B. Riley Financial Forecasts Strong Price Appreciation for XPEL (NASDAQ:XPEL) Stock

XPEL (NASDAQ:XPEL) had its price target hoisted by equities researchers at B. Riley Financial from $55.00 to $65.00 in a note issued to investors on Thursday, MarketBeat reports. The brokerage currently has a “buy” rating on the stock. B. Riley Financial’s price objective would suggest a potential upside of 29.82% from the company’s current price.

XPEL has been the topic of a number of other research reports. Zacks Research upgraded shares of XPEL from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of XPEL in a research note on Wednesday, June 24th. Finally, Freedom Capital lowered XPEL from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $65.00.

XPEL Price Performance

Shares of NASDAQ:XPEL opened at $50.07 on Thursday. XPEL has a twelve month low of $31.50 and a twelve month high of $55.91. The stock’s 50 day moving average is $45.76 and its 200-day moving average is $45.99. The company has a quick ratio of 1.37, a current ratio of 2.61 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 25.42 and a beta of 1.09.

XPEL (NASDAQ:XPEL) last posted 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 net margin of 10.77% and a return on equity of 18.98%. 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. XPEL’s revenue was up 14.7% compared to the same quarter last year. Sell-side analysts forecast that XPEL will post 1.92 EPS for the current fiscal year.

Hedge Funds Weigh In On XPEL

Hedge funds and other institutional investors have recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. lifted its holdings in XPEL by 1.7% in the fourth 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 grew its stake in shares of XPEL by 1.9% during the 4th quarter. Illinois Municipal Retirement Fund now owns 12,610 shares of the company’s stock valued at $629,000 after purchasing an additional 236 shares during the period. Osaic Holdings Inc. grew its stake in shares of XPEL by 13.8% during the 4th 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 period. Hantz Financial Services Inc. increased its position in shares of XPEL by 159.8% during the 4th 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. Finally, Langdon Equity Partners purchased a new stake in shares of XPEL during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 75.08% of the company’s stock.

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.