Wasatch Advisors LP Buys 30,074 Shares of XPEL, Inc. $XPEL

Wasatch Advisors LP lifted its stake in XPEL, Inc. (NASDAQ:XPEL) by 0.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 3,844,574 shares of the company’s stock after buying an additional 30,074 shares during the period. Wasatch Advisors LP owned approximately 0.14% of XPEL worth $170,161,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. boosted its holdings in XPEL by 1.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,088 shares of the company’s stock valued at $603,000 after acquiring an additional 198 shares during the period. Illinois Municipal Retirement Fund increased its stake in XPEL by 1.9% in the 4th quarter. Illinois Municipal Retirement Fund now owns 12,610 shares of the company’s stock worth $629,000 after purchasing an additional 236 shares during the period. B. Metzler seel. Sohn & Co. AG increased its stake in XPEL by 1.1% in the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 25,882 shares of the company’s stock worth $856,000 after purchasing an additional 282 shares during the period. Osaic Holdings Inc. lifted its position in XPEL by 13.8% in the fourth quarter. Osaic Holdings Inc. now owns 2,790 shares of the company’s stock valued at $139,000 after purchasing an additional 339 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its position in XPEL by 159.8% in the fourth quarter. Hantz Financial Services Inc. now owns 582 shares of the company’s stock valued at $29,000 after purchasing an additional 358 shares during the last quarter. Institutional investors own 75.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on XPEL. Weiss Ratings restated a “hold (c)” rating on shares of XPEL in a report on Wednesday. Zacks Research raised shares of XPEL from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Freedom Capital lowered shares of XPEL from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 7th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

XPEL Price Performance

Shares of NASDAQ XPEL opened at $49.37 on Friday. XPEL, Inc. has a 1 year low of $31.26 and a 1 year high of $55.91. The company’s 50-day moving average is $45.31 and its 200 day moving average is $47.21. The stock has a market capitalization of $1.36 billion, a P/E ratio of 25.85 and a beta of 1.11.

XPEL (NASDAQ:XPEL) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. XPEL had a net margin of 10.82% and a return on equity of 19.14%. The company had revenue of $117.35 million during the quarter, compared to the consensus estimate of $113.10 million. During the same period in the prior year, the firm earned $0.31 earnings per share. XPEL’s revenue was up 13.1% on a year-over-year basis. Research analysts anticipate that XPEL, Inc. will post 1.92 earnings per share for the current year.

About XPEL

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.