XPEL (NASDAQ:XPEL) Earns Hold (C-) Rating from Weiss Ratings

Key Points

• XPEL's stock has been rated as "hold (C-)" by Weiss Ratings, while Wall Street Zen upgraded it from "hold" to "buy" recently.
• The company reported a quarterly earnings per share of $0.59, exceeding the consensus estimate of $0.52, with a revenue of $124.71 million, representing a 13.5% year-over-year increase.
• Institutional investors currently own 75.08% of XPEL's stock, with significant increases in holdings from several large investors noted in the article.

XPEL (NASDAQ:XPEL - Get Free Report)'s stock had its "hold (c-)" rating reissued by equities researchers at Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.

Several other research firms have also commented on XPEL. Wall Street Zen raised XPEL from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. Zacks Research raised XPEL from a "strong sell" rating to a "hold" rating in a research report on Monday, October 6th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, XPEL presently has an average rating of "Hold".

XPEL Stock Performance

Shares of XPEL traded down $0.08 during trading hours on Friday, hitting $35.67. The stock had a trading volume of 80,641 shares, compared to its average volume of 213,730. The firm has a market cap of $986.99 million, a P/E ratio of 20.27 and a beta of 1.68. The company's fifty day simple moving average is $35.16 and its 200 day simple moving average is $34.39. XPEL has a 12-month low of $24.25 and a 12-month high of $47.23.

XPEL (NASDAQ:XPEL - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.52 by $0.07. XPEL had a return on equity of 21.17% and a net margin of 10.84%.The company had revenue of $124.71 million for the quarter, compared to analyst estimates of $118.37 million. During the same period last year, the company posted $0.54 earnings per share. The firm's revenue was up 13.5% compared to the same quarter last year. As a group, sell-side analysts predict that XPEL will post 1.73 earnings per share for the current fiscal year.

Institutional Trading of XPEL

Several large investors have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its stake in shares of XPEL by 81.8% during the second quarter. PNC Financial Services Group Inc. now owns 851 shares of the company's stock valued at $31,000 after acquiring an additional 383 shares in the last quarter. Rhumbline Advisers grew its stake in shares of XPEL by 0.6% during the first quarter. Rhumbline Advisers now owns 63,606 shares of the company's stock valued at $1,869,000 after acquiring an additional 389 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in shares of XPEL by 7.6% during the third quarter. Oregon Public Employees Retirement Fund now owns 5,638 shares of the company's stock valued at $186,000 after acquiring an additional 400 shares in the last quarter. Fiera Capital Corp grew its stake in shares of XPEL by 1.6% during the first quarter. Fiera Capital Corp now owns 32,500 shares of the company's stock valued at $955,000 after acquiring an additional 500 shares in the last quarter. Finally, Victory Capital Management Inc. grew its stake in XPEL by 12.1% in the first quarter. Victory Capital Management Inc. now owns 5,395 shares of the company's stock worth $159,000 after purchasing an additional 583 shares in the last quarter. 75.08% of the stock is currently owned by institutional investors and hedge funds.

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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