XPEL (NASDAQ:XPEL) Sees Unusually-High Trading Volume

XPEL, Inc. (NASDAQ:XPEL - Get Free Report) shares saw strong trading volume on Friday . 293,310 shares traded hands during trading, an increase of 79% from the previous session's volume of 163,514 shares.The stock last traded at $31.36 and had previously closed at $32.86.

Wall Street Analyst Weigh In

XPEL has been the topic of a number of research analyst reports. B. Riley reaffirmed a "neutral" rating and issued a $37.00 price target (down from $74.00) on shares of XPEL in a research note on Friday. Craig Hallum reaffirmed a "hold" rating and set a $40.00 target price (down previously from $60.00) on shares of XPEL in a report on Friday.

XPEL Stock Down 2.4 %

The firm has a market capitalization of $886.09 million, a PE ratio of 16.88 and a beta of 1.84. The company has a quick ratio of 1.10, a current ratio of 4.02 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average price of $53.19 and a 200-day moving average price of $51.98.

XPEL (NASDAQ:XPEL - Get Free Report) last issued its earnings results on Thursday, May 2nd. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.02). The company had revenue of $90.10 million during the quarter, compared to analysts' expectations of $94.08 million. XPEL had a net margin of 13.32% and a return on equity of 34.38%. The firm's quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 earnings per share. Equities research analysts forecast that XPEL, Inc. will post 2.2 earnings per share for the current fiscal year.

Institutional Trading of XPEL

Institutional investors and hedge funds have recently bought and sold shares of the business. Wasatch Advisors LP grew its holdings in shares of XPEL by 1.8% in the first quarter. Wasatch Advisors LP now owns 3,679,386 shares of the company's stock valued at $198,760,000 after purchasing an additional 64,577 shares in the last quarter. Vanguard Group Inc. grew its stake in XPEL by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 1,460,865 shares of the company's stock worth $112,647,000 after purchasing an additional 45,304 shares in the last quarter. Capital World Investors raised its position in XPEL by 34.9% in the 4th quarter. Capital World Investors now owns 903,527 shares of the company's stock valued at $48,655,000 after purchasing an additional 233,542 shares in the last quarter. Bares Capital Management Inc. grew its position in shares of XPEL by 13.0% during the fourth quarter. Bares Capital Management Inc. now owns 726,082 shares of the company's stock worth $39,100,000 after buying an additional 83,311 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of XPEL by 13.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 376,013 shares of the company's stock worth $20,248,000 after buying an additional 45,947 shares during the period. 75.08% of the stock is currently owned by hedge funds and other institutional investors.

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.

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