Fund Advisors LP raised its stake in shares of XPEL by 16.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 472,643 shares of the company's stock worth $20,911,000 after purchasing an additional 68,295 shares in the last quarter. JB Capital Partners LP acquired a new stake in shares of XPEL in the 2nd quarter valued at approximately $1,240,000,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of XPEL by 103.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 122,584 shares of the company's stock valued at $5,426,000 after buying an additional 62,344 shares during the last quarter. Finally, Louisiana State Employees Retirement System bought a new position in shares of XPEL in the first quarter valued at $496,000. Institutional investors own 75.08% of the company's stock.
XPEL Stock Down 0.7%
XPEL stock opened at $50.22 on Wednesday. XPEL, Inc. has a 1-year low of $31.50 and a 1-year high of $55.91. The business's 50 day simple moving average is $46.87 and its 200 day simple moving average is $45.65. 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 firm has a market capitalization of $1.38 billion, a PE ratio of 25.49 and a beta of 1.09.
XPEL (NASDAQ:XPEL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.08. XPEL had a return on equity of 18.98% and a net margin of 10.77%.The business had revenue of $143.05 million during the quarter, compared to the consensus estimate of $135.09 million. During the same quarter last year, the firm posted $0.59 EPS. The company's quarterly revenue was up 14.7% on a year-over-year basis. As a group, research analysts anticipate that XPEL, Inc. will post 2.12 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Freedom Capital upgraded shares of XPEL from a "hold" rating to a "strong-buy" rating in a report on Friday, August 7th. Weiss Ratings upgraded shares of XPEL from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday. Finally, B. Riley Financial lifted their price objective on shares of XPEL from $55.00 to $65.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, XPEL currently has a consensus rating of "Moderate Buy" and an average price target of $65.00.
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About XPEL
(
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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