XPEL (NASDAQ:XPEL) Stock Price Up 12.3% on Better-Than-Expected Earnings

XPEL, Inc. (NASDAQ:XPEL)’s share price traded up 12.3% on Wednesday following a stronger than expected earnings report. The stock traded as high as $51.71 and last traded at $51.56. Approximately 23,393 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 251,648 shares. The stock had previously closed at $45.91.

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 19.14% and a net margin of 10.82%.The firm had revenue of $143.05 million for the quarter, compared to the consensus estimate of $135.09 million. During the same quarter in the previous year, the business earned $0.59 EPS. The company’s quarterly revenue was up 14.7% compared to the same quarter last year.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of XPEL in a research note on Wednesday, June 24th. Freedom Capital downgraded shares of XPEL from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 7th. Finally, Zacks Research raised XPEL from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, XPEL currently has an average rating of “Hold”.

Hedge Funds Weigh In On XPEL

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Pacific Excel Wealth Advisors Inc. acquired a new stake in XPEL in the second quarter valued at approximately $4,057,000. Lombard Odier Asset Management Europe Ltd grew its holdings in XPEL by 42.5% during the 1st quarter. Lombard Odier Asset Management Europe Ltd now owns 51,151 shares of the company’s stock worth $2,264,000 after acquiring an additional 15,245 shares in the last quarter. Parallel Advisors LLC increased its position in shares of XPEL by 424.4% in the 1st quarter. Parallel Advisors LLC now owns 923 shares of the company’s stock valued at $41,000 after purchasing an additional 747 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of XPEL by 53.9% in the 1st quarter. Bank of America Corp DE now owns 100,883 shares of the company’s stock valued at $4,465,000 after purchasing an additional 35,338 shares in the last quarter. Finally, Amundi acquired a new stake in shares of XPEL in the 1st quarter valued at $274,000. 75.08% of the stock is owned by institutional investors and hedge funds.

XPEL Stock Performance

The company’s 50-day moving average price is $45.61 and its 200-day moving average price is $46.04. The firm has a market capitalization of $1.38 billion, a PE ratio of 26.16 and a beta of 1.09.

XPEL Company 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.